(navigation image)
Home American Libraries | Canadian Libraries | Universal Library | Community Texts | Project Gutenberg | Children's Library | Biodiversity Heritage Library | Additional Collections
Search: Advanced Search
Anonymous User (login or join us)
Upload
See other formats

Full text of "Annual report of the North Carolina Corporation Commission for the year ending .."

Digitized by the Internet Archive 
in 2013 



http://archive.org/details/annualreportofno1900nort_0 



JMorrii Carolina Slata library 
Jlaleiflh 

SECOND ANNUAL REPORT 



/ OF 



THE NORTH CAROLINA 

Corporation Commission 



FOR THE 



YEAR ENDING DECEMBER 31, 1900. 



•fcg@* 



RALEIGH, N. C: 
Edwards & Broughton and E. M. Uzzeli,, State Printers. 



PRESSES OF EDWARDS & BROUGHTON. 

£2^ 1901. 



I «-!'>■■ ••■ \i " m^i 



%** 



4 



NORTH CAROLINA CORPORATION COMMISSION. 



FRANKLIN McNEILL, 

Chairman. 
SAM L. ROGERS, 
D. H. ABBOTT, 

Commissioners. 
Henry C. Brown, 

CLERK. 



LETTER OF TRANSMITTAL. 



Office of the 
North Carolina Corporation Commission, 

Raleigh, N. C, January 28, 1901. 

To His Excellency, Charles B. Aycock, 

Governor of North Carolina. 

Dear Sir: — We submit herewith the Second Annual Eeport of 
the North Carolina Corporation Commission, comprising the 
annual reports of Steam Railroad Companies, Street Railway 
Companies, Sleeping Car Companies, Express Companies, Tele- 
graph and Telephone Companies for the fiscal year ending June 
30, 1900, the last report of State Banks of the State of the date 
of the 30th day of September, and Building and Loan Associa- 
tions, and the statistical tables compiled therefrom. 

This report was ready, and would have been sent in during the 
first week of January, but for the fact that we hoped to be able to 
report a settlement of the Railroad Tax suits, which were pend- 
ing. If these suits had not been settled, it would have been nec- 
essary for us in this letter to have gone into the history of them, 
and to have given the facts fully in reference thereto. 

RAILROADS. 

The railroads in this State have had a most profitable year, as 
will appear from the examination of the annual reports of each 
railroad company. The gross earnings of all the railroads from 
operation in North Carolina were $14,919,832, against $12,995,725 
for 1899, $11,543,516 for 1898, and $11,252,359 for 1897; while 
operating expenses were $9,336,881, against $8,186,500 for 1899, 
$7,395,548 for 1898, and $7,657,786 for 1897— so that the income 
from operation was $5,582,950, against $4,809,235 for 1899, 
$4,147,968 for 1898, and $3,594,573 for 1897. Out of the income 



IV N C. CORPORATION COMMISSION. 

from operations taxes and interest on the funded debt are to be 
deducted, the balance is available for dividends. 

Sixty-three miles of railroad were added to the railroad mileage 
of North Carolina during the year. There is not a railroad in 
the State in the hands of a receiver. 

CONSOLIDATIONS. 

The Wilmington and Weldon Railroad Company, the Norfolk 
and Carolina Railroad Company, the Atlantic Coast Line Railroad 
Company of South Carolina, the Atlantic Coast Line Railroad 
Company of Virginia, and the Southeastern Railroad Company, 
were consolidated April 23, 1900, under laws of North Carolina, 
South Carolina and Virginia, and have since been operated as the 
Atlantic Coast Line Railroad Company. This new corporation 
owns 1,711.24 miles of railroad. i 

Much progress has been made toward consolidating the roads 
composing the Seaboard Air Line System, under the corporate 
name of the Seaboard Air Line Railroad Company. This new 
corporation will own 2,600 miles of railroad, and will, we are in- 
formed, be consolidated as soon as some obstacles can be removed. 
So that when this consolidation is perfected, of the total of 3,687 
miles of railroad in this State the Southern Railway will operate 
1,226 miles, the Atlantic Coast Line Railroad Company 978 miles, 
and the Seaboard Air Line Railroad Company 620 miles. 

WORK OF THE COMMISSION. 

Classification. — One of the most important matters called to 
the attention of the Commission was a petition by the railroad 
companies to change classification. On the 11th day of May, 
1898, this Commission adopted Classification No. 25 of Southern 
Tariff Association, subject to certain exceptions, as the classifi- 
cation in North Carolina. The petition asked that railroads be 
allowed to change this and adopt Classification No. 27, and, later, 
Classification No. 28 of Southern Tariff Association. This change 
was opposed by merchants of Wilmington, Charlotte, Fayetteville 
and Goldsboro, and by furniture manufacturers and others. 

Upon investigation, it was found that the effect of adopting the 
proposed classification would be to very materially increase 



LETTER OF TRANSMITTAL. V 

freight rates, 1 and the Commission concluded that, in view of the 
great prosperity of the railroads, the rates ought not to he 
increased, and refused to grant the petition. 

One hundred and eighty complaints were heard aud adjusted 
during the year By far the greater part of these were adjusted 
hy the carriers as soon as their attention was called to the griev- 
ances. In cases where they were not so adjusted, the complaints 
were examined into by the Commission, and, in most instances, 
arranged satisfactory to both parties. 

The Commission, either in a body or by individual members, 
has gone over most of the railroads in the State, and is pleased to 
report, that, with a few exceptions, the railroads of the State are 
in good condition. 

Assessment for Taxation. — In obedience to the law, as we con- 
strued it, we assessed Railroad, Steamboat, Express, Sleeping Car, 
Telegraph, Telephone and other companies for taxation in July, 
1900. The railroads composing the Southern Railway Company, 
the Atlantic Coast Line Railroad Company and the Seaboard Air 
Line System, and the Western Union Telegraph Company 
brought suits in the Federal Courts and enjoined us from certify- 
ing our assessment as required by law. The value of these prop- 
erties had increased, and was greater in 1900 than in 1899, con- 
sidered from a stock and bond or earnings or any other basis; but 
in consideration of the fact that other property in North Caro- 
lina had also increased, and that the assessment of these proper- 
ties would not be increased except every four years, and in con- 
sideration of the fact that we were still resting under injunction 
from the Federal Court in suits by the Southern Railway Com- 
pany, the Atlantic Coast Line Railroad Company, and the Sea- 
board Air Line System from certifying assessments of 1899, we 
concluded to assess these properties at the same figures as in 1899. 

The bills in the suits brought in 1900 are copies of the bills in 
the suits of 1899, with dates, etc., changed to suit the facts in the 
second suit. 

A temporary injunction was granted in these suits, which was 
continued to the final hearings thereof. 

As stated in our last report, the Federal Court, in the Railroad 
Tax suits, held that the statute did not confer on this Commission 
the power to assess railroad property for taxation. A copy of' 



VI N. C CORPORATION COMMISSION 

this judgment is appended to this letter. And at the time of 
maidng our last report, a petition was pending before the Federal 
Court by our counsel to re-hear and reverse said judgment, upon 
the ground that our Supreme Court, in the case of Abbott against 
Beddingfield, had put a different construction upon the statute 
creating the North Carolina Corporation Commission. Upon 
hearing this petition, the judgment was reversed, and it was 
referred to Hon. James E. Shepherd, Standing Master, to take tes- 
timony and certify the same to the Court. A copy of this judg- 
ment is also appended to this letter. 

In obedience to this Order, the Master had hearings and took 
testimony at Wilmington, Charlotte, Greensboro, Asheville, Wel- 
don, Edenton and Raleigh, at the instance of the complainants, 
and finished taking testimony on their side December the 13th, 
1900. In progress of this examination, witnesses were examined 
from most of the counties in the State. 

As soon as possible after complainants had concluded their tes- 
timony, the defendants began to develop their side of the case, 
and between the 18th of December and the 3d of January had 
hearings at Raleigh and Wilmington, and examined witnesses 
from eight counties, namely, Wake, Durham, Johnston, New 
Hanover, Pender, Bladen, Brunswick and Columbus. While the 
heating was in progress in Wilmington, a conference was had 
between Col. W. G. Elliott, President of the Wilmington and 
Weldon Railroad Company, and the defendants and their counsel, 
at which, by our solicitation, we had the honor of your presence 
and mediation, and a plan of settlement was suggested, which, 
we are happy to say, has been carried out. 

By this settlement all of the suits brought by the Southern 
Railway Company, the Atlantic Coast Line Railroad Company, 
and the Seaboard Air Line System have been dismissed at com- 
plainants' cost, and the assessments made by us in 1899 and in 1900 
will be certified as required by law, and the State, county, city 
and town taxes have been or will be settled on that basis. As 
part of this settlement, it was agreed that we recommend that the 
assessment of the real estate of railroads, including their road-bed, 
etc., which is of the nature of real estate, shall be assessed only 
every four years, as is now the law with reference to real prop- 
erty. This seemed to us reasonable and jast, and we now 
respectfully make this recommendation. 



I.ETTKR OF TRANSMITTAL. VII 

By this settlement, 844,561 will be paid into the State Treasury, 
(,084 into the school fund, about $101,559 to the counties, 
cities and towns in the State — aggregating $178,244. 

The only tax suits now pending are the suits brought by the 
Western Union Telegraph Company. It was agreed between 
counsel in these cases that the evidence taken in the Railroad 
cases, as far as applicable, be used in these cases, and only one 
hearing was had at the instance of this complainant. The bill in 
suit of 1900 is similar to the one in suit of 1899. 

We gave in our last report a full statement of the facts in the 
case which was pending, and there has been no development 
since which we deem important to mention. The action referred 
to in the last report, State of North Carolina, in the relation of 
the North Carolina Corporation Commission, against the Seaboard 
and Roanoke Railroad Company, Raleigh and Gaston Railroad 
Company, Raleigh and Augusta Air Line Railroad Company, and 
other roads of the Seaboard Air Line System, as under considera- 
tion of Hon. Fred. Moore, Judge presiding, Fourth Judicial Dis- 
trict, was decided by him in favor of the Commission, and on 
appeal to Supreme Court was affirmed in an opinion by Hon. 
Robert M. Douglas, a copy of which is appended hereto. It will 
be remembered that the order of the Commission in question in 
these cases was fixing rate on fertilizer and what should be a car- 
load. All the railroads in the State conformed to this order ex- 
cept those composing the Seaboard Air Line System, so that now 
our order, known as Circular No. 1 of the North Carolina Corpo- 
ration Commission, is in operation on all the railroads in the 
State, except the Carolina Central Railroad Company. 

As stated in our last report, Mrs. Matthews, one of the holders 
of the bonds of this Company, brought suit in Federal Court and 
enjoined us from enforcing the rate on this road, alleging that 
this Company was, by terms of its charter, exempt from the juris- 
diction of this Commission, and that the rate fixed was unrea- 
sonable and unjust. The Federal Court held that this road was 
not exempt by its charter from State supervision, and the mat- 
ter was referred to Eugene S. Martin, Esq., Special Master, to 
take testimony and report whether the rate was unreasonable and 
unjust. The Master heard all the evidence offered by both par- 
ties, and made his report, sustaining the order of the Commission. 



VII [ N C. CORPORATION COMMISSION. 

The complainant filed numerous exceptions to this report, and 
the matter has been set down for hearing at Charleston, 8. C, 
on January the 29th, 1901, before Hon. Charles H. Simonton. 
We hope that the decision of this matter will not be delayed, as 
it is a matter of importance to all persons interested in the local 
freights. of this road. 

The investigation which was made by us in preparing this case, 
satisfied us that we not only did right to put this road on the 
same footing with other railroads in the State with reference to 
fertilizers, but that the differential which had been allowed it on 
all other freights ought to be removed also; but, of course, this 
could not be done until the injunction in the Matthews case had 
been disposed of. 

STATE BANKS. 

There were 26 new banks organized in 1900, so that there are 
92 State Banks in operation in the State, as follows: 56 under 
charters with general banking powers, 10 Savings Banks and 26 
Private Banks. 

These banks have a capital of $2,686,383.4:7, against a capital 
for 1899 of $2,307,297.80, making an increase of $379,085.67. 
They have deposits amounting to $8,674,655.50, against $6,511,- 
610.71 for 1899, an increase of $2,163,014.79 The total resources 
of the State Banks, as shown by their last report, was $14,617,- 
959.64. We have had the banks to make 5 reports to us during 
the year, and have had each of them examined by the Examiners, 
and we have compared the reports with each other and with the 
reports of the Bank Examiners, and with pleasure can report that 
they seem to have had a prosperous year. 

BUILDING AND LOAN ASSOCIATIONS. 

There were 32 Building and Loan Associations in operation dur- 
ing the year 1899, with assets amounting to $2,040,104. The 
last report which we have had from the Building and Loan Asso- 
ciations was December the 31st, 1899. As there have been many 
changes since that time, it did not seem that it would serve any 
useful purpose to give the reports in full in this volume. They 
were all filed. 



LETTER OF TRANSMITTAL IX 

It is respectfully recommended that the law be changed so as 
to require the annual reports of these companies to be filed as of 
June the 30th of each year instead of December the 31st, as the 
law now is. 

Respectfully submitted, 

Franklin McNeill, 

Chairman, 
Sam L. Rogers, 
D. H. Abbott, 
H. C. Brown, Commissioners. 

Clerk. 



AN ACT TO ESTABLISH THE NORTH CAROLINA 
CORPORATION COMMISSION. 

(As Amended.) 



The General Assembly of North Carolina do enact: 

Section 1. That there shall be elected by this general assem- Election of three 

. . commissioners. 

bly three commissioners, who shall have general supervision ot 
railroads, steamboat, navigation and canal companies, express Dut i e s and pur- 
and telegraph and telephone companies, building and loan asso- P. os e of commis- 
ciations, banks and sleeping car companies. That the said com- 
missioners elected by this general assembly and their successors 
in office shall be and they are hereby created and constituted How eIected 
a court of record, and shall be known as the Nortn Carolina Cor- 
poration Commission, and as such shall have all the powers and Corporate name, 
jurisdiction of a court of general jurisdiction as to all subjects 
embraced in this act and shall have a common seal. The term 
of office of said commissioners shall begin immediately after their Term of office, 
election by this general assembly and their qualification and shall 
continue until the first day of January, nineteen hundred and 
one and until their successors are elected and qualified. At the 
general election for state officers in nineteen hundred there shall shall be elected at 
be elected three commissioners by the qualified electors of this genera e ectlons? 
state at the time and places of voting for members of the legisla- 
ture, one of whom shall be elected for the term of two years and 
one for the term of four years and one for the term of six years. 
After the first election such commissioners shall be elected by the 
qualified electors of this state at the time and places of voting 
for members of the legislature for a term of six years and shall 
be members of and constitute the North Carolina Corporation 
Commission. In case of vacancy the board of internal improve- vacancies occur 
ments shall appoint to such vacancy and their appointee shall nn s how supplied, 
hold until the qualification of his successor, who 1 shall be elected 
by the qualified electors of this state at the next regular election 
after the vacancy has taken place and the person then chosen 
shall hold the onice for the unexpired term. The said commis- 
sioners in addition to the oath to support the constitution a^d Commissioners 
laws of the United States and the constitution and laws of the sha11 take oath> 
state of North Carolina shall take, to be administered by one of 
the judges of the supreme court, the following oath of office, 
which oath shall be signed by said commissioners and attested 
by said judge and recorded in the office of the clerk: "I do sol- Form of oath 
emly swear (or affirm) that I am not the owner of steamboat or 
of any stock or bond of any railroad, navigation or canal com- 
pany, express, telegraph or telephone company, or of any build- 
ing and loan association, or the agent or attorney or employee of 



I CORPORATION COMMISSION ACT. 

any such company or association; that I have no interest in any 
way in any such company or association, and that I will well and 
faithfully execute the duties of my office as a member of the 
North Carolina Corporation Commission to the best of my knowl- 
edge and ability, without fear, favor or malice or reward or the 
shall not be inter- hope of reward. So help me, G»d." Said commissioners shall 

ested in companies 

under their super- not jointly or severally or in any way De the holder of any stock 
or bond or be the agent or attorney or employee of any such com- 
pany or have any interest in any way in such company and shall 
so continue during the term of his office, and in case any commis- 
Controi and super- sioner shall as distributee or legatee or in any other way have or 
corporations. become entitled to any stock or bonds or interest therein of any 

such company he shall at once dispose of the same. They shall 
have such general control and supervision of all railroad, steam- 
boat, canal, express and sleeping car companies or corporations 
and of all other companies or corporations engaged in the car- 
rying of freight or passengers; of all telegraph and telephone 
companies, of all public and private banks and all loan and trust 
companies or corporations, and of all building and loan associa- 
tions or companies necessary to carry into effect the provisions 
shall investigate of the act. They shall investigate the books and papers of all 
books and papers. suc j 1 companies, individuals, firms or corporations and they shall 
visit in person trom time to time the place of business of such 
companies, individuals, firms or corporations to ascertain if all 
orders, rules and regulations of the North Carolina Corporation 
Empowered to Commission have been complied with, and shall have full power 
examine officers, an( j authority to examine all officers, agents and employees of 

agents, etc. 

such companies, individuals, firms or corporations, and all other 
persons under oath or otherwise, and 10 compel the production 
of papers and the attendance of witnesses to obtain the informa- 
uon necessary for carrying into effect and otherwise enforcing 1 
the provisions of this act. 
Powers of commis- Sec. 2. That said commission is hereby empowered and directed 
(1 ) To make reasonable and just rates 01 freight, passenger and 
express tariffs for railroads, steamboats, canal and express compa- 
nies or corporations, and all other transportation companies or 
corporations engaged in the carriage of freight, express or pas- 
sengers: Provided, that in fixing any maximum rate or charge 

Proviso. 

or tariff of rates or charges for any common carrier, person or 
corporation subject to the provisions of this act the said commis- 

Shall consider 

certain facts. sion shall take into consideration if proved or may require proof 

of the fair value of the property of such carrier, persons or corpo- 
ration used for the public in the consideration of such rate or 
charge or the fair value of the service rendered as in determining 
the fair value of the property so being used for the. convenience 
of the public. It shall furthermore consiuer the origiral cost of 
the construction thereof and the amount expended in permanent 
improvements thereon and the present compared with the origi- 



sion. 

To make rates. 



N. C. CORPORATION COMMISSION. 6 

nal cost of construction of all its property within the state of 
North Carolina; the probable earning capacity of such property 
under the particular rates proposed and the sum required to 
meet the operating expenses of such carrier, person or corporation 
and all other facts that will enable them to determine what are 
reasonable and just rates, charges and tariffs. 

(2) To make reasonable and just rules as to charges by any Reasonable and 

L . ,, . ~ - . , , just rates for cor- 

company or corporation engaged in the carriage of freight or p0 rations hand- 
express for the necessary handling and delivery of the same at f r "^ h t press or 
all stations. 

(3) To make reasonable and just rules and regulations to pre- shall prevent 

. ,. . . - , , ,,. „ ~ . , , discrimination. 

vent discrimination in the transportation of freight or passengers. 

(4) To make reasonable and just rates of charges for the use of Just rates for 

freight and pas- 

railroad cars carrying freight or passengers. sengers. 

(5) To make reasonable and just rules and regulations to pre- prevent rebates, 
vent the giving, paying or receiving of any rebate or bonus di- e c 

rectly or indirectly or the misleading or deceiving the public in 
any manner as to real rates charged for freight, express or pas- 
sengers. 

(6) To make just and reasonable through rates for the trans- Through rates for 

,. j. j. . , , transportation 

portation of freight, express or passengers. w 

(7) To make just and reasonable rules and regulations for the Handling of 
handling of freight and baggage at stations. baggage" 

(8) To make just and reasonable rates of charges for the trans- Transportation by 
portation of packages by any express ^company or corporation, express company. 

(9) To make just and reasonable rules and regulations as to companies con- 
contracts entered into by any railroad company or corporation cars^f^theTcom- 
to carry over its line or any part thereof the car or cars of any P ani es. 

other company or corporation. 

(10) To make just and reasonable rates of charges for the trans- Transmission of 

c ^ x ! x. , telegrams, 

mission of messages by any telegraph or telephone company or 

corporation doing business in this state. 

(11) To make just and reasonable rates of charges for the rental Telephone rentals, 
of telephones: Provided, this sub-section shall not apply to tele- 
phone lines hereafter constructed, nor to telephone instruments 

connected with the exchanges giving interstate connection until 
three years after tne ratification of this act. 

(12) To require, where the public necessity demands and it is May requ ire estab- 
demonstrated that the revenue received will be sufficient to just- lisl ? ment of 

J stations. 

ify it, the establishment of stations by any company or corpora- 
tion engaged in the transportation of freight ana passengers in 
this state, and to* require the erection of depot accommodations 

commensurate with such business and revenue: Provided, the „ 

Proviso. 

commissioners shall not require any company or corporation to 
establish any station nearer to another station than five miles. 

(13) To require a change of any station or the repairs, addition May require 

to or change of any station house by any railroad or ether trans- r *P airs at stations, 
portation company i» order to promote the security, convenience 



CORPORATION COMMISSION ACT. 



Separate waiting 
rooms. 



Construction of 
side-tracks 



Proviso. 



Powers over bank 
ing institutions. 



Appointment of 
pt-rsons to make 
certain examina- 
tions and reports. 



Information to 
state treasurer. 



Collection of 
fees, etc. 



Jurisdiction as to 
building and loan 
associations. 



Examination, etc., 
of building and 
loan associations. 



and accommodation of the public and to require the raising or 
lowering of the track at any crossing when deemed necessary. 

(14) To require the establishment of separate wauing-rooms at 
all stations for the white and colored races. 

(15) To require the construction of side tracks by any railroad 
company to industries already established or to be established: 
Provided, it is shown that the proportion of such revenue accru- 
ing to such side-track is sufficient within five years to pay the 
expenses of its construction. This shall not be construed to give 
the commissioners authority to require railroad companies to 
construct side-tracks more .nan five hundred feet. 

(16) To perform all the duties and exercise all the powers as to 
banks and banking imposed or conferred upon the state treas- 
urer by chapter one hundred and fifty-five of the public laws of 
eighteen hundred and ninety-one, as amended by chapter four 
hundred and seventy-eight, public laws of eighteen hundred 
and ninety-three, and all reports required to be made by said 
laws to the state treasurer are hereby directed to be made to the 
said North Carolina Corporation Commission. 

(17) To appoint suitable persons to make the examinations and 
reports required by chapter one hundred and fifty-five, public 
laws of eighteen hundred and ninety-one, as amended by chap- 
ter four hundred and seventy-eight, public laws of eighteen hun- 
dred and ninety-three, who shall receive the same compensation 
for similar services provided for in said iaw, and the power of the 
state treasurer to appoint such persons is hereby revoked. 

(18) To furnish to the state treasurer upon his application in- 
formation as to the condition and solvency of any bank or bank- 
ing institution of this state. 

(19) To collect all fees, salaries, charges, commissions and other 
compensations heretofore collected by or paid to the state treas- 
urer for the performance of the duties and the exercise of the 
powers imposed or conferred under sub-sections sixteen, seven- 
teen and eighteen of this act and to turn the same into the state 
treasury for the benefit of the state. 

(20) To perform all the duties and exercise all the powers as 
to building and loan associations imposed or conferred upon the 
auditor of the state by chapter seven, volume two, of The Code 
and by cnapter four hundred and thirty-four, public laws of 
eighteen hundred and ninety-three and by chapter four hundred 
and forty-four, public laws of eighteen hundred and ninety-five, 
and to make all examinations, issue all certificates and perform 
all other duties imposed by law upon the auditor of the state re- 
lating to building and loan associations. 

(21) To appoint suitable persons to make the examinations re- 
quired by the laws referred to* in the preceding section, who shall 
receive the same compensation provided for in said laws, and the 
power of the auditor of the state to make such appointments is 
hereby revoked. 



N. C. CORPORATION COMMISSION. O 

(22) To collect all fees, salaries, charges, commissions and collection of fees, 
other compensations heretofore collected by the auditor of the 

state for the performance of the duties imposed or conferred under 
sub-sections twenty and twenty-one of this act, and to turn the 
same into the state treasury for the benefit of the state, and the 
power of the auditor of the state to collect the same is hereby 
revoked. 

(23) To perform all the duties and exercise all the powers im- Perform certain 
posed or conferred by chapter three hundred and twenty (320) of 

the public laws of eighteen hundred and ninety-one and the acts 
amendatory thereto. 

(24) To prescribe rules of practice and proceeding in all mat- To prescribe rules, 
ters before them and in all examinations necessary to be macle 

under this act. 

Sec. 3. That it shall be the duty of the state treasurer to turn Treasurer shall 
over to the North Carolina Corporation Commission all books, anT papers°to * 
papers, statements and other records in his office relating to the commission, 
duties imposed by this act in regard to banks and banking insti- 
tutions. 

Sec. 4. That it shall be the duty of me auditor of the state to Auditorjauthorized 

^ ,. „ s» . „ to turn over cet- 

turn over to the North Carolina Corporation Commission all tain books, etc., to 
books, papers, statements and other records in his office relating commisslon - 
to the duties imposed by this act in regard to building and loan 
associations. 

Sec. 5. That it shall be the duty of the late board of railroad Retiring board 

„ _, ,. of railroad com 

commissioners to turn over to the North Carolina Corporation missioners author- 
Commission all books, papers, statements and other records in booksand papers, 
their office relatirg to the duties imposed by this act in regard to 
railroads, telegraphs, telephones, steamboats and other transpor- 
tation companies. 

Sec. 6. That all contracts and agreements between railroad contracts between 
companies doing business in this state as to rates of freight and r al *2? ads as lo 

tariffs, examina- 

passenger tariffs shall be submitted to aid commission for in- tion of 
spection and correction, that it may be seen whether or not they 
are a violation of law or of the provisions of this act or of the 
rules and regulations of said commission; and all arrangements 
and agreements whatever as to the division of earnings of any 
kind by competing railroad companies doing business in this 
state shall be submitted to said commission for inspection and 
approval in so far as they affect rules and regulations made by 
said commission to secure to all persons doing business with said 
companies just and reasonable rates or freight and passenger 
tariffs; and said commission may make such rules and regula- 
tions as to such contracts and agreements as may then be Rules and reguia 
, , , , , tions as to con- 

deemed necessary and proper, and any such agreements not ap- tracts. 

proved by such commission or by virtue of which rates shall be 
charged exceeding the rates fixed for freight and passengers shall 
be deemed, held and taken to be violations of this act and shall 
be illegal and void. 



CORPORATION COMMISSION ACT. 



Schedule of rates 
shall be taken as 
prima facie evi- 
dence 



Proviso. 



Companies may 
appeal from de- 
cision of commis- 
sion. 



Causes shall be 
tried as civil 
actions. 



Cause, how 
entitled 



Sec. 7. The schedule containing rates fixed by said commis- 
sion shall in suits brought against any such company wherein is 
involved the charges of any such company for the transportation 
of any passenger or freight or cars or unjust discrimination in re- 
lation thereto be taken in all courts of this state as prima facie 
evidence that the rates therein fixed are just and reasonable rates 
of charges for the transportation of passengers and freights and 
cars upon the railroads; and said commission shall from time to 
time and as often as circumstances may require change and re- 
vise or cause to be changed and revised said schedules. When 
any schedule shall have been made or revised as aforesaid it shall 
be the duty of all such companies to post at all their respective 
stations in a conspicuous place a copy of said schedule for the in- 
formation of the people. All such schedules aforesaid shall be 
received and held in all such suits as prima facie evidence the 
schedules of said commission, without further proof than the 
production of the schedules desired to be used as evidence, with 
a certificate of the clerk of the commission that the same is a 
true copy of the schedule prepared or approved by them for 
the railroad company or corporation therein named: Provided, 
that any company may appeal to the judge of the superior court 
in term time and thence to the supreme court from any determi- 
nation of the commission fixing or refusing to change the rate of 
freight or fare; but that before such company shall be allowed 
to exercise this right of appeal it shall within ten days after no- 
tice of the rates fixed by the commission file with the commission 
exceptions to the particulars that it objects to and the grounds 
thereof, and within ten days after filing such exception the com- 
mission shall hear the same, and if they shall overrule any one 
of said exceptions then such corporation, if it desires to appeal to 
said superior court, shall within ten days thereafter give notice 
of appeal to said superior court, and the said commission shall 
thereupon transmit to the superior court of some county most 
convenient to all parties interested in said appeal a record of 
their determinations of the rates of said corporation with the ex- 
ception of the company and their decisions thereon, and all the 
papers and evidence considered by them in making their decis- 
ion. The said cause shall be placed on the civil issue docket of 
said court and shall have precedence of other civil actions, and 
shall be tried under the same rules and regulations as are pre- 
scribed for the trial of other civil causes, except that the rates 
fixed by the commission shall be prima facie just and fair: Pro- 
vided, the appeal may by consent of the commission and the 
company be heard and determined in chambers before any judge 
of a district through or into which the railroad may extend or 
any judge holding court therein. The cause shall be entitled 
"State of North Carolina on the relation of the North Carolina 
Corporation Commission against such company." Either party 



N. C. CORPORATION COMMISSION. 

may appeal to the supreme court from the judgment of the su- 
perior court under the same rules and regulations as prescribed 
by law for appeal, except that the state of North Carolina if it 
shall appeal shall not be required to give an undertaking or 
make any deposits to secure the cost of such appeal, and such 
court may advance the cause on their docket so as to give the 
same a speedy hearing: Provided, that the rates of freight Proviso. 
and fare fixed by the commission shall be and remain the Rates of freight 
established rates and shall be so observed and regarded by SJSbSSS" 
such corporations until the same shall be changed, reversed or 
modified by the judgment of the superior court, unless the 
railroad company shall within fifteen days file with said com- 
mission a justified undertaking (in a sum to be fixed by said 
commission) conditioned to pay into the treasury of North Caro- 
lina the difference between the aggregate freights charged or re- 
ceived and those fixed by said commission, and to make a report 
of freights charged or received every three months during the 
pendency of such appeal, and whenever the aforesaid difference 
in freights equals or exceeds the penalty of such undertaking or 
undertakings said commission may require another to be exe- 
cuted and filed with them. From the time the undertaking first 
mentioned is filed as aforesaid the judgment appealed from shall J^^cat U d gment 
be vacated, but a failure for ten days to file any additional under- 
taking required as aforesaid by said commission shall eo instanti 
revive such judgment. Out of the funds paid into said treasury overpaid freight 
under this section shall be refunded to shippers the over-paid refunded to 

^^ shippers. 

freight ascertained by the final determination of the appeal on 
the recommendation of said commission : Provided, application proviso, 
therefor is made within one year from such final determination. 
Said undertaking shall be payable to the state of North Carolina Undertaking, to 
and sued on as other undertakings which are payable to said 
state: And provided further, that such rates fixed by the com- 
mission when approved or confirmed by the judgment of the 
superior court shall be and remain the established rates and shall 
be so observed and regarded by such corporation until the same 
shall be changed, revised or modified by the final judgment of 
the supreme court if there shall be an appeal thereto. No judge During appeal 
shall grant an injunction, restraining order or other process stay- shVll'Sfgranted. 
ing or affecting during the pending of such appeal the enforce- 
ment of any such determination of the said North Carolina Cor- 
poration Commission fixing rates or fares without requiring as a 
condition precedent the executing and filing with said North 
Carolina Corporation Commission a justified undertaking in the 
sum of not less than twenty-five thousand dollars for all compa- 
nies whose road is of less length than fifty miles and fifty thou- 
sand dollars for companies whose road is over fifty miles in length 

conditioned that the company will make and file with the said 

Quarterly state- 
North Carolina Corporation Commission a sworn statement every ment. 



CORPORATION COMMISSION ACT. 



When determina- 
tion of commis- 
sion is affirmed. 



Commission shall 
notify appellant 
another under- 
taking required. 



Failure to file 
undertaking. 



When sworn state- 
ments as required 
are not made, 
penalty. 



Proviso. 



Recovery of under- 
takings, how- 
applied. 



three months during the pending of said appeal of the items of 
freight, with names of shippers, carried over said company's 
road within the preceding ninety days, showing the freights 
charged and those fixed by the said North Carolina Corporation 
Commission; and that in the event the determination of the said 
North Carolina Corporation Commission appealed from is 
affirmed in part or in whole the said company shall within thirty 
days pay into the treasury of North Carolina the aggregate dif- 
ference between the freights collected and those fixed by the 
final determination of the matter appealed. Whenever the ag- 
gregate difference between the freights collected and those fixed 
by the North Carolina Corporation Commission shall equal or 
exceed the sum specified in said undertaking the said North Car- 
olina Corporation Commission shall notify the appellant, or appel- 
lants that another justified undertaking in like sum and with the 
same conditions as aforesaid is required to be executed and filed 
with the said North Carolina Corporation Commission. A failure 
to file with the said North Carolina Corporation Commission the 
sworn statement provided for in this section, or any one of them 
when more than one is required or asked for, or a failure to give 
an additional undertaking when required within fiiieen days from 
notice so to do, shall vacate and render null and void any re- 
straining order, injunction or other process to stay the enforce- 
ment of any determination of the said North Carolina Corpora- 
tion Commission as to schedules of rates, etc. When any of the 
conditions of such undertaking or undertakings are broken the 
said undertaking or undertakings may be sued on and enforced 
in the name of the state of North Carolina on the relation of the 
attorney-general by summons returnable to the superior court of 
any county in the state at a regular term thereof. In cases where 
the sworn statements herein required to be made are not made 
the whole penalty of the undertaking or undertakings shall be 
enforced and paid into the state treasury. The sums paid into the 
treasury under the provisions of this section shall be used to re- 
imburse the shippers of freights for the excess of freights paid 
over what should have been paid, such reimbursements to be 
made on recommendation of the said North Carolina Corporation 
Commission: Provided, application therefor is made within one 
year after the determination of the appeal in wnich the under- 
taking or undertakings were given. The recovery in each under- 
taking shall be applied as aforesaid to such excess of freights as 
is paid during the period covered by such unaertaking. The 
solicitor of the district shall prosecute the action in his court on 
behalf of the state, and shall be allowed such fees, to be taxed 
in the bill of costs, as the court may order; and the attorney- 
general shall prosecute on appeal to the supreme court on behalf 
of the state and shall be allowed such fees, to be taxed in the 
^ill of costs, as the court shall allow. Section three thousand 






N. C. CORPORATION COMMISSION. tf 

seven hundred and thirty-eight of The Code regulating fees shall 
apply as far as applicable to clerk of this commission. Each 
railroad corporation or other company as hereinbefore named company required 
shall within thirty days after the organization of the commission ra t es eS( 
file with said commission a schedule of their rates of charges 
for freight and passenger tariffs, and the said commission is au- 
thorized and required to publish the said rates or a summary 
thereof in some convenient form for the information of the pub- 
lic and quarterly thereafter the changes made in said schedules 
if they deem it advisable. 

Sec. 8. The commission, whenever in its judgment any eorpop- Notice to be given 

to companies 

ration has violated or neglected in any respect to comply with violating laws, 
the terms of the act by which it was created or with the provis- 
ion s of any law of the state not provided for in this act, shall 
give notice thereof in writing to such corporations, and if the 
violation or neglect is continued after such notice shall forthwith 
present the facts to the attorney-general, who shall take such 
proceedings thereon as he may deem expedient. 

Sec. 9. That said commission in making any examination for Commissioners 

empowered to 

the purpose of obtaining information pursuant to this act shall issue subpoenas 
have power to issue subpoenas for the attendance of witnesses by n^tions!^ exam1 ' 
such rules as they may prescribe; and said witness shall receive 
for such attendance two dollars per day and five cents per mile 
travelled by the nearest practicable route in going to and return- 
irg from the place of meeting of said commission, to be ordered 
paid by the commission upon presentation of subpoenas sworn to 
by the witnesses as to the number of days served and miles trav- 
elled before the clerk of said commission, who is hereby author- 
ized to administer oaths. In case any person shall wilfully fail Persons refusing 
or refuse to obey such subpoenas the commission shall have power attachmentsfor. ' 
to issue an attachment for such witness and compel him to at- 
tend before the commission and give his testimony upon such 
matters as shall be lawfully required by such commission; and 
raid commission shall have power to punish for contempt as in 
other cases of refusal to obey the process and order of any court. 

The clerk of said commission may serve any notice issued bv c . lerk of commis- 
sion may serve 
them and his return thereof shall be evidence of said service; and notices. 

it shall be the duty of the sheriffs in the state to serve any pro- 
cess, subpoenas and notices issued by said commissioners, and 
they shall be entitled therefor to the same fees as are prescribed or 
may be prescribed for serving summons issuing from the superior 
court, and they shall be liable to the same fines and penalties 
for failure to discharge their duties on that behalf. 

Sec. 10. That an subpoenas for witnesses to appear before said Subpoenas, to 

whom directed. 

commission or before any one or more of said commissioners, and 
notice to persons or corporations shall be issued by one of said 
commission and be directed to any sheriff, constable or marshal 
of any city or town who shall execute the same and make due 



10 



CORPORATION COMMISSION ACT. 



Persons refusing 
to obey summons 
guiltyof a misde- 
meanar. 



May provide for 
separate cars for 
races. 



Unreasonable 
rates, shall be 
held extortion. 



Rebates or unjust 
charges unlawful. 



Unreasonable 
preferences pro- 
hibited. 



return thereof as directed therein under the penalties prescribed 
by law for a failure to execute and return the process of any 
court; and if any person duly summoned to appear and testify 
before said commission shall fail or refuse to testify without a 
lawful excuse or shall refuse to answer any proper question pro- 
pounded to him by said commission in the discharge of duty or 
shall conduct himself in a rude, disrespectful or disorderly man- 
lier before said commission, or any of them deliberating in the 
discharge of duty, such person shall be deemed guilty of a misde- 
meanor and upon conviction thereof shall be fined not less than 
fifty nor more than one thousand dollars. 

Sec. 11. That said commission shall have power, whenever 
they deem it expedient and practicable, to require any railroad 
corporation operating a railroad or part of a railroad in this state 
to provide separate and equal accommodations for the white and 
colored races on the passenger trains, and also at the passenger 
station or waiting rooms in this state, and for failure to comply 
with the orders of said commission made under this section such 
company shall be subject to a penalty of one hundred dollars for 
each day it so> fails to perform the orders of said commission. 

Sec. 12. That from and after the passage of this act if any rail- 
road doing business in this state, or any such company organ- 
ized under the laws of any other state and doing business in this 
state, shall charge, collect, demand or receive more than a fair 
and reasonable rate of toll or compensation for the transporta- 
tion of passengers or freight of any description or for the use and 
transportation of any railroad car upon its track or any of the 
branches thereof or upon any railroad in this state which has the 
right, license or permission to use, operate or control the same,, 
[it] shall be deemed guilty of extortion, and upon conviction 
thereof shall be fined not less than five hundred nor more than 
five thousand dollars. 

Sec. 13. That if any common carrier subject to the provisions 
of this act shall directly or indirectly by any special rate, rebate, 
drawback or other device, charge, demand, collect or receive 
from any person or persons a greater or less compensation for any 
service rendered or to be rendered in the transportation of passen- 
gers or property subject to the provisions of this act thai it 
charges, demands or collects or receives from any other person or 
persons for doing for him or them a like and contemporaneous 
service in the transportation of a like kind of traffic under sub- 
stantially similar circumstances and conditions, such common car- 
rier shall be deemed guilty of unjust discrimination, which is 
hereby prohibited and declared to be unlawful. That it shall be 
unlawful for any common carrier subject to the provisions of this 
act to make or give any undue or unreasonable preference or ad- 
vantage to any particular person, company, firm, corporation or 
locality, or any particular description of traffic in any respect 



N. C. CORPORATION COMMISSION 11 

whatsoever, or to subject any particular person, company, firm, 
corporation or locality or any particular description of traffic to 
any undue or unreasonable prejudice or disadvantage in any re- 
spect whatsoever, and any person, persons, company or corpora- 
tion violating the provisions of this section shall be upon convic- 

Penalty for. 

tion thereof fined not less than one thousand nor more than five 
tuousand dollars for each and every offense. 

Sec. 14. That it shall be unlawful for any common carrier suo- Greater propor 
ject to the provisions of this act to charge or receive any greater tionate charges 

J * • for short distances 

compensation in the aggregate for the transportation of passen- unlawful, 
gers or of like kind of property under substantially similar cir- 
cumstances and conditions for a shorter than for a longer dis- 
tance over the same line in the same direction, the shorter being 
included within the longer distance; but this shall not be con- 
strued as authorizing any common carrier within the terms of 
this act to charge and receive as great compensation for a shorter 
as for a longer distance: Provided, however, that upon applica- 
tion to the commission appointed under the provisions of this act 
such common carrier may in special cases, after investigation by 
the commission, be authorized to charge less for longer than for 
shorter distances for the transportation of passengers or prop- 
erty; and the commission may from time to time prescribe the 
extent to which such designated common carrier may be relieved 
from the operation of this section of this act: Provided, that Prov i so> 
nothing in this act contained shall be taken as in any manner 
abridging or controlling the rates of freight charged by any rail- 
road in this state for conveying freight which comes from or goes 
beyond the boundaries of the state and on which freight less 
than local rates on any railroad carrying the same are charged Freight going 
by such railroads, but said railroad company shall possess the tSsstate! 11118 ° 
same power and right to charge such rates for carrying such 
freight as they possessed before the passage of this act: Provided Proviso. 
further, however, that upon the complaint of any person or per- 
sons, corporation or corporations to said commission of any un- Discrimination in 
just discrimination in carrying freight which comes from or goes d? investigated!* 
beyond the bounaaries of the state by any railroad company, 
whether organized under the laws of this state or organized un- 
der the laws of another state and doing business in this state, 
the said commission shall investigate said complaint, and if the 
same be sustained it shall be the duty of said commission to 
bring said complaint before the interstate commission for re- 
dress in accordance with the provisions of the act of congress 
establishing said interstate commerce commission; they shall 
receive upon application the services of the attorney-general of Attorney-geuerai 

J.-L -.,,,, ,, „ shall represent 

the state and he shall represent them before the interstate com- commission, 
merce commission: Provided further, that the North Carolina Proviso 
Corporation Commission conjointly with such companies shall powered t^make 
have authority to make special rates for the purpose of develop- JgjJjJ ufdnstries 



12 



CORPORATION COMMISSION ACT. 



Excursion rates. 



Violation of rules 
prescribed by com- 
mission unlawful. 



Penalty. 

Actions for recov- 
ery of penalties, 
where brought. 



Compensation of 

prosecuting 

attorney. 



Persons wronged 
or injured have 
right of action. 



Proviso. 
When suit shall 
be brought. 
Proviso. 



ing all manufacturing, mining, milling and internal improve- 
ments in the state: Provided further, that nothing in this act 
shall proh.oit railroad or steamboat companies from making 
special passenger rates with excursion or other parties, also rates 
on such freigiits as are necessary for the comfort of such parties, 
subject to the approval of the commission. 

Sec. 15. That if any railroad company aoing business in tlrs 
state by its agents or employees shall be guilty of a violation of 
the rules and regulations provided and prescribed by said com- 
mission, and if after due notice of sucn violation given to the 
principal officers cnereof, if residing in tne state, and if not to 
the manager or superintendent or secretary or treasurer if resid- 
ing in the state, and ii not then to any local agent thereof, ample 
and full recompense for the wrong, or injury done thereby to 
any person or corporation as may be directed by said commis- 
sion shall not be made within thirty days from tne time of such 
notice, such company shall incur a penalty for eacn offense of 
five hundred doi.ars. An action for the recovery of any penalty 
under this act shall be in the county in which said penalty has 
been incurred, and shall be instituted in the name of the state of 
North Carolina on the relation of the North Carolina Corpora- 
tion Commission against the company incurring such penalty, 
or whenever such action is upon the complaint of any injured per- 
son or corporation it shall be instituted in the name of the state 
of North Carolina on the relation of the North Carolina Corpora- 
tion Commission upon the complaint of such injured person or 
corporation against the company incurring such penalty. Such 
action shall be instituted and prosecuted by the attorney-general 
or the solicitor of the judicial district in which such penalty has 
been incurred, and the judge before [whom] the same is tried 
snail determine the amount of compensation to< be allowed the 
attorney-general or such solicitor prosecuting, said action for his 
services, and such compensation so determined shall be taxed as 
part of the cost. The procedure in such actions, the right of 
appeals and the rules regulating appeals shall be the same as 
are now provided by law in other civil actions. 

Sec. 16. That if any railroad company aoing business in this 
state shall, in violation of any rule or regulation provided by the 
commission aforesaid, inflict any wrong or injury on any person 
such person shall have a right of action and recovery for such 
wrong or injury in ,ne county where the same was done or where 
the plaintiff resides, in any court having jurisdiction thereof, 
and the damages to be recovered shall be the same as [in] an 
action between individuals except that in case of willful violation 
of law such railroac companies shall be liable to exemplary dam- 
ages: Provided, that all suits under this act shall be brought 
within twelve months after the commissioin of the alleged wrong 
or injury: Provided further, that if an individual is killed the 



N C CORPORATION COMMISSION. 13 

tim<e during which there isi no administration shall not be 
counted: Provided, letters of administration are taken out within 
one year from the killing. 

Sec. 17. That all railroad companies m this state shall on de- Dup ii cate freight 
mand issue duplicate ireight receipts to shippers in which shall receipts 
be stated the cass or classes of freight shipped, the freight 
charges over the road giving the receipt, and so far as practica- 
ble shall state the freight charges over the roads that carry such 
freight. When the consignee presents the railroad receipt to the 
agent of the railroad that delivers such freight such agent shall 
deliver the articles shipped upon payment of the rate charged 
for the class of freight mentioned in the receipt. If any railroad 
company shall violate the provisions of this statute not other- violation of pro 
wise provided for such railroad company shall incur a penalty of Jtatute unlawful. 
one hundred dollars for each violation, to be recovered by the Penalt y- 
party injured. 

Sec. 18. That every officer, agent or employee of any railroad officers refusing 
company, express or telegraph company who shall wilfully neg- make g report g tC> 
lect or refuse to make and furnish any report required by the 
commission for the purpose of this act, or who shall wilfully or 
unlawfully hinder, delay or obstruct said commission in the dis- 
charge of the duties hereby imposed upon them, shall torfeit and 
pay five hundred dollars for each offense, to be recovered in an 
action in the name of the state. A delay of ten days to make 
and furnish such report shall raise the presumption that the 
same was willful. 

Sec. 19. A railroad corporation which has established and main- stations estab- 

, . -, j, .. .,,-,, .j lished for one 

tamed for a year a passenger station or rreight depot at a point yea r shall not be 
upon its road shall not abandon such station or depot nor sub- abandoned - 
stamtially diminish the accommodation furnished by the stop- 
ping of trains except by consent of a majority of the commission. 

Sec 20. A railroad corporation may relocate passenger or Relocation of 
freight depots with the approval in writing of the commission. 

Sec 21. All common carriers subject to the provisions of this Discrimination of 
act shall according to their powers afford all reasonable, proper nec^ng'iines 11 
and equal facilities for the interchange of traffic between their prohibited, 
respective lines and for the forwarding and delivering of passen- 
gers and freights to and from their several lines and those con- 
necting therewith and shall not discriminate in their rates and 
charges against such connecting lines and connecting lines shall 
be required to make as close connection as practicable for the 
convenience of the traveling public. And said common carriers 
shall obey all rules and regulations made by said commission re- 
lating to trackage. Any violation of the provisions of this sec- 
tion shall be punished by a fine of not less than five hundred 
dollars or exceeding five thousand dollars for each and every 
offense. 



14 



CORPORATION COMMISSION ACT. 



municipalities or 
for other purposes 



Ma\ handle prop- Sec. 22. That nothing in this act shall prevent the carriage, 
states or stateo? storage or handling of property free or at reduced rates for the 
United States, state or municipal governments or for charita- 
ble or educational purposes or for any corporation or association 
incorporated for the preservation and adornment of any historic 
spot, or to the employees or officers of such company or associa- 
tion while travelling in the performance of their duties, provided 
they shall not travel further than ten miles one way on any one 
trip free of charge, or to or from fairs or exhibitions for exhibi- 
tion thereat, or the free carriage of destitute and homeless per- 
sons transported by charitable societies and the necessary agents 
employed in such transportation, or the free transportation of 
persons travelling in the interest of orphan asylums ©r homes for 
the aged and infirm or any department thereof, or officers of the 
geological survey while attending to the duties of this office, or 
ex-Confederate soldiers attending annual reunion, or the issuance 
of mileage, excursion or commutation passenger tickets; noth- 
ing in this act shall be construed to prohibit any common 
carrier from giving reduced rates to ministers of religion or to 
municipal governments for the transportation of indigent persons 
or to inmates of national homes or state homes for disabled volun- 
teer soldiers and of soldiers' and sailors' orphan homes, including 
those about to enter and those returning home after discharge un- 
der arrangements with the boards of managers of said homes; 
nothing in this act shall be construed to prevent railroads from 
giving free carriage to their own officers and employees and mem- 
bers of their families, or to prevent the principal officers of any 
railroad company or companies from exchanging passes or tickets 
with other railroad companies for their officers or employees; and 
nothing in this act contained shall in any way abridge or alter 
the remedies now existing at common law or by statute, but the 
previsions of this act are in addition to such remedies: Provided, 
that the commission shall have power to suspend any or all the 
provisions of th^s section after thirty uays' notice to any com- 
Commi.=sioners pany. The commissioners and their clerks shall be transported 
and clerks may be free of c h arge over a n railroads and railroad trains in this state 

tra imported free ° 

when travelling on omcial business. 
Additional penal- Sec. 23. That any railroad or other company or corporation 
regulatSn^ofQ)?- which violates any of the provisions of this act or refuses to cor- 
poration Commis- f orm ^ or bey any rule, order or regulation of North Carolira 
Corporation Commission shall, in addition to the other penalties 
prescribed in this act, forfeit and pay the sum of five hundred 
dollars for each offense, to be recovered in an action to be insti- 
tuted in the superior court of Wake County in the name of the 
state of North Carolina on the relation of the North Carolina 
Corporation Commission, and each day such company or corpo- 
ration continues to violate any provision of this act or continues 
to refuse to obey or perform any rule, order or regulation pre- 



Free carriage to 
officers, etc., 
permitted. 



Proviso. 



N. C. CORPORATION COMMISSION. 15 

scribed by said North Carolina Corporation Commission shall be 
a separate offense. 

Sec. 24. The commission may investigate the causes of any ac- investigation of 
cident on a railroad resulting in the loss of life, and of any acci accid eats. 
dent not so resulting which they may deem to require investiga- 
tion. 

Sec. 25. Whenever any company or corporation embraced in Controversy be- 

,, . , , , tween companies 

this act has a controversy or controversies with another such submitted to 

company or corporation or person or persons, and all the parties commission. 

to such controversy agree in writing to submit such controversy 

to the commission aforesaid as arbitrators, said commission shall 

act as such, and after due notice to all parties interested shall 

proceed to hear the same, and their award shall be final. Said 

award in cases where land or an interest in land is concerned 

shall immediately be certified to the clerk of the superior court 

of the county in which said land is situated and shall by such 

clerk be docketed in the judgment docket for said county, and 

from such docketing shall be a judgment of the superior court 

for such county. Before such arbitrators parties may appear in 

person or by attorney. 

Sec. 26. That in all cases under the provisions of this act the Rules of evidence, 
rules of evidence shall be the same as in civil actions, except as 
provided by this act. All fines recovered under the provisions 

of this act shall be paid into the state treasury to be used for Fines, how 

applied, 
such purposes as the general assembly may provide. The reme- 
dies hereby given the persons injured shall be regarded as cumu- 
lative to the remedies now given or may be given by law against 
railroad corporations, and this act shall not be construed as re- 
pealing any statute giving such remedies. 

Sec. 27. That it shall be the duty of the commission herein Commission shall 
provided for to make to the governor annual reports of the trans- reports to general 
actions of their office and to recommend from time to time such assembl y- 
legislation as it may deem advisable under the provisions of this 
act, and the governor shall have one thousand copies of such re- 
port printed for distribution. 

Sec. 28. That the fiscal year to which all reports shall be made Fiscal year to 
which may be required of any railroad or transportation com- JjJJjJ reports 
pany by the commission under this act shall be the thirtieth of 
June as now fixed by law by the interestate commission of the 
United States: Provided, that from all decisions or determina- 
tions arising under the operation or enforcement of this act the 
party or corporation affected thereby shall be entitled to appeal 
therefrom as provided in section seven of this act and when no 
exception is made to the facts as found by the commission then 
the appeal shall be taken direct to the supreme court. 

Sec. 29. That any two of said North Carolina Corporation Qujrum . 
Commission shall constitute a quorum for the transaction of 
business, and the chairman of said commission is hereby author- 



16 CORPORATION COMMISSION ACT. 

ized and empowered to perform the duties and exercise the pow- 
ers conferred by this act as to banking and building and loan as- 
sociations: Provided, nothing herein contained shall prevent the 
other members of said commission from acting with said chair- 
man in all of said matters, 
officers of com- g EC> 39. That said North Carolina Corporation Commission 

mission. * 

shall use and occupy the offices and rooms lately occupied by the 
board of railroad commissioners in the city of Raleigh, and they 
shall keep their office open for the transaction of business at all 
times, and it shall be the duty of the chairman of said commis- 
sion and each of said commissioners to remain in said office at 
least fifteen days in each month, unless said commissioners are 
detained from said office on official business connected with the 
duties of the office, 
salary of chair- Sec. 31. That the salary of the chairman of the said commis- 

niart andcommis . . .. ,, ,, , . ,_ ..,,,*. 

sioners. sion and of the other two members of the commission shall be 

two thousand dollars per annum, payable monthly by the pub- 
lic treasurer on the warrant of the auditor, and they may 
elect and appoint a clerk, who shall be an expert accountant, ex- 
perienced in railroad statistics and transportation rates, whose 
salary shall be one thousand five hundred dollars, which shall be 
paid monthly on the warrant of the auditor out 01 any funds not 
otherwise appropriated. The office of said commission shall be 
kept in Raleigh, and they shall be furnished with an office, nec- 
essary furniture and stationery, postage, lights, fire and servant, 
which shall be paid for by the public treasurer on the warrant 
of the auditor. Any one of said commissioners shall have power 
to administer an oath of affirmation in any and all matters relat- 
ing to their official duties. The general assembly shall designate 
the chairman of said commission, and in the event 01 the vacancy 
or the absence of the chairman the commissioners shall fill the 
vacancy pro tern. 
Fxpenses of com Sec. 32. That all the expenses of the commission except as 
mission. hereinbefore provided, including all necessary expenses for trans- 

portation incurred by the commissioners or by their employees 
under their orders in making any investigation, or upon official 
business, or for any other purposes necessary for carrying out the 
provisions of this act, shall be allowed, and the auditor shall issue 
his warrant upon presentation of itemized vouchers therefor ap- 
proved by the chairman of the commission: Provided, that the 
expenses allowed under this section snail not exceed three thous- 
and six hundred dollars annually: And provided further, when- 
ever by reason of extraordinary efficiency or fitness that may be 
required to discharge the duties of the office of the clerk properly, 
efficiently and satisfactorily to the commissioners, and the amount 
provided for in section thirty-one of this act should be inadequate 
to obtain this service, the commissioners may allow and pay to the 
clerk of said commission out of the remainder of said furd an 



"°rth Carolina **• Library 






N. C. CORPORATION COMMISSION. 17 

extra allowance above his regular salary in such manner as in 
their judgment they may deem expedient: Provided, that the 
amount expended under this act shall not exceed three hundred 
dollars. 

Sec. 33. That all license fees and seal tax paid into the office of License fees and 
the North Carolina Corporation Commission shall be turned into 
the state treasury; also [any] and all moneys received from fines 
and penalties. 

Sec. 34. That said North Carolina Corporation Commission Record of receipts 
shall keep a record showing in detail all receipts and disburse- JJeatsf 
ments. 

Sec. 35. That this act shall be in force from and after the fifth 
day of April, eighteen hundred and ninety-nine. 

Ratified the 6th day of March, A. D., 1899. 



** : 



Aqk*k$ 



INDEX CORPORATION COMMISSION ACT. 



Sec. 
Accidents— Commissioners may investigate. 24 
Advantage or preference, undue or unrea- 
sonable, forbidden 13 

Advancement of cases on docket 7 

Action— limitation as to time of bringing 16 

Agreements and contracts to be submitted 

to the Commission 6 

not approved by Commission a violation, 6 

Appeal — right of given 7-28 

notice of . 7 

undertaking on 7 

to Supreme Court 28 

heard in chambers by consent 7 

to have precedence and how tried 7 

Arbitration— of controversies by Commis- 
sion 25 

Attorney-General — to prosecute for recovery 
of undertaking on appeal to the Su- 
preme Court 7 

fees of, for services 7-15 

Commission to present facts of violation 

of Act to 8 

to represent Commission before Inter- 
state Commission 14, 15 

Auditor of State— relieved from supervision 

of building and loan associations 2 

turn over book to Corporation Commis- 
sion 4 

Award — of arbitration by Commission to be 

docketed and have force of judgment— 25 

Baggage, proper handling of 2 

Banks— supervision of Commission 1, 2 

chairman may act for Commission 29 

Books and papers— Commissioners may ex- 
amine 1,9,10 

Building and L,oan Associations, supervision 

of 1,2 

Auditor relieved from 2 

Canal companies, supervision of 1,2 

Cars, separate for the races 11 

Chambers — appeal heard in by consent 7 

Chairman of Corporation Commission — Gen- 
eral Assembly to designate 31 

Clerk — Commission may appoint 31 

salary of .._- 31 

qualifications of 31 

fees allowed 7 

certificate of schedules 7 

to serve notices 9 

Commission a Court of Record 7 

Commissioners— elected by General Assem- 
bly 1 

General Assembly to designate Chair- 
man 31 

term of office 1 

vacancies, how filled 1-31 



Sec. 



Commissioners— continued. 

oath of office of—- 1 

who eligible to election 

Commissioners— salary of 

term of office 

oath of 

free transportation 

shall remain in office fifteen days in 

month 

authorized to administer oaths 

may employ clerk . .... 

may administer oaths 

may subpoena witness 

may examine books and papers 1, 

expenses of, how paid 

to make annual report 

to make rates of freight and passenger 

tariffs " _ 

to prevent giving rebates 

to investigate interstate rates 

to transmit record on appeal 

contracts between railroads to be sub- 
mitted to 

division of earnings to be submitted to~ 
to make rules and regulations as to con- 
tracts 

to notify corporations of violation of Act 
to notify in writing, for repairs, etc., of 

stations 

separate apartments for white and ne- 
groes 

may suspend section 25 of this Act 

to make rates for express and telegraph 

companies ..... 

ma y investigate railroad accidents 

may arbitrate causes and make awards.. 

to publish rates of railroads ._ 

to investigate books and papers — 1, 

empowered to examine officers under 

oath 

Common Carriers— to afford facilities for in- 
terchange of traffic 

charging for transportation a greater 
compensation from one person than 

another 

Common law remedy not abridged 

Connecting lines to make close connection __ 

Contempt „_ 

Contract between railroads to be submitted 

to Commissioners 

rules and regulations as to contracts be- 
between railroads 

Con tro> ersies, must be submitted 

Court of Record— Commission made a 

Cumulative remedies 

Damages — exemplary 



30 
3i 
3i 
3i 
9 
9, 10 
32 
27 

7 

2-15 

14 

7 

6 
6 

6 
8 



11 
22 

1,2 

24 
25 

7 
9, 10 



13 
22 
21 
9 

2,6 

6 
25 

26 
]6 



INDEX TO LAWS CREATING THE COMMISSION 



19 



Sec. 



Delivery of freight— railroad companies to— 17 
Depots— erection, etc., separate waiting 

rooms for the races 2 

not to be abandoned 19 

relocated, when 20 

Discrimination— penalty for unjust 13 

to prevent 2,21 

Distances— unlawful to charge more for a 

shorter than a longer 14 

special cases on application to the Com- 
mission 14 

Division of earnings to be submitted 6 

Duplicate of freight receipts to be given 17 

Duplicate freight receipts— what contain 17 

Evidence— rules of, to be observed 26 

Extortion— by railroad 12 

Express Companies— rates for, to be made 

by Commission 1-2 

Exceptions— to be filed on appeal , 7 

Excursion rates 7 

Expenses— of Commission, how paid 32 

other expenses 32 

Exemplary Damages— suits to be brought 

within 7 

Fines— payable into State Treasury— 13, 15, 

23, 26, 33 

sheriffs fined for failure to serve process. 9 

Fiscal year 28 

Freight— rates 13 

interstate rates 14 

duplicate receipts for 17 

delivery of 17 

Commission to make tariff 2-7 

unlawful to charge more for a shorter 

than a longer distance 14 

Freight Receipts— duplicate to be given 17 

Free or reduced rales— to 22 

Free carriage to own officers 22 

General Assembly to elect Commissioners.. 1 

to designate Chairman 31 

members of, ineligible 1 

Governor — Commission to make report to.. . 27 

Ineligible as Commissioners — who 1 

Injunction — no Judge to grant, unless 7 

how vacated 7 

Interchange of traffic to afford facilities for. 21 
Interstate Commerce Commission — com- 
plaints brought to attention of 14 

Interstate transportation of freight 14 

Injury action by person injured 16 

Interchange of passes 22 

Judgment— vacated on filing undertakingon 

appeal 7 

revival of 7 

limitations — as to time of bringing ac- 
tions 16 

Long and short haul 14 

Manufacturing — special rates for develop- 
ing 14 

Mileage tickets 22 

Notice — how served 9,10 



Sec. 



15 



Notice of appeal 

Oath — of Commissioners- 

Commissioners may administer 

to examine officers under 

Office — term of 

to be in Raleigh 

Officers— railroads carrying own officers free 

overload 

Parties— may appear before Commission by 

attorney 

Passenger tariff- Commissioners to make- 
Passes and free transportation to officers and 

employees 

railroads may interchange 

Penalty action for recovery of 

for extortion by railroad 12 

for unjust discrimination 13 

for giving undue preference 13 

for violation of rules 15 

for failure to deliver freight . 17 

for failure of officers of railroads to make 

reports. 18 

for failure to obey order to repair, change 

or build stations . 2 

for failure to comply with order for sep- 
arate apartments for whites and ne- 
groes _, 11 

for failure to obey order for close connec- 
tion 21 

for failure to obey rules relating to track- 
age — 21 

for failure to appear before Commission 

when summoned ]o 

Precedence — appeal from Commission to 

Court to have 7 

Preference or advantage, undue or unrea 

sonable, forbidden 13 

Prima facie evidence in 7 

Process— served by sheriffs 9 

Qualifications for Commissioners 1 

Quorum „ 29 

"Railroad companies" — to file schedule of 
rates with Board of Railroad Commis- 
sioners 7 

charging unreasonable rates guilty of 

extortion 12 

failing to make recompense 15 

to give duplicate freight receipts __ _ 17 

to make annual reports 27 

guilty of unjust discrimination 13 

unlawful for, to give undue preference— 13 

to post schedules at stations 7 

not to abandon stations 19 

Railroad Commission a Court of Record 7 

Rates — freight and passenger tariff 2 

interstate freight 14 

special for developing resources 14 

Rates— special, excursion 14 

schedule of all rates to be filed with Rail- 
road Commissioners 7 

reduced for certain persons 22 



20 



INDEX TO LAWS CREATING THE COMMISSION. 



Sec. 
Rates — con tinued. 

Commission to make rates for trans- 
portation of freight and passengers— 7 
reduced or free for State or United 

States 22 

Commission to make.. 7 

Commission to publish 7 

schedule to be published ,, 7 

to remain until reversed on appeal 7 

Rebate— to prevent giving . 2-13 

Reasonable rates — schedule prima facie 7 

Receipts— railroads to give duplicate, for 

freight 17 

Reduced rates to certain persons 22 

Record — Commission to transmit, on appeal 7 

Recompense— failure to make ] 5 

Reimbursement of shippers 7 

Refunding to shippers— overpaid freight to 

be iefunded 7 

Reports — failure to make, penalty 18 

Commissioners to make annual 27 

one thousand copies to be printed 27 

railroad companies to make annually-.. 22 

fiscal year 28 

Remedies cumulative 26 

no statute repealed 13,26 

Returns— for assessment and taxation to be 

made 2 

Rules— Commission to make, as to contracts 

between railroad companies 6 

action by person injured by railroad 

violating 16 

of evidence 26 

of practice 

of trackage , 21 

penalties against company for viola- 
ting _ — ... 15 

Rooms of 30 

Salaries— of Commissioners 31 

of Clerk 31 

Schedules — Commissioners to change and 

revise 7 

railroads to post at stations 7 

of rates to be published 7 

prima facie evidence, etc 7 

change of 7 

Seal Tax 33 

Separate cars— Commission may require 1 1 

Sheriffs— to serve process 9,10 

fees of, for services 9 

fined for failure to serve process 9 

Sidetracks — construction 22 

Shippers— to be refunded overpaid freight— 7 

reimbursed by State Treasurer 7 

Sleeping-car companies 1,2 

Solicitor — to prosecute fo. recovery of under- 
taking 7 

to prosecute 15 



Sec 
Solicitor— continued. 

fees of, for services 15 

Special rates for development of manufac- 
turing,* etc 14 

State— property of, may be carried free or at 

reduced rates 22 

Stations— repairs and changes of 2 

not to be abandoned without consent 19 

relocated by consent 20 

separate apartments for white and ne 

groes X j 

Statute— giving remedy against railroad not 

repealed 2 6 

remedy by, not abridged 22 

appeal direct to 28 

Steamboat Companies 2 

steamboats . 14 

Subpoena — how served 9,10 

misdemeanor not to appear when sum- f* 

moned, etc 10 

Supreme Court— appeal to 28 

Suspen sion from office by Governor 1 

Tariffs — Commission to make rates 7, 13 

what to consider in making 2 

Term of office of Commissioners 1 

Telegraph companies — rates for, to be made 

by Commission 1, 2 

Telephone companies ^_„_ 1, 2 

Tickets — mileage 22 

railroads may interchange 22 

Title of cause 7 

Trackaee— rules regarding, to be observed.. 21 
Treasurer, State, relieved from supervision 

ofbanks ._ 2 

shall turn overbooks 3 

Undertaking— on appeal 7 

Attorney-General to prosecute, when 7 

suit to recover 7 

condition of, in injunction proceedings. 7 

when additional required 7 

action on 7 

application of recovery of 7 

Undue preference — unlawful 13 

United States— property of, may be carried 

free or at reduced rates 22 

Unjust discrimination carrier charging 
greater or less compensation to one 

person than another 13 

Vacancies — how filled .... . 1,31 

Valuation — me' hod of. for railroad property. 20 
Violation of Ac — Commission to give notice 

to c rpoiation, etc 8 

Witnesses — Commission may subpoena 1,9,10 

fees of, and how paid 9 

failure to attend when subpoenaed 9 

punishment for contempt 9 



flcts Relatiog to Commission. 



CHAPTER 384, LAWS 1899. 
An act to promote the comfort of travelers on railroad trains and for other purposes. 

The General Assembly of North Carolina do enact: 

Section 1. That all railroad companies and steamboat companies engaged as 
common carriers in the transportation of passengers for hire in the state of 
North Carolina other than street railways shall provide separate but equal ac- 
commodations for the white and colored races on all passenger trains and steam- 
boats carrying passengers. Such accommodations may be furnished by railroad 
companies either by separate passenger cars or by compartments in passenger 
cars, which shall be provided by the railroads under the supervision and direc- 
tion of the Board of Railroad Commissioners or the officers succeeding to their 
powers: Provided, that this shall not apply to relief trains in cases of accident, 
to Pullman or sleeping-cars or through express trains that do not stop at all 
stations and are not used ordinarily for traveling from station to station, to 
negro servants in attendance on their employers, to officers or guards transport- 
ing prisoners, nor to prisoners so transported. 

Sec. 2. The Railroad Commissioners of this state, or the officers succeeding to 
their powers, are hereby authorized to exempt from the provisions of this act 
branch lines and narrow-guage railways, if in their judgment the enforcement of 
this act bo unnecessary to secure the comfort of passengers by reason of the 
light, volume of passenger traffic or the small number of colored passenger trav- 
elers on such narrow-guage or branch lines. 

Sec. S. That when any coach or compartment of a car for either race shall be 
completely filled at a station where no extra coach or car can be had and the in- 
creased number of passengers could not be foreseen, the conductor in charge of 
such train is hereby authorized to assign and set apart a portion of a car or 
compartment assigned for passengers of one race to passengers of the other race. 

Sec 4. That all railroad companies shall furnish first and second-class passen- 
ger accommodations. 

Sec 5. That any railroad company failing to comply in good faith with the 
provisions of this act shall be liable to a penalty of $100.00 per day, to be recov- 
ered in an action brought against such company by any passenger on any train 
or boat of any railroad or steamboat company which is required by this act to 
furnish separate accommodations to the races, who has been furnished accom- 
modations on such railroad train or steamboat in only a car or compartment 
with a person of a different race in violation of the provisions of this act. 

Sec 6. This act shall be in force from and after its ratification. 

Ratified the 4th day of March, A. D., 1899. 



22 N. C. CORPORATION COMMISSION. 

An act to amend chapter forty-nine of The Code. 

The General Assembly of North Carolina do enact: 

Section 1. That the Board of Railroad Commissioners of North Carolina are 
hereby empowered, whenever it shall appear wise and proper so to do, to author- 
ize, allow and permit any railroad company operating in this state to run one 
or more fast mail trains over its road which shall only stop at such stations on 
the line of the road as may be designated by the company: Provided, that in 
addition to such fast mail train said railroad shall run at least one passenger 
train in each direction over its road on every day except Sunday, which shall 
stop at every station on the road at which passengers may wish to be taken up 
or put off: Provided, nothing in this act shall be construed to authorize an:/ 
company, persons or corporations to run any trains over the Petersburg Rail- 
road between Weldon and the state line after the expiration of the extension of 
the charter granted to that company by this state in one thousand eight hundred 
and ninety-one, unless and until the charter of said Petersburg Railroad shall 
be renewed by this general assembly: Provided further, that nothing in this 
act shall be construed as preventing the running of local passenger trains on 
Sunday. 

Sec. 2. That this act shall be in force from and after its ratification. 

Ratified the 9th day of February, A. D., 1893. 



An act in regard to the delivery of freight. 



The General Assembly of North Carolina do enact: 

Section 1. That whenever any goods, articles of freight of any kind shall be 
received by any common carrier in this state to be delivered to any consignee in 
this state, and a portion of the same shall not have been received at the place of 
destination, it shall not be lawful for the carrier to demand any part of the 
charges for freight or transportation due for such portion of the shipment as 
shall not have reached the place of destination. The carrier shall be required 
to deliver to the consignee such portion of the consignment as shall have been 
received upon the payment or tender of the freight charges due upon such por- 
tion. But nothing in this act shall be construed as interfering with or depriv- 
ing a consignor, or other person having authority, to his rights of stoppage in 
transitu. 

Sec. 2. The Railroad Commissioners shall enforce the enforcement of the pro- 
visions of this act by appropriate regulations, and this act shall be in force from 
and after its ratification. 

Ratified the 6th day of March, A. D., 1893. 



ACTS RELATING TO COMMISSION 23 

An act to amend section one thousand nine hundred and fifty-nine of The Code, requiring 
railroad companies to render annual reports to the governor of operations for the 
year. 

The General Assembly of North Carolina do enact: 

Section 1. That section one thousand nine hundred and fifty-nine of The Code 
be and the same is hereby amended by adding the following at the end of said 
section: "Provided, that if the report herein mentioned shall be made to the 
Board of Railroad Commissioners instead of the governor, it shall be deemed a 
sufficient compliance with the requirements of this section." 

Sec. 2. That this act shall be in force from and after its ratification. 

Ratified the 14th day of February, A. D., 1893. 



CHAPTER 155, LAWS 1891, AS AMENDED BY CHAPTER 478, LAWS 1893. 

An act to require banks, banking institutions and bankers within the state of North Caro- 
lina to make stated reports to the state treasurer. 

The General Assembly of North Carolina do enact: 

Section 1. That all joint companies now organized, or that may hereafter be 
organized under the laws of this state for the purpose of conducting a banking 
business, whether savings or general, and all private banks and bankers that 
solicit or receive deposits, shall be required to make to the state treasurer 
statements of their financial condition at such times identically as the national 
banks organized under the laws of the United States are required to make their 
statement to the comptroller of the currency, and also to publish such statements 
in condensed form, as published by said national banks, in some newspaper 
printed in the city or town where such banking business may be carried on, and 
if none there, then in a newspaper published in a town nearest thereto. Said 
statement shall be made in accordance with the form to be prescribed by the 
state treasurer and shall be certified under oath by the president or cashier of 
the bank and attested by at least three of the directors of the bank. And in 
the case of private banks and bankers as herein set forth, shall be certified 
under oath by the president, manager or individual conducting said private 
bank, or the owner, manager or individual banker aforesaid. It shall be the 
duty of the state treasurer to call upon the banks, banking institution and 
bankers aforesaid for the statement hereinbefore mentioned, and at the times 
prescribed, and to have prepared such blank forms as may be necessary to carry 
out the provisions of this act. Whenever calls for statements are made by the 
state treasurer he shall forward to each bank, banking institution and banker 
in the state two blank statements, one copy of which, after being properly filled 
out and certified to by the bank, banking institution or banker to which it is 
sent, shall be returned to the state treasurer within ten days next succeeding the 
date of such call, and the other copy, filled up in like manner, shall be filed in 
the office of said bank, banking institution or banker as aforesaid; and it shall 
be the duty of the state treasurer to appoint some one to make special examina- 



24 N. C CORPORATION COMMISSION. 

tion in person into the condition, affairs and business of such banks, banking 
institutions and bankers as aforesaid, and in doing so> to examine any of the 
officers, managers, individuals or agents thereof ,and inspect all books and 
papers; who shall make a full and detailed report of the condition of said bank, 
banking institution or banker to the state treasurer, "And if upon such report 
it shall appear that the condition of any bank, banking institution or banker is 
precarious, or in any way unsatisfactory, it shall be the duty of the said treas- 
urer to give notice to such bank, banking institution or banker to correct any 
errors or irregularities, and make good any deficiencies or losses shown in such 
reports or otherwise, within thirty, sixty or ninety days, in his discretion, and 
at the end of such period the said treasurer shall order a special examination to 
be conducted, paid for and reported in like manner as regular examinations;" 
and if upon said report it shall appear to the state treasurer that any bank, bank- 
ing institution or banker is insolvent or in imminent danger of insolvency, or is 
guilty of fraud, fraudulent practices or concealments, then said treasurer shall 
institute proceedings in the. superior court of Wake County for the purpose of 
winding up and settling the affairs of the said bank, banking institution or 
banker and for the appointment of a receiver thereof according to law; such 
examinations to be made annually, at times unknown to any person except the 
state treasurer and the said examiner, and such examiner shall receive compen- 
sation for such examination as follows: for examining banks or banking institu- 
tions, savings or general, having a capital stock of twenty-five thousand dollars 
or less, fifteen dollars; those having a capital stock of more than twenty-five 
thousand dollars and not over fifty thousand dollars, twenty-five dollars; and 
those having a capital stock of over fifty thousand dollars, thirty dollars. Such 
banking institutions and private bankers as aforesaid having no capital or stock 
shall pay ten dollrs, and the said fees or compensation to the examiner shall be 
paid by the said banks, banking institutions or bankers whose condition, affairs 
and business is so examined, to the state treasurer within thirty days after such 
examination, to be by him paid to the examiners, which fee or compensation 
shall be kept in a separate account by the state treasurer and not as a part of 
the general account. All expenses incurred in making such examinations and 
reports shall be borne by the bank, banking institution or banker so examined 
and paid directly to said examiner. 

Sec. 2. Any bank, banking institution or bank[er] failing to comply with the 
provisions of this act for a period longer than ten days, after being called upon 
by the state treasurer for a statement, shall be subject to a fine of two hundred 
and fifty dollars, to be recovered by motion in the superior court of Wake 
County, and should failure to render such statement continue for thirty days 
next succeeding said call from the state treasurer, then the said bank, banking 
institution or banker so in default shall be subject to a fine of one thousand dol- 
lars additional, collectible in like manner: and the state treasurer shall give 
notice of such default in a newspaper published and located as prescribed in the 
preceding section of this act; and it shall be the duty of the state treasurer to 
institute proceedings for the recovery of said fines in the said superior court of 
Wake County upon any failure to render said statement. And the officer of any 
bank or banking institution, or the owner, manager or individual banker afore- 
said who knowingly makes a false statement of the condition of his bank shall 



ACTS RELATING TO COMMISSION. 25 

"be deemed guilty of felony, and upon conviction shall be fined not less than one 
hundred dollars and imprisoned in the penitentiary not less than one nor more 
than five years. 

Sec. 3. That chapter one hundred and seventy-five of the laws of eighteen 
hundred and eighty-seven, and chapter four hundred and fifty-three of the laws 
of eighteen hundred and eighty-nine, and all other laws in conflict with this act 
:are hereby repealed. 

Sec. 4. This act shall be in force from and after its ratification. 

Ratified the 25th day of February, A. D., 1891. 

The North Carolina Corporation Commission is empowered and directed to 
perform all the duties and exercise all the powers as to banks and banking im- 
posed or conferred upon the state treasurer by the foregoing acts and the power 
of the treasurer to perform such duties is revoked. (See act hereinbefore men- 
tioned, An act to establish the North Carolina Corporation Commission, section 
2, sub-sections 16 and 17.) 

For act regulating incorporation of savings banks, see chapter 412, Laws 1887. 
-and amended by chapter 221, Laws 1891. 



CHAPTER 298, LAWS OF 1897. 

An act to regulate the liability of stockholders in banks chartered by the state and to 
forbid the lending of more than ten per cent of the capital of such bank to one person 
or corporation. 

The General Assembly of North Carolina do enact: 

Section 1. The stockholders of every bank or banking association now oper- 
ating by virtue of any charter or law of North Carolina or that may hereafter 
operate by virtue of any charter or law of North Carolina shall be held individ- 
ually responsible equally and ratably and not one for another for all contracts, 
debts and agreements of such association to the extent of the amounts of their 
stock therein at the par value thereof in addition to the amount invested in 
such share. 

Sec. 2. That any such exemption from such liability contained in any bank 
charter heretofore granted by the General Assembly of North Carolina is hereby 
repealed. 

Sec. 3. The total liabilities to any bank or banking association now operating 
"by virtue of any charter or law of North Carolina or that may hereafter operate 
"by virtue of any charter or law of North Carolina of any person or of any com- 
pany, corporation or firm for money borrowed, including in the liabilities of a 
company or firm the liabilities of the several members thereof, shall at no 
time exceed one-tenth part of the amount of the capital stock of such bank or 
"banking association actually paid in. But the discount of bills of exchange 
drawn in good faith against actually existing values and the discount of com- 
mercial or business paper actually owned by the person negotiating the same 
shall not be considered as money borrowed: Provided, this section shall not 
apply to banks with a paid up capital of one hundred thousand dollars or less. 

Sec. 4. This act shall be in force from and after its ratification. 

Batified the 6th day of March, A. D., 1897. 



Chap. VII, Vol. II of The Code as Amended, Re- 
lating to Building and Loar) Associatior>s. 



Sec. 2294. Associations authorized ; deposit with clerk of superior court copy of arti- 
cles and pay tax. l869-'70, c. 129, s. I. 

It shall be lawful for any individuals or persons in any city or county in this 
state, under any name by them to be assumed, to associate for the purpose of 
organizing and establishing homestead and building associations, and being so 
associated shall, on complying with this chapter, be a body politic and corpor- 
ate, and as such shall be capable in law to hold and dispose of property, both- 
real and personal, may have and use a common seal, may choose a presiding 
and other officers, may enact by-laws for the regulation of the affairs of such 
corporation, and compel the due observance of the same by fines and penalties, 
may sue and be sued, plead and be impleaded, answer and be answered in any 
court in this state, and do all acts necessary for tne well ordering and good gov- 
ernment of the affairs of such corporation, and shall exercise all and singular 
the powers incident to bodies politic or corporate: Provided, that before any 
such corporation shall be entitled to the privileges of this chapter, they shall 
lodge with the clerk of the superior court of the county where such corporation 
is designed to act, a copy of the articles of association of such corporation, 
signed by at least seven members and certified by the secretary thereof, to be 
recorded in the office of such clerk, and shall pay a tax of twenty-five dollars to 
said clerk, which tax shall be paid over by the clerk to the treasurer of the 
county, to the use of the school fund of the county. 

Smith v. B. & L. Asso., 73—372; Buie v. B. & L. Asso., 74—117; Mills v. B. & 
L. Asso., 75—292; Hanner v. B. & L. Asso., 78—188; Overby v. B. & L. Asso., 
81—56; Haskins v. B. & L. Asso., 84—838. 

Sec. 2295. Alterations in articles to be certified and recorded. 1 869-'70, c. 1 29. s. 2. 

Any addition, alteration or amendment of, the articles of association of any 
such corporation shall be signed, certified and recorded as is provided in the 
preceding section of this chapter. 

Sec. 2296. Number of shares, etc. l869-'70, c. 129, s. 3. 

Any corporation created under and by virtue of this chapter, shall have power 
to declare in their articles of association the number of shares of which the cap- 
ital stock of such corporation shall consist, the par value of the same, to limit 
the number which each stockholder may be allowed to hold, to prescribe the 
entrance fee to be paid by each stockholder at the time of subscribing, to 
regulate the instalments to be paid on each share, and the times at which the 
same shall be paid and payable. 



ACTS RELATING TO B. AND L. ASSOCIATIONS. 27 

Sec. 2297 May compel payment of dues. 1869-70, c. 129, s. 4. 

Any such corporation shall have power to issue to each member of such cor- 
poration a certificate of the shares of stock held by him, and to enforce the pay- 
ment of all instalments and other dues due to said corporation from the mem- 
bers or stockholders by such fines and forfeitures as the corporation may, from 
time to time, provide in the by-laws or articles of association of such corporation. 

Sec. 2298. New members to pay sum sufficient to put them on same footing with origi- 
nal members; may make additional class or classes. l869-'70, c. 129, s. 5. 
l874-'5, c. 78. 

Any person applying for membership or stock in any such corporation after 
the end of a month from the date of its incorporation, may be required to pay, 
on subscribing, such sums or assessments as may from time to time be fixed, 
and assessed in manner as may be provided by said corporation, in order to 
place such new member or stockholder on like footing with the original mem- 
bers and others holding stock at the time of such application: Provided, that 
any association that has been or may be organized under this chapter shall be au- 
thorized and empowered to establish one or more additional class or classes of 
shares, under such rules, regulations and restrictions for issuing, paying and re- 
deeming the same as to them shall appear expedient and proper, not inconsistent 
with this chapter, or laws of the state. 

Sec. 2299. May make advances to members. 1869- 70, c. 129, s. 6 1881, c. 365. 

It shall be lawful for any such corporation at any time in advance of the time 
at which such corporation shall cease to exist, according to the plan contained 
in the articles of association thereof, to advance to any member thereof for such 
premium as may be agreed upon, the sum which he would be entitled to receive 
upon the dissolution thereof, for any number of shares therein held by him, or 
to purchase from any member the share or shares of stock held by him at such 
price or sum as, according to the articles of association, such member may agree 
to receive, and on payment of said sum of money, to receive from such member 
security as is hereinafter mentioned for the payment by such members to said 
corporation of the unpaid instalments, to be paid on the share or shares of stock 
so sold or redeemed, together with interest at the rate of six per cent per an- 
num, on the sum of money so paid or advanced to such member at such times, 
and under and subject to such fines and penalties for non-payment thereof as 
may be prescribed by the articles of association of such corporation. 

Sec. 2300. Loans secured by mortgage ; proviso. 1869-70, c. 129, s. 70 I870-'I, 
c. 156. 

The payment of the amount loaned and of the unpaid instalments on the 
share or shares so purchased or reedemed, with interest upon the sum of money 
paid therefor as aforesaid, at the rate heretofore mentioned, and all fines and 
penalties incurred in respect thereof by any such member, shall be secured to 
such corporation by way of mortgage on real or leasehold property, or by hy- 
pothecation of stock of such corporation held by such member as may be pro- 
vided in the articles of association of any such corporation: Provided, in case 
of hypothecation of stock, no greater sum of money shall at any time be drawn 



28 N. C CORPORATION COMMISSION. 

out by any member than shall have already been paid in by him on all his shares 
at the time of such hypothecation. 

Sec. 2300 (a). That every non-resident building and loan association doing 
business in this state shall appoint a general agent or attorney, who shall be a 
citizen and resident of this state, and file a certificate of such appointment 
with the auditor of the state, and copies of such certificates of appointment, 
certified by the said auditor, shall be received as sufficient evidence of such ap- 
pointment before any court in this state; and such certificate shall contain a 
stipulation agreeing that so long as there may be any liability on the part of 
the applicant under any contract entered into in pursuance of any law of this 
state, process may be served in the absence of the principal upon such general 
agent or attorney: Provided, that service may be made upon the auditor of the 
state, and it shall be his duty in such case to transmit at once a copy of the 
process to the home office of the association. 

Sec. 2300 (b). Every association doing business under this chapter shall file 
in the office of the auditor of the state, on or before the first day of March in each 
3 r ear, in such form as he shall prescribe, a statement of the business standing 
and financial condition of the applicant on the preceding 31st day of December, 
signed and sworn to by said principal, or by the chief managing agent, attorney 
or officer thereof, before the auditor of state, or before a commissioner of affida- 
vits of North Carolina, or before some notary public. 

Sec. 2300 (c). Every association doing business under this act shall file in the 
office of the auditor of state a copy of the charter, articles of association, or 
other statement, showing the mode in which the applicant proposes to do busi- 
ness. 

Sec 2300 (d). It shall be the duty of the auditor of state to receive and thor- 
oughly examine each annual statement required by this act, and, if made in 
compliance with the requirements of this act, to publish an abstract of the same 
in one of the newspapers of the state, to be selected by the general agent or at- 
torney making such statement, and at the expense of his principal. The auditor 
of state shall be entitled to a fee of $5, to be paid by the association filing such 
statement. 

Sec 2300 (e). That if the auditor of state shall become satisfied at any time 
that any statements made by any association licensed under this act shall be 
untrue, or in case a general agent shall fail or refuse to obey the provisions of 
this act, the auditor of state shall notify the state treasurer of such default, and 
the state treasurer shall thereupon have power to revoke and cancel such license. 

Sec 2300 (f). It shall be the duty of any person having in his possession or 
control any books, accounts or papers of any association licensed under this act 
to exhibit the same to the auditor of state on demand, and on refusing so to do, 
or knowingly or wilfully making any false statement in regard to the 
same, such person shall be deemed guilty of a misdemeanor, and upon convic- 
tion thereof shall be fined or imprisoned, or both, at the discretion of the court. 

Sec 2300 (g). Every general agent or attorney who shall fail or refuse to per- 
form any duty required of him by this act shall forfeit and pay to the auditor 
of state $50 for every such refusal, to be recovered before any justice of the peace 
at the suit of the said auditor. 

Sec 2300 (h). Any person who shall solicit or transact any business for or 



ACTS RELATING TO B AND L. ASSOCIATIONS. 29 

concerning any association not duly licensed as in this act provided shall be 
guilty of a misdemeanor, and upon conviction thereof shall be fined or impris- 
oned, or both, in the discretion of the court. 

Sec. 2. That no building and loan association shall be required to pay any 
tax or license except such as are specified in the "Act to Raise Revenue," passed 
at this session of the general assembly. 

Sec. 2300 (i). That every building and loan association doing business in this 
state shall be authorized to issue as many classes or series and kinds of stock in- 
cluding instalment and paid-up stock as may be provided for in its charter or 
by-laws. 

Sec. 2300 (j). That any member of such association who shall borrow from it 
shall have the right at any time to pay off and discharge his loan by paying 
the amount received by him including the cost and expenses of making the 
loan if the same shall have been deducted therefrom with interest at the rate of 
six per cent per annum on the whole sum received by him to the date of settle- 
ment and all premiums, fines and dues then remaining unpaid. Upon such set- 
tlement he shall be credited with only the withdrawal value as fixed by the 
charter or by-laws of such association of his shares of stock which have not 
been transferred or assigned to the association by way of or in lieu of premium 
on the loan. That in case of default by a stockholder who has borrowed from 
the association and a foreclosure of his mortgage, the amount of his indebted- 
ness to such association shall be ascertained in the manner provided by this act. 

Sec. 2300 (k). That in the settlement provided for in the foregoing sections 
no account shall be taken of the premiums paid by the borrowing member but 
the same shall be deemed the consideration of his being allowed to anticipate 
the ultimate or par value of his stock by his present use and possession thereof 
in preference to the other stockholders. 

Sec. 2300 (1). That every such association shall nave power to charge its share- 
holders upon the loans to them premiums thereon to be in gross or by instal- 
ments or on its stock or by requiring them to carry additional shares of stock 
as may be provided in its charter and by-laws. 

Sec. 2300 (m). That nothing herein contained shall prevent the associations 
from contracting with its borrowing members for the restoration or reinstate- 
ment of their stock upon such terms as may be agreed upon. 

Sec 2300 (n). That any contract made by any foreign association with any 
citizen of this state shall be deemed and considered a North Carolina contract 
and shall be [so] constructed [construed] by all the courts of this state accord- 
ing to the laws thereof. 

Sec. 2300 (o). Every such association may borrow money for the purpose of 
making loans and advances to its members. 

Sec 2300 (p). That all laws and clauses of laws in conflict with this act are 
hereby repealed only so far as they are in conflict therewith. 

Sec 2300 (q). If at any time the state auditor shall have good reason to 
think that the standing and responsibility of any building and loan association 
or company doing this business in this state of a doubtful character it shall be 
his duty to examine and investigate everything relating to the business of such 
company, and to that end he is nereby authorized to appoint a suitable and 
competent person to make such investigation who shall file with the auditor a 
full report of his finding in such case. 



30 N. C CORPORATION COMMISSION. 

Sec. 2300 (r). The expenses and cost of examination provided for in the pre- 
ceding section shall be defrayed by the company or association subjected to in- 
vestigation, and each company or association doing business in this state shall 
stipulate in writing to be filed with the state auditor that it will pay all reason- 
able cost and expenses of such examination when it shall become necessary. 

Sec. 2300 (s). It shall be unlawful for any person to solicit business or act as 
agent for any building and loan association or company in this state without 
having procured from the state auditor a certificate that such association or 
company for which he offers to act is duly licensed by the state to do business 
for the current year in which such person solicits business or offers to act as 
agent. The state auditor shall be entitled to a fee of fifty cents for issuing each 
such certificate to be paid by the company for which the same is issued. Any 
person violating this section shall be guilty of a misdemeanor. 

Note. — The power conferred on the auditor of the state in the foregoing acts 
is revoked, and all of such powers are conferred on the North Carolina Corpora- 
tion Commission by chapter 164, Laws of 1899. 



flct Constituting the Nortb Carolina Corporation 
Commission a Board of Appraisers. 



CHAPTER 15, LAWS 1899. 

Section 42. The commissioners elected from time to time under the authority 
of "An act to establish the North Carolina Corporation Commission," shall con- 
stitute a board of appraisers and assessors for railroad, telegraph, canal and 
steamboat companies. 

Sec. 43. The president, secretary, superintendent or other principal account- 
ing officer within this state of every telegraph and railroad company, whether 
incorporated by any law of this state or not, shall return to the said commis- 
sioners for assessment and taxation, verified by the oath or affirmation of the 
officer making the return, all the following-described property, belonging to such 
corporation on the first day of June of each year within this state, viz: the 
number of miles of such telegraph and railroad lines in each county in this 
state, and the total number of miles in the state, including the road-bed, right- 
of-way and superstructures thereon, main and side tracks, depot buildings and 
depot grounds, section and tool-houses, rolling stock and personal property 
necessary for the construction, repairs or successful operation of such telegraph 
and railroad lines, including also Pullman or sleeping cars owned by them or 
operated over their lines: Provided, however, that all machine and repair 
shops, general office buildings, store-houses, and also all real and personal prop- 
erty, outside of said right-of-way and depot grounds as aforesaid, of and belong- 
ing to any such railroad and telegraph companies, shall be listed for purposes of 
taxation by the principal officers or agents of such companies with ' the list- 
takers of the county where said real or personal property may be situated, in 
the manner provided by law for the listing and valuation of real and personal 
property. It shall be the duty of the list-takers, if required so to do by the said 
commissioners, to certify and send to the commissioners on or before the third 
Monday in June in each year a statement giving the description of the property 
mentioned in the foregoing proviso, and showing the assessed valuation thereof; 
the list-taker shall also, on or before the same day, send to the auditor of the 
state a like certificate of the assessed valuation and character of said property. 
The list-takers and assessors shall also certify to the commissioners the local 
rate of taxation for county purposes as soon as the same shall be determined, 
and such other information obtained in the course of the performance of the 
duties of their office as the said commissioners shall require of them, and the 
mayor of each city or town shall cause to be sent to the said commissioners the 
local rate of taxation for municipal purposes. 

Sec. 44. The movable property belonging to a railroad company shall be de- 
nominated, for the purpose of taxation, "rolling stock." Every person, company 
or corporation owning, constructing or operating a railroad in this state shall, 
in the month of June, annually, return a list or schedule to the commissioners, 
which will contain a correct, detailed inventory of all the rolling stock belong- 



32 N C. CORPORATION COMMISSION 

ing to such company, and which shall distinctly set forth the number of locomo- 
tives of all classes, passenger cars of all classes, sleeping and dining cars, ex- 
press cars, horse cars, cattle cars, coal cars, platform cars, wrecking cars, pay 
cars, hand cars and all other kind of cars and the value thereof; and a state- 
ment or schedule as follows: 

(1) The amount of capital stock authorized and the number of shares into* 
which such capital is divided. 

(2) The amount of capital stock paid up . 

(3) The market value, or if no market value, then the actual value of the* 
shares of stock. 

(4) The length of line operated in each county and total in the state. 

(5) The total assessed value of all the tangible property in this state. 

(6) And all the information heretofore required to be annually reported by 
section nineteen hundred and fifty-nine of The Code. Such schedules shall be-; 
made in conformity to such instructions and forms as may be prescribed 
by the commissioners, and with reference to amounts and values on the first, 
day of June of the year for which the return is made. 

Sec. 45. The said commissioners shall first determine the value of each rail- 
road, rolling stock, and all other property, as in the case of private property, and. 
the aggregate value thus determined shall be apportioned in the same proportion 
that the length of such road in each county bears to the entire length thereof; 
and the commissioners shall certify to the chairman of county commissioners, 
and the mayor of each city or incorporated town the amount apportioned to his. 
county, city or town, and the commissioners shall make and forward a like cer- 
tificate, together with all the reports of the various railroad officers, or copies 
thereof, and other papers and evidence which formed the basis of valuation, to 
the auditor of the state. All taxes due the state from any railroad company,, 
except the tax imposed for school purposes, shall be paid by the treasurer of 
each company directly to the state treasurer within thirty days after the first 
day of July of each year, and upon failure to pay the state treasurer as aforesaid 
he shall institute an action to enforce the same in the county of Wake or any 
county in which such railroad is located. The board of county commissioners^ 
of each county throughout which said railroad passes shall assess against the. 
same only the tax imposed by the state for school purposes and those imposed 
for county purposes. 

Sec. 46. When any railroad has part of its road in this state and part thereof 
in any other state, the commissioners shall ascertain the value of railroad track,, 
rolling stock and shares of capital stock of such company, and divide it in the 
proportion the length of such road in this state bears to the whole length of 
such road, and determine the value of such railroad track, rolling stock and 
shares of capital stock in this state accordingly. 

Sec. 47. Any railroad company claiming exemption from taxation under this, 
act by reason of any contract with the state shall, together with, and in addi- 
tion to, the return required by the last section, make a further return specifying 
the act or acts of the general assembly by which such contract is claimed to have 
been created, and also specifying what portion of the property of said railroad 
company is claimed to be exempted trom taxation under this act, and the par- 
ticulars as to character, location and value of property, if any, admitted to be 



COMMISSION A BOARD OF APPRAISERS. 33 

liable under this act. Such returns shall be in no manner conclusive as to any 
of the facts therein stated, but said commissioners shall investigate and deter- 
mine whether any, and if any, what portion of the property of such company is 
beyond the power of the state to tax under this act. The residue of said prop- 
erty, after deduction of that which is exempt, shall be taxed pursuant to the 
provisions of this act. After the first Monday in July the commissioners shall 
give a hearing to all companies interested touching the valuation and assess- 
ment of their property. The commissioners may, if they see fit, require all argu- 
ments and communications to be presented in writing. 

Sec. 48. If the property of any railroad company be leased or operated by any 
other corporation, foreign or domestic, the property of the lessor or company 
whose property is operated shall be subject to taxation in the manner herein- 
before directed; and if the lessee or operating company, being a foreign corpora- 
tion, be the owner or possessor of any property in this state other than that 
which it derives from the lessor or company whose property is operated, it 
shall be assessed in respect of such property in like manner as any domestic 
railroad company. 

Sec. 49. The commissioners shall have power to summon and examine wit- 
nesses, and require that books and papers shall be presented to them for the 
purpose of obtaining such information as may be necessary to aid in determin- 
ing the valuation of any railroad property. Any president, secretary, receiver 
or accounting officer, servant or agent of any railroad or steamboat company 
having any portion of its property or roadway in this state, who shall refuse 
to attend before the commissioners when required to do so, or refuse to submit 
to the inspection of said commissioners any books or papers of such railroad 
company in his possession, custody or control, or shall refuse to' answer such 
questions as may be put to him by said commissioners or order touching the 
business or property, moneys and credits, and the value thereof oi said railroad 
company, shall be guilty of a misdemeanor, and on conviction thereof before 
any court of competent jurisdiction shall be confined in the jail of the county 
not exceeding thirty days, and be fined in any sum not exceeding five hundred 
dollars and costs; and any president, secretary, receiver, accounting officer, ser- 
vant or agent aforesaid so refusing as aforesaid shall be deemed guilty of con- 
tempt of such commissioners, and may be confined by order of said commission- 
ers in the jail of the proper county until he shall comply with such order and 
pay the cost of his imprisonment. 

Sec. 50. The value of the shares of the capital stock of any canal company, 
the property of all canal and steamboat companies in this state, shall be assessed 
for taxation as above provided for railroads. In case any officer fails to return 
the property as provided in this section, the commissioners shall ascertain the 
length of such property in this state and shall assess the same in proportion to 
length at the highest rate at which property of that kind is assessed by them. 



RULES OF PRACTICE 



IN 



CASE5 AND PROCEEDINGS 

BEFORE THE COURT OF THE NORTH CAROLINA 
CORPORATION COMMISSION. 



PUBLIC SESSIONS. 

1. The general sessions of the court for the hearing of contested cases will be 
held at its office in the agricultural building, Raleigh, N. C, on the first Wednes- 
day of each month at 11 o'clock a. m. When special sessions are held at other 
places such regulations as may be necessary will be made by the court. 

PARTIES 

2. Where a complaint concerns anything done or omitted to be done by only 
a single carrier no other need be made a party, but if it relates to joint tariffs, 
or matters in which two or more carriers doing business under a common con- 
trol, management or arrangement for a continuous carriage or shipment are 
interested, all the carriers constituting such line must be made parties. A com- 
plaint may embrace several carriers, or lines of carriers, operated separately, in 
the same proceeding, when the subject-matter of the complaint involves sub- 
stantially the same alleged violation of the law by the several carriers or lines. 
Persons or carriers not parties may apply, in any pending case or proceeding, 
for leave to intervene and to be heard upon the questions involved. 

GENERAL RULES. 

PROCEEDINGS BEFORE THE COURT. 

3. All petitions and complaints made before the court for redress of alleged 
grievances, must plainly and distinctly set forth the grounds of complaint; the 
items being numbered and objections all set forth in writing. In like manner 
all defences must be distinctly set forth in writing, and the items numbered as 
above stated. These specifications, whether of complaint or defence, may be 
accompanied, if the parties desire, by an explanation or argument, or by any 
suggestion as to the proper remedy or policy, and may t>e verified by the affidavit 
of the party complaining or petitioning, taken before any person authorized to 
administer oaths in North Carolina, and when the complaint or petition is veri- 
fied, then the answer thereto shall be verified, and the verification shall con- 
form to the rules prescribed in The Code of North Carolina for the verification 
of pleadings. The parties may also be heard in person or by attorney, or by 
written argument, upon such written statement being first filed. 



RULES OF PRACTICE. 35 

4. If a carrier complained against shall deem the complaint insufficient to 
show a breach of legal duty, it may, instead of filing an answer, serve on the 
complainant notice for a hearing of the case on the complaint; and in case of 
the service of such notice, the facts stated in the complaint will be taken as ad- 
mitted. A copy of the notice must at the same time be filed with the court. 
The filing of an answer will not be deemed an admission of the sufficiency of 
the complaint, but a motion to dismiss for insufficiency may be made at the 
hearing. 

SERVICE OF PAPERS. 

5. Copies of notices or other papers must be served upon the opposite parties 
to the proceeding, personally or by mail, and when any party shall have ap- 
peared by attorney, the service upon the attorney shall be deemed proper ser- 
vice upon the party. If party so notified shall fail to answer within ten days 
after such notice, then the court in its discretion may grant the relief demanded. 

AMENDMENTS. 

6. Upon application by any petitioner or party, amendments may be allowed 
by the court, in its discretion, to any petition, answer, or other pleading in any 
proceeding before the commission. 

ADJOURNMENT AND EXTENSION OF TIME. 

7. Adjournment and extension of time may be granted upon the application 
of parties in the discretion of the court. 

STIPULATIONS. 

8. Parties to cases and proceedings before the court may, by stipulation, duly 
signed by them and filed with the secretary, agree upon the facts, or any por- 
tion of the facts, they deem to be involved in the controversy, which agreed 
statement shall be regarded and used as evidence. It is desirable that the facts 
be thus agreed upon whenever practicable. 

HEARINGS. 

9. Upon issue being joined by the service of answer, the court will assign a 
time and place for hearing the same which will be at its office in Raleigh, N. C, 
at its regular session, unless otherwise ordered. Witnesses will be examined 
orally before the court, unless testimony be taken or facts agreed upon as other- 
wise provided in these rules. The petitioner or complainant must in all cases 
prove the existence of the facts alleged to constitute a violation of the act, 
unless the carrier complained of shall admit the same, or shall fail to answer the 
complaint. Facts alleged in the answer must also be proved by the carrier, 
unless admitted by the petitioner. In cases of failure to answer, the court will 
take such proof of the charge as may be deemed reasonable and proper, and 
make such order thereon as the circumstances of the case appear to require. 

WITNESSES AND DEPOSITIONS. 

10. Subpoenas requiring the attendance of witnesses will be issued by any 
member of the court in all cases and proceedings before it, and witnesses will 



36 N. C. CORPORATION COMMISSION 

be required to obey the subpoenas served upon them requiring their attend- 
ance or the production of any books, papers, tariffs, contracts, agreements or 
documents relating to any matter under investigation or pending before 
the court. When a subpoena is desired for the production of books, papers or 
other documentary evidence, special application must be made to the court 
therefor, specifying the documentary evidence desired. When a cause is at 
issue on petition and answer, each party may proceed at once to take deposi- 
tions of witnesses in the manner provided by section 1357 of The Code of North 
Carolina, and transmit them to the secretary of the commission without mak- 
ing any application to or obtaining any authority from the court for that pur- 
pose. 

PROPOSED FINDINGS OF FACT. 

11. Upon the final submission of a case to the court either party may submit 
proposed findings of fact for the consideration of the court, which findings must 
embrace only the material facts of the case supposed to be established by the 
testimony. 

REPORTS. 

12. Each railroad company doing business within the state of North Carolina 
shall file in the office of the court quarterly reports showing in detail statement 
of freight and passenger earnings, operating expenses, etc., on such forms as 
may be prescribed from time to time by the court. 

STANDARD FREIGHT AND PASSENGER TARIFFS. 

STANDARD PASSENGER TARIFF. 

First Class. Second ' lass. 

Twelve years and older, 3^o. per mile. 2fc per mile. 

Over 5 and under 12 years of age, - - - One-half first-class fare. 

RULES GOVERNING THE TRANSPORTATION OF PASSENGERS. 

1. Each passenger shall be entitled to baggage not exceeding one hundred 
and fifty pounds. 

2. No more than the schedule of passenger rates shall be charged where the 
ticket office at any station shall not have been open for a reasonable time be- 
fore the departure from a station of the train upon which the passenger intends 
to be transported. 

3. At junction points, where the incoming trains arrive so near the leaving 
time of the out-going train that it is not practicable for a passenger to procure 
a ticket, no more than the schedule of passenger rates shall be charged. 

4. Railroad companies are authorized to collect the exact mileage for passen- 
ger fares if they shall make the necessary change to enable them to do so ; but 
if not, no more than the nearest amount ending in 5 or shall be charged. 

5. No railroad company shall be allowed to charge more than ten cents for 
full or half-rate between regular stations when the fare would be less than that 
amount: Provided, where the distance is not greater than two miles or under 
the maximum charge for first-class tickets shall be ten cents, and five cents for 
second-class tickets. 



RULES OF PRACTICE. 37 

6. No more than the standard passenger tariff shall be charged passengers 
from flag stations or other stations where tickets are not kept on sale. 

7. When, in consequence of the uncertain time of arrival or departure of a 
delayed train, it is impracticable for tickets to be purchased, no more than the 
regular standard passenger rate shall be charged. 

8. Passengers unprovided with tickets, when opportunity has been afforded 
them by the railroad companies to procure the same, may be required by the 
railroads to pay to the conductor twenty-five cents excess of tne fare upon re- 
ceiving from the conductor a drawback ticket for twenty-five cents, which shall 
be cashed upon presentation at any ticket office of the company within twenty 
days after date. 

9. The commission will consider applications for an advance or reduction in 
the standard tariff for the transportation of passengers, but no change of rates 
shall be of effect or put in force until ratified by the commission: Provided, 
that this rule shall not be construed as placing any restriction on the privilege 
of railroad companies to make special rates on excursion trains, or to issue what 
are called "commutation or mileage tickets:" Provided, no unjust discrimina- 
tion is practiced. 

10. Tickets on sale at any office in a city must be kept on sale at the depot 
ticket-office of the same railroad at the same prices. 

11. That all connecting railroads which are under the management and con- 
trol by lease, ownership or otherwise, of one and the same company, or at con- 
nection with a different company, shall be required to make close connection 
whenever practicable. 

12. Railroad companies in computing passenger rates between stations where 
fractions of a mile are to be considered, will calculate for the nearest even num- 
ber of miles. Example: For a distance of 10.49 miles or under, charge for ten 
miles; for 10.50 miles or over, charge for eleven miles, and so on. 

13. It shall be the duty of each railroad company to bulletin at every tele- 
graph station along its line, and other stations if possible, ten minutes in ad- 
vance of the schedule time of arrival of its trains, whether such train is on time 
and if behind its schedule time to state, as near as can be approximated, the 
time of its arrival. The bulletin board shall be placed in a conspicuous place 
at the ticket-office, and all notices thereon of arrival and departure of trains 
shall be erased immediately after the departure of trains. 

14. On all mixed trains, carrying passengers, where two coaches are attached, 
first and second-class tickets must be sold. 

Where only one coach is attached, only second-class rates shall be charged, 
unless the coach has separate apartments, then first and second-class rates may 
be charged. 

15. That all common carriers subject to the supervision of the railroad com- 
mission shall provide such means or appliances as may be necessary to secure 
the careful handling of and to prevent injury to any parcel of baggage to which 
a check may be affixed, as provided in section 1970 of The Code. 

That at all minor stations, where no proper appliances are supplied, and no 
regular depot hand is employed, the train hands shall be required to assist the 
baggage-master, and lift with care all baggage from the car-doors. 

16. All railroad companies, in addition to the usual bell-cord, shall place a 



38 N. C. CORPORATION COMMISSION. 

safety-cord in each coach of the regular passenger trains, running through the 
entire length of the same. 

17. It shall be the duty of the Pullman Car Company, at all stations, on the 
stopping of trains, to have the doors of their cars open for the reception of pas- 
sengers and require the porter to have a step ready for the convenience of pas- 
sengers desiring to enter. 

RULES G0VERNIN6 THE TRANSPORTATION OF FREIGHT 

1. All connecting railroads, which are under the management and control, by 
lease, ownership or otherwise, of one and the same company, shall, for purposes 
of transportation, in applying this tariff, be considered as constituting but one 
and the same road, and the rates shall be computed as upon parts of one and 
the same road, unless otherwise specified. 

DISTANCES. 

2. Since a separate rate can not be conveniently given for every possible dis- 
tance, the law authorizes the commission "to ascertain what shall be the limits 
of longer and shorter distances." Five (5) miles has, accordingly, been fixed 
as the limit for a change of freight rates for all distances less than one hundred 
miles; and ten (10) miles for all distances over one hundred miles. The com- 
missioners reserve the right, however, to correct the charge in extreme cases 
which work hardship, although the same may not violate the letter of our rules. 

3. For all distances over five (5) miles and under one hundred (100) miles, the 
following rule will apply: When the mileage does not end in or 5 the nearest 
mileage so ending shall govern the rate. Illustration: For a distance of twenty- 
seven miles charge for twenty-five miles, for a distance of twenty-eight miles 
charge for thirty miles. 

4. When freight is transported any distance greater than one hundred miles, 
if the mileage does not end in 0, then next ten (10) miles group above shall gov- 
ern the rate. Illustration: For one hundred and twenty-one miles charge for 
one hundred and thirty. 

5. For distance under twenty miles or over two hundred and fifty miles, a 
reduction of rates may be made without making a change at all stations short 
of two hundred and fifty miles: Provided, however, that when any railroad 
shall make a reduction of rates for distances over two hundred and fifty miles, 
the same shall apply to similar distances on all the roads controlled by the same 
company, and in no case shall more be charged for a less than a greater dis- 
tance. 

REGULATIONS CONCERNING FREIGHT RATES. 

6. The freight rates prescribed by the commission are maximum rates, which 
shall not be transcended by the railroads. They may carry, however, at less 
than the prescribed rates: Provided, that if they carry for less for one person, 
they shall for the like service carry for the same lessened rate for all persons 
except as mentioned hereafter; and if they adopt less freight rates from one sta- 
tion, they shall make a reduction of the same per cent at all stations along the 
line of the road so as to make no unjust discrimination as against any person 
or locality. But when there are between any two points in this state two or 



RULES OF PRACTICE. dV 

more competing roads not under the same management or in the same system, 
then the longer line or lines, in order to give said points the benefit of competi- 
tion, may reduce the rates between said two points below the standard tariff, 
without making a corresponding reduction at all stations along the lines of said 
roads: Provided, said reduction shall not make the rates less than the standard 
tariff rates for the shortest line between said points: Provided further, that be- 
fore taking effect, the proposed change of rates shall be submitted to and ap- 
proved by the commission. 

7. The rates charged for freight service by regular passenger trains may be 
one and a half times that for first-class freight by ordinary freight trains. 

8. No railroad company shall, by reason of any contract with any express, or 
other company, decline or refuse to act as a common carrier, to transport any 
article proper for transportation by the train for which it is offered. 

9. Railroad companies may collect twenty-five (25) cents as a minimum charge 
on a single shipment, however small. 

10. No railroad company doing business in this state shall permit a blockade 
of any class of freights on account of any arrangement existing between it and 
other railroad companies as to the transportation of freight according to per- 
centage or otherwise. 

11. There shall be no secret reduction of rates, nor shall any bonus be given, 
or any rebate paid to any person, but the rates shall be uniform to all, and 
public. 

12. The rates specified for ores, sand, clay, rough stone, common brick, 
bone, lumber, shingles, laths, staves, empty barrels, wood, straw, shucks, hay, 
fodder, corn in ear, tan-bark, turpentine, rosin, tar, household goods, are maxi- 
mum rates, but the roads are left free to reduce them at discretion, and all such 
rates are exempt from the operation of Rule 6. All complaints as to such rates 
will, on presentation, be duly considered. 

13. When railroad companies are required to load or unload car-load ship- 
ments of classes L, M, N, and P, or to load car-load shipments of naval stores, 
the actual cost of such service shall be paid by shippers. 

14. Extra Handling — The charge for handling extra heavy articles, may 
be as follows, viz: 

Under 2,000 pounds, no charge for extra handling. 

For 2,000 lbs and under 3,000 lbs, $3 for extra handling. 

For 3,000 lbs and under 4,000 lbs, 5 for extra handling. 

For 4,000 lbs and under 5,000 lbs, 7 for extra handling. 

For 5,000 lbs and under 6,000 lbs, 8 for extra handling. 

For 6,000 lbs, and under 7,000 lbs, 10 for extra handling. 

For 7,000 and over in proportion. 

15. Fertilizers. — This term embraces the following and like articles, when 
intended to be used as fertilizers: Ammonia sulphate, bone black, bones ground 
or dissolved, castor pomace, or fish scrap guanos, alto vella, fish, Navassa, Na- 
vassa lump, Peruvian soluble Pacific, nitrate cake, plaster of paris, potash — 
German salts of, muriate of, sulphate of — salt cake, lump and ground phos- 
phate, soda — nitrate of and sulphate of — tank stuff, etc. 

16. Vehicles designed for transportation at carrier's risk must be properly 



40 



N. C. CORPORATION COMMISSION. 



protected by the shipper with sufficient covering or packing from all liabilities 
to injure from fire, weather, chafing, or other injury. 

17. In no case shall the amount collected on L. C. L. shipments exceed the 
charge per carload for the same class of goods. 

18. Railroad companies are not required to receive cotton or other merchan- 
dise and warehouse the same unless the articles offered are in good shipping 
condition, well prepared by the shipper with proper packing and intelligent, 
plain marking, and accompanied with orders for immediate shipping. 

19. Carload Rates apply to a shipment of a carload or more made by one 
shipper, at one time, to one and the same point of delivery, to the same con 
signee. 

ESTIMATED WEIGHTS. 

20. Lumber, coal, lime, brick, stone, and all articles for which estimated 
weights are given in classification (except live stock, ale and beer, and empty 
ale and leer packages, L. C. L.), will be taken at actual weight when the 
weight can be ascertained, but when the weight can not be ascertained, will be 
charged at the. following estimated weights. This is not to interfere, however, 
with the duty of receiving agent to weigh, if possible, and correct to actual 
weight: 

TO BE USED WHEN ACTUAL WEIGHTS CAN NOT BE ASCERTAINED. 



Per 1,000 ft. 

White pine and poplar, thor- 
oughly seasoned 3 . 000 lbs. 

W T hite pine and poplar, green 4.000 lbs. 

Yellow pine, black walnut, 

ash, seasoned 4.000 lbs. 

Yellow pine, black walnut, 
ash, green 4.500 lbs. 

Oak, hickory, elm, seasoned. 4.500 lbs. 

Oak. hickory, elm, green 6.000 lbs. 

All other kinds lumber, sea- 
soned „. 4,0001bs. 

All other kinds lumber, green 6,000 lbs. 

Hoop-poles, staves and head- Per Car. 
ing, dry. car loaded to depth 
of 50 inches 24,000 lbs. 

Hoop-poles, staves and head- 
ing, green, car loaded to 
depth of 43 inches 24,000 lbs. 



Per Car. 

Shingles, green per 1 .000 350 lbs. 

Shingles, dry perl,000 300 lbs. 

Laths, green per 1 ,000 530 lbs. 

Laths, dry per 1 ,000 450 lbs. 

Tan bark, green per cord 2.600 lbs. 

Tan bark, dry per cord 2 000 lbs. 

Fence posts and rails 

and telegraph poles per cord 2,500 lbs. 

Clay .i ... per cubic yard 3,000 lbs. 

Sand per cubic yard 3.000 lbs. 

Gravel per cubic yard 3,200 lbs. 

Stone, undressed . per cubic ft. 160 lbs. 

Lime per bushel 80 lbs. 

Coal per bushel 80 lbs. 

Coke ..per bushel 40 lbs. 

Portland cement ..per barrel 400 lbs. 

Other cements per barrel 300 lbs. 



21. In cases in which the classification of any article is lowered by a percent- 
age, railroad companies which are allowed an increase on the standard tariff 
shall apply the increase allowed to the reduced classification; but in cases in 
which the classification of any article is raised by percentage, railroad companies 
which are allowed an increase on the standard tariff shall not apply said in- 
crease to the already increased classification, but only to the standard tariff. 

22. When any article is too bulky to put in a box-car, it shall be subject to 
special contract. 



RULES OF PRACTICE 41 

23. A ton of all articles is 2,000 pounds. A carload is 20,000 pounds, unless 
otherwise specified. For loads above 20,000 pounds, pro rate at carload rates 
charged. A carload of green wood is eight cords. A carload of dry wood is 
nine cords. A carload of lumber (and all articles embraced in lumber) is 24,000 
pounds. A carload of any article enumerated in Class P, except wood and 
lumber and articles included in lumber, is 25,000 pounds — shippers to load and 
unload: Provided, that when a car is loaded over its marked capacity by the 
shipper, the railroad companies are left free to charge for the excess a rate that 
will effectually stop a practice fraught with so much danger to life and prop- 
erty. 

24. The regulations of the railroads as to demurrage or detention of cars are 
matters of police, with which the commission will only interfere upon complaint 
of abuse. 

25. All roads under the same or different management shall make just and 
reasonable rates for switching and exchange of business at connecting points. 
Rates now in force are continued. Any proposed change must first be submit- 
ted to the commission. Any charge now in force and shown to work a hardship 
Will be corrected. 

26. All depots situated in incorporated towns and cities in this state must be 
kept open each day (Sundays excepted) for the receiving and delivery of freight 
as follows: From April 1 to September 30, between the hours of 7 a. m. and 6 
p. m. From October 1 to March 31, 7.30 a. m. and 5 o'clock p. m., with an inter- 
mission in each case of one hour, from 12 o'clock m. to 1 o'clock p. m. 

27. Railroad companies whose lines do not exceed ten miles in length may 
charge from any point on their road the rates prescribed for ten miles. 

28. On all shipments of freights not governed by Rule 1, originating and ter- 
minating in this state, which shall pass over the whole or portions of two or 
more. roads, not under the same control, the maximum rates charged on such 
Shipments shall not be greater than the sum of the local rates on such freights, 
less ten (10) per cent, for the distance hauled over each road. The total rate 
thus ascertained on such freights, from the point of shipment to the point of 
destination, shall be divided in such proportions between the roads over which 
such freights pass, so as to give to each road interested in the shipment its local 
rate, less ten (10) per cent, for the distance such shipment is hauled. Nothing 
in this rule shall be construed to prevent the total of any joint rate made under 
this rule from being divided in such proportions between the roads interested 
in the same as they may agree upon, but a failure to so agree between the roads 
interested shall in no way affect the total joint rate to be charged and collected 
on, or work delay in the transportation of such freights, or be a subject of ap- 
peal to the commission by the roads at interest. 

29. When railroad rates are affected by water competition, the railroads may 
reduce their rates between points so affected without being required to reduce 
intermediate rates: Provided, however, that if complaint is made that such com- 
petition rates unjustly discriminate against other places or persons, the com- 
missioners will investigate and rule in each case. 

30. Whenever any goods, or articles of freight of any kind, shall be received 
by any common carrier in this state, to be delivered to any consignee in this 
state, and a portion of same shall not have been received at the place of desti- 



42 N. C. CORPORATION COMMISSION. 

nation, the carrier shall not demand any part of the charges for freight or 
transportation due for such portion of the shipment as shall not have reached 
the place of destination. And in case of loss, damage or overcharge of such 
freight, if the consignee present his bill of lading and the original invoice to 
the agent of the company at place of destination of such goods, within thirty 
days after notice of the loss, damage or overcharge, and said company fails or 
neglects to deliver to the consignee the goods lost or damaged, in good order, 
or refund any overcharge for thirty days after such notice, then such company 
shall be liable for the value of such goods lost or damaged or overcharged. The 
carrier shall be required to deliver to the consignee such portion of the con- 
signment as shall have been received, upon the payment or tender of freight 
charges due upon such portion, as provided by chapter 495, Laws 1893. 

31. No common carrier shall, for any cause, subject any article of freight to 
unreasonable delay in receiving, delivering or forwarding the same to its desti- 
nation. 

32. When a shipment is offered at a point where there are two routes over 
connecting lines to destination, it shall be the duty of the railroad company 
making shipment to forward same by the shortest route, unless the rate charged 
over the longer route does not exceed that of the shorter; or unless otherwise 
ordered by the shipper. 

33. A charge of no more than two dollars per car will be allowed for switch- 
ing or transferring a car from any point on any road to any connecting road or 
warehouse within a space of one mile from starting point, over one and not 
more than two miles, three dollars; over two miles and not over three miles r 
four dollars, without regard to weight or contents. 

34. When in the transfer of a car between said points it is necessary to pass 
over the line of any intermediate road or roads, the maximum charge of two, 
three or four dollars, as the case may be, shall be equitably divided between 
the roads at interest. 

35. When a charge is made for the transfer of loaded cars between said points, 
no additional charge shall be made for the delivery or return of the empty cars. 

36. All specials less than our standard rates heretofore granted by carriers 
within the jurisdiction of the commission, and which do not conflict with the 
law preventing unjust discrimination, until further orders, will be enforced. 

POSTING TARIFFS. 

37. Each railroad company doing business within the state of North Carolina 
shall post, and keep posted, at each of its respective stations, in a conspicuous 
place, a copy of the schedules of freight and passenger rates prescribed for said 
road by the commission, together with a copy of the commissioner's classifica- 
tion, and a table of distances between stations, giving name of each station. 
And when any change in said schedule of rates or classification is made, either 
by the commission or by any railroad company, a copy of said change shall be 
immediately furnished the office of the commissioners, and shall also be posted 
in the same manner as the above. 

38. The rates prescribed by the commission shall (except in cases specified) 
apply in either direction. 



RULES OF PRACTICE 



43 



EXPLANATORY NOTES. 

In the "Commissioners' Standard Freight Tariff," under the class opposite to 
the distance, if it ends in (and if not then opposite the next greater distance), 
will be found the rate required. 

Example: To find the rate for 247 miles on a box of clothing, weighing 100 
pounds, opposite the word clothing, in the classification, is seen its class, 1; in 
the freight tariff under Class 1, opposite tne next greater distance, 260 miles, is 
seen the rate 65 cents; in the column "miles," 5 signifies five miles or under; 
20, twenty miles or over 15, and so on. 

EXPLANATION OF CHARACTERS. 



1 stands for first-class. 

2 stands for second-class. 

3 stands for third-class. 

4 stands for fourth-class. 

5 stands for fifth-class. 

6 stands for sixth-class. 

1^2 stands for 1% times first-class. 

Dl stands for double first-class. 

3T1 stands for three times first-class. 



4T1 stands for four times first-class. 

A, B, C, D, E, F. H, and K, stand for 
classes A. B, C, D, E, F, H, and K, 
respectively. 

S stands for special. 

L.C L. stands for less than car-load. 

C.L. stands for car-load 

N.O.S. stands for not otherwise speci- 
fied. 



Articles not enumerated will be classed with similar or analagous articles. 

RULES FOR COMPUTING FRACTIONS. 

When any rate in any class in the Standard Tariff is raised or lowered by a 
per cent, the following rules must be observed: 

First. — If the rate thus raised or lowered is in either of classes C, D, F, J or 
K, the fraction of a half cent must be retained, as the following examples will 
indicate: 

Ex. 1. — Standard rate 6.5 

25 per cent added 1.6 

Total 8.1 

From which deduct fraction, leaving desired rate of 8 cents. 

Ex. 2. — Standard rate 9.5 

20 per cent added 1.9 

Total 11.4 

Substituting 5 for the fraction, the desired rate is 11.5 cents. 

Ex. 3. — Standard rate 8. 

20 per cent added 1.6 

Total 9.6 

Substituting 5 for the fraction, the desired rate is 9.5 cents, 

Ex. 4. — Standard rate . . 5.5 

25 per cent added . . . 1.3 

Total 6.8 

Adding a unit instead of a fraction, the desired rate is 7 cents. 



44 N. C. CORPORATION COMMISSION. 

Second. — If the rate thus raised or lowered be in any other class than those 
already mentioned, omit fraction of less than half a cent and estimate half a 
cent or more as one cent, thus: 

Ex. 1. — Standard rate 17 

20 per cent added 3.4 

Total 21.6 

Deducting the fraction, the desired rate is 20 cents. 

Ex. 2. — Standard rate 18 

20 per cent added 3.6 

Total 21.6 

Estimating the fraction as a unit, the desired rate is 22 cents. 
Third. — In making reductions, observe the same manner of placing figures 
before deducting the percentage. 

Narrow-guage railroads, in fixing rates on all freights where a rate per car- 
load is given, will count 15,000 pounds for a carload, and estimate their charge 
pro rata with rate allowed on standard guage. 

RULES GOVERNING ERECTION AND LOCATION OF DEPOTS. 

First. — From and after Wednesday, the 26th day of April, 1899, no change 
of freight or passenger depots or flag stations from their present location, nor 
the suspension of the sale of tickets, or the receiving or forwarding of freights 
from stations now in use for such purposes, will be permitted without the con- 
sent of this commission publisned in accordance witn law. 

Second. — Application for the location of depots and the construction of de- 
pot building must be filed in the North Carolina Corporation Commission office, 
with all information needed for a full and proper understanding of all interests 
to be affected thereby. 

RULES AND REGULATIONS GOVERNING THE TRANSPORTATION OF LIVE STOCK. 

The weights given below are estimated and not actual, and are used simply 
to get the rating on live stock. To illustrate: One horse, mule or horned ani- 
mal is estimated at the same rate as 2,000 pounds of any kind of second-class 
freight at carrier's risk and fourth-class at owner's risk. Therefore, the freight 
charges for fifty miles on one horse, mule or horned animal is the same as on 
2,000 pounds of second-class freight, and would be, according to the standard 
tariff, carrier's risk, 28 cents per 100 pounds, or $5.60, and at owner's risk, 20 
cents per 100 pounds, or $4.00. 



Each. 

One horse, mule or horned ani- 
mal 2.000 lbs. 

Two horses, mules or horned 
animals 3,500 lbs. 

Each additional horse, mule or 
horned animal - . .. 1,000 lbs. 

Stallions, jacks and bulls 3,000 lbs. 

Yearling cattle 1.000 lbs. 

Calves and sheep 175 lbs. 



Each 
Calves and sheep, in lots of — 

or more . 150 lbs. 

Lambs 100 lbs. 

Lambs, in lots of five or more 75 lbs. 

Hogs for market ... 350 lbs. 

Pigs and stock hogs . . ... 125 lbs. 

Pigs, hogs, sheep, etc., boxed, 

actual weight 



RULES OF PRACTICE 45 

The rates on live stock as given in this tariff are based on the following maxi- 
mum valuations: 

Horses and mules not over $120.00 each. 

Horned cattle not over 50.00 each. 

Stallions, jacks and bulls not over 150.00 each 

Fat hogs and fat calves not over 15.00 each. 

Lambs, stock hogs, stock calves, not over 5.00 each. 

Race horses, stallions, jacks, bulls and other high-priced animals when ship- 
pers are not willing to have the same transported at above valuations, will be 
taken only at the following rates on valuation given: 

Value from $150.00 to $400.00 add to regular rate 30 per cent. 

Value from $400.00 to $600.00 add to regular rate 40 per cent. 

Value from $600.00 to $800.00 add to regular rate 60 per cent. 

Value from $800.00 to $1,000.00 add to regular rate 100 per cent. 

Over $1,000 subject to special rate by contract. 

Live stock will be taken at the released or owner's risk rate only when con- 
tract is executed by shipper and station agent. 

Mixed shipment of cattle, hogs, lambs, etc., will be taken in carloads at car- 
load rates for cattle, but carrier will be released from damage to animals caused 
by their own acts, or to each other, and from escape, if not haltered, suffoca- 
tion, exhaustion from heat or cold. 

Sucking calves accompanying cows will be charged for at rate for single 
calves. 

Sucking colts accompanying mares will be charged for at double the rate for 
single calves. 

The word "calves" used in these rules and regulations applies only to calves 
under nine months old; and the words "yearling cattle" to cattle over nine 
months and under eighteen months old. 

Pigs, hogs, calves, etc., boxed, crated, or in portable pens, taken at actual 
weight, carrier's risk, first-class; owner's risk, second-class. 

In no case shall the charge for less than a carload of live stock exceed the 
charge for a carload. 

Shippers will be expected to feed, water and care for their stock at their own 
expense. When food is furnished by carrier, a charge will be made for the 
same and collected from consignee. 

One, two or three cars of live stock will entitle the owner or his agent to be 
carried free to point of destination of consignment, on the train with the stock 
to care for the same. Four to seven cars inclusive, belonging to one owner, 
two men in charge; and eight cars or more belonging to one owner, three men 
in charge, which number is the maximum number of attendants that will be 
carried free for one shipment. 

Return transportation not given to owners, agents or attendants. 



46 



N. C. CORPORATION COMMISSION. 



STANDARD FREIGHT TARIFF— CLASSES. 



■ « 








PER I 


00 POUNDS 










PER 
BBL 


Miles 


1 2 


3 4! 5 ! 6 


A 


B 


C 


D 


E 


F 




cts. 


cts 


cts 


cts 


cts. 


cts. 


cts 


cts 


cts 


cts. 


cts. 


cts 


5 


12 


10 


8 


6 


6 


5 


5 


5 


5 


4 


6 


10 


IO 


,8 


13 


11 


9 


8 


7 


6 


6 


6 


5 


8 


12 


15 


21 


16 


14 


n 


9 


7K2 


6V 2 


7 


7 


6 


9 


14 


20 


24 


18 


16 


13 


10 


8 


7 


8 


8 


7 


10 


16 


25 


27 ! 


20 


18 


14 


12 


9 


8 


9 


9 


8 


12 


18 


30 


30 


24 


20 


16 


13 


10 


8 


IO 


10 


8 


13 


20 


35 


33 


26 


22 


18 


14 


n 


9 


n 


10 


9 


'4 


20 


40 


33 


26 


22 


18 


14 


11 


9 


n 


10% 


9 


14 


21 


45 


36 


28 


24 


20 


15 


12 


10 


12 


™ l A 


9 


15 


21 


50 


36 


38 


24 


30 


15 


13 


10 


13 


11 


9 


15 


22 


55 


39 


30 


26 


21 


16 


12 


11 


13 


n 


10 


16 


22 


60 


39 


30 


26 


21 


16 


13 


n 


13 


u^ 


10 


16 


23 


65 


42 


32 


28 


21 


17 


14 


12 


14 


11% 


10 


17 


23 


70 


42 


32 


28 


21 


17 


14 


12 


14 


12 


10 


17 


24 


75 | 44 


34 


30 


22 


18 


15 


13 


15 


12 


10 


18 


24 


80 44 


34 


30 


22 


18 


15 


13 


15 


13 


n 


18 


26 


85 ! 46 


36 


31 


22 


19 


15 


13 


16 


13 


11 


19 


26 


90 


46 


36 


31 


22 


19 


15 


13 


16 


13K 


11 


19 


27 


95 


48 


38 


32 


24 


20 


16 


14 


16 


13K 


n 


20 


27 


100 


48 


38 


33 


34 


30 


16 


14 


17 


14 


13 


30 


28 


no 


50 


40 


33 


25 


20 


16 


14 


17 


14 


12 


20 


28 


120 


52 


42 


34 


25 


21 


17 


15 


18 


15 


13 


21 


30 


130 


54 


44 


35 


26 


21 


17 


15 


18 


16 


13 


21 


32 


140 


56 


46 


36 


26 


22 


18 


16 


19 


iG 


14 


22 


32 


150 


58 


48 


37 


37 


33 


18 


16^ 


19 


17 


14 


22 


34 


160 


59 


49 


39 


29 


24 


19 


iey 2 


20 


17 


15 


24 


34 


170 


60 


50 


4i 


3i 


26 


20 


17 


20 


18 


15 


26 


36 


180 


61 


5i 


42 


32 


28 


21 


17 


21 


18 


15% 


28 


36 


190 


62 


52 


43 


33 


29 


22 


i7 l A 


21 


19 


15^ 


29 


38 


200 


63 


53 


44 


34 


30 


33 


11% 


33 


19 


16 


30 


38 


210 


63 


53 


44 


34 


30 


23 


n l A 


22 


20 


16 


30 


40 


220 


64 


54 


45 


35 


3i 


24 


18 


23 


20 


17 


3i 


40 


230 


64 


54 


45 


35 


3i 


24 


18 


23 


21 


17 


3i 


42 


240 


65 


55 


45 


35 


32 


25 


19 


24 


21 


18 


32 


42 


350 


65 


55 


45 


36 


33 


35 


19 


34 


32 


18 


32 


44 


260 


65 


55 


46 


36 


32 


25 


20 


25 


23 


19 


33 


45 


270 


66 


56 


46 


36 


33 


26 


20 


25 


23 


19 


33 


45 



PER 
IOO LBS. 



24 

24 10 



10 

™y 2 
11 



PER 
TON. 



PER 
CAR LOAD. 



$0.60 
.70 
•75 
.80 
.90 
I. OO 
I. 10 
I.20 
I.20 

1 20 

1.30 
I.3P 
1.30 
1.30 
1.40 
1.40 
1.40 
1.40 
1.50 
150 
1-55 
1.60 
1.65 
1.70 
175 
1.80 
1.85 
1.90 
1.90 
195 
i-95 
2.00 
2.00 
2.05 
2 05 
2. 10 
2. 10 



So. 85 
•95 
1. 00 
1.05 

1. 15 

1.25 

1-35 
1-35 
1.45 
145 20 



$9-' 



1.55 
1-55 
1.60 
1.60 
1.65 
1.65 
1.70 
1.70 
1-75 

175 
1.80 
1.85 
1.90 
i-95 

2 00 
2.05 
2.10 
2. 10 

2.15 
2 20 

2.20 
2.25 
2.25 
2.30 
2 30 
2-35 
2.35 



14. 

14. 

16. 
16 

17. 

17. 

17. 

17. 

18. 

18. 

18. 

18. 

19. 
19 

19. 

20. 

20. 

21. 
31 

24. 

25. 

26 

27. 

58 

28. 

29. 

29. 

30. 
30 

3i. 

3i- 



$5- 00 
6.50 
7.50 
8.50 
9-5° 

10.50 

n.5° 
12.00 
12.00 

1200 
13-00 
13.00 
13-00 
14.00 
14.00 
14.00 
15' 00 
15.00 
15-00 

16 00 
16.00 
17.00 
18.00 
18.00 

1900 
19.00 
20.00 
20.00 
21.00 

2100 
22.00 
22.00 
23.00 
23.00 

2300 
24.00 
24.00 



STANDARD PASSENGER TARIFF. 



47 



STANDARD PASSENGER TARIFF. 

First-class. Second-class. 

Twelve years and older 3^c. per mile. 2^c. per mile. 

Over 5 years and under 12 years of age One-half first-class fare 



STANDARD TELEGRAPHIC RATES. 

Ten body words or under Twenty-five cents. 

Over ten body words Two cents for each additional word. 

JOINT TELEGRAPHIC RATES. 
Whenever a message is sent over two or more telegraph lines owned, controlled 
and operated by separate and distinct corporations or individuals, the joint rate 
shall not exceed forty cents for such message of ten body words or less, exclusive 
of date, address and signature, between any two points within the limits of this 
State, nor more than three cents for each additional word. 



FERTILIZER RATES. 

C. L. TEN (10) TONS MINIMUM. PER TON 2,000 POUNDS. 



Per Ton. 



5 miles and under. __ 

10 miles and over 5. 

15 miles and over io_ 

20 miles and over 15. 

30 miles and over 20. 

40 miles and over 30. 

50 miles and over 40. 

60 miles and over 50. 

70 miles and over 60. 

80 miles and over 70. 

90 miles and over 8o. 
100 miles and over 90. 
no miles and over 100. 
120 miles and over uo. 
130 miles and o\ er 120. 



$0.60 
.80 
1. 00 
1. 10 
1.20 
1.30 
1.40 
1.50 
1.60 
1.70 
1.80 
1.90 
2.00 
2. 10 
2,20 



140 miles and over 130. 
150 miles and over 140. 
160 miles and over 150. 
170 miles and over 160. 
180 miles and over 170. 
190 miles and over ifco. 
200 miles and over 190. 
210 miles and over 200. 
220 miles and over 2io_ 
230 miles and over 220. 
240 miles and over 230. 
250 miles and over 240. 
260 miles and over 250. 
270 miles and over 260. 



$2.30 
2.40 
2.50 
2.55 
2.60 
2.65 
2.70 

2.75 
2.80 
2.85 
2.90 
2-95 
3.00 
3-05 



On less than car-load shipments, rates may be made twenty per cent higher than 
above. The joint rates on two or more roads, not under the same management or 
control, shall be made on the basis of the sum of the locals of each road, less twenty 
per cent. 

Applicable to all railroads in the State. 



48 



N C. CORPORATION COMMISSION. 



RATES OF FREIGHT ON COTTON SEED AND COTTON SEED HULLS. 

Per Ton 2,000 Pounds. 



5 miles _. 
io miles _. 
15 miles _. 
20 miles _. 
25 miles _. 
30 miles _. 
35 miles _. 
40 miles _. 
45 miles _ . 
50 miles _. 
55 miles _. 
60 miles _. 
65 miles ,. 
70 miles .. 
75 milts _. 
80 miles _. 
85 miles _. 
90 miles _. 
95 miles _. 



C. L. 


L.C.L., 
Packed. 


Per Ton. 
$0.60 


Per Ton. 

$o.75 


.70 


.873^ 


.80 


1. 00 


.80 


1. 00 


.90 


i"K 


.90 


1.12^ 


•95 


1.18^ 


•95 


1.18K 


1. 00 


1-25 


1. 00 


1-25 


1.05 


I.3IK 


1. 10 


I.3IK 


1. 10 


1.37^ 


1. 15 


I.37K 


».*5 


I.43K 


i.)5 


I.43K 


1.20 


1.50 


1. 20 


1.50 


1 25 


I.56K 



100 miles 
no miles 
120 miles 
T30 miles 
140 miles 
150 miles 
160 miles 
170 miles 
180 miles 
190 miles 
200 miles 
210 miies 
220 miles 
230 miles 
240 miles 
250 miles 
260 miles 
270 miles . 



C.L. 



Per 



Ton. 

$1.25 

1.30 
1.30 
1-35 
1-35 
1.40 
1.40 
1.45 
1-45 
1.50 
1.50 
1.55 
1-55 
1.60 
1.60 
1.65 
1.65 
1.70 



L.C.L., 
Packed. 



Per Ton. 

$1.56^ 

1.6234 

I.62J4 

I.683X 

1.68^ 

1-75 

1-75 

1.81K 

1.81K 

1.87& 

1.87J& 

L93K 

I-93K 

2.00 

2.00 

2.o6}£ 

2.06K 

2. I2J4 



Applicable to all railroads. 

The roads comprising the Seaboard Air Line System, to-wit : The Seaboard and 
Roanoke Railroad Company, the Raleigh and Gaston Railroad Company, the Dur- 
ham and Northern Railroad Company. Raleigh and Augusta Air Line Railroad 
Company, Carolina Central Railroad Company, Pittsboro Railroad Company. Pal- 
metto Railroad Company, Louisburg Railroad Company, Roanoke and Tar River 
Railroad Company, in applying the above tariff and all other tariffs, shall conform 
to Rule 1 of the Rules Governing the Transportation of Freight as follows : 

" All connecting railroads, which are under the management and control, by 
lease, ownership or otherwise, of one and the same company, shall, for purposes of 
transportation, in applying this tariff, be considered as constituting but one and the 
same road, and the rates shall be computed as upon parts of one and the same road.' r 

That is upon a continuous mileage basis. 

The roads comprising the Atlantic Coast Line System, to-wit : The Wilmington- 
and Weldon Railroad Company and its branches. Petersburg Railroad Company, 
Wilmington, Columbia and Augusta Railroad Company, Norfolk and Carolina Rail, 
road Company, and the C heraw and Darlington Railroad Company, shall likewise 
conform to Rule 1 in applying the above tariff and all other tariffs. 

The various roads and branches of roads comprising the Southern Railway Sys- 
tem in North Carolina, shall, in applying this tariff and all other tariffs, conform to 
said Rule 1 of the Rules Governing the Transportation of Freight. 



FREIGHT RATE ON FIREWOOD AND MOLASSES 



49 



FREIGHT RATE ON FIREWOOD. 

IN CAR-LOADS RELEASED, LOADED AND UNLOADED BY SHIPPER, TEN CORDS MINIMUM. 



Miles. 



Per Cord. 



i to 10 . 
10 to 15 
15 to 30 



$0.50 

• 55 
.60 



Miles. 



30 to 40 . 
40 to 50 . 



Per Cord. 



.70 

.80 



Applicable to all railroads in the State. 



FREIGHT RATE ON MOLASSES. 

IN BARRELS OR HOGSHEADS. 



Miles. 



Per 100 
Pounds. 



$0.04 

• 05 

.06 

.06% 
.07 
.o 7 y 2 
.08 

.oS/ 2 

.09 

.09 

• TO 
.10 

.II 
. II 

.12 
. 12 
•13 



Miles. 



ioo_ 
no. 

I20_ 

130- 

140. 

150- 

i6o_ 
170. 
i8o_ 
190- 

200_ 
2IO_ 
220. 
230- 
240- 
250 
260. 
27O- 



Per 100 
Pounds. 



$0 



Applicable to all roads other than those heretofore allowed percentage above 
Commissioners' Standard Tariff. The roads heretofore allowed percentage above 
Standard Tariff shall, in applying this tariff, be allowed same percentage. 



50 . N. C CORPORATION COMMISSION. 



Relation of Railroad Companies to Freight and 
Passenger Tariffs. 



The railroad companies doing business in the State of North Carolina will be 
allowed to apply the Standard Freight and Passenger Tariffs for the transportation 
of freight and passengers in accordance with the following table: 

ATLANTIC COAST LINE RAILROAD COMPANY. 

Wilmington and Weldon — Main Line, Wilson and Fayetteville Branch, Scotland 
Neck Branch, Tarboro Branch, the Norfolk and Carolina Branch, Wilmington, 
Columbia and Augusta Branch and the Petersburg Branch will apply Passenger 
Standard Tariff. 

Albemarle and Raleigh Branch, Nashville Branch, Washington Branch, Atlantic 
and Yadkin Branch, Wilmington and New Bern Branch, Cheraw and Darlington 
Branch, Midland Branch and the Southeastern Branch will apply passenger tariff 
as follows :" 

First class, 3}^ cents per mile. 
Second class, 3 cents per mile. 

CLINTON BRANCH. 
Warsaw to Elliott, first class, 25 cents; second class, 20 cents. 
Warsaw to Clinton, first class, 40 cents; second class, 35 cents. 



RELATION OF RAILROAD COMPANIES TO TARIFFS 



51 



< * I 

O o J 

b *~ ri 

— J g h 

rf .2 «" 

K g < 

"" > h 

uj 3 £ 

z -a 5 

s a a 



OOOOOOOO 
O to to lO to to to O 



000 
000 



•<*■ lO lO vo \0 



O fl 
^ 3 
0) 



0000 
0000 



000 
000 



000 

000 



000 
000 



00 On O O 



cm ** ^- no vo r^t-^r-^ 



8 8 8 



000 



0000 
0000 



H -5 






OnOOCM^nooOCOOOO 



LO to lO 



10 «o ' o 



£ 



» ^ » 

to 10 >0 no t~» t>» 



00 00 CC On On On On 



» ^ 5R 

On On On O O 



nO O* w co to 00 O 



CM fO co co <0 ■* 
Cm cm CM CM cm cm 



'*■ no no r-» 



NO X On 



10 to r^ 



On On O O 



! W 

i 
























CM 


CM 


" 


cs 


CM 


CM 


i « 

i 


■<*• 


10 


NO 


r^ 


00 


00 


On On 


On 


ON 


c 


G 


O 


a 


a 


a 


JR 


2 


1 


10 


NO 


t^ 


00 


On 





0. 


O 


a 


•£ ■£ •£ 


« 


2 


CO 


NT) 


CO 


■* 


-r 



to NO 00 On O 



cm nn^^nioiQin 



OC On On O O 



cm co co co co 



lO t-» On On O — CM 



NO CO On — PO 



tOtOI^I^CCCC ON On O O - — 



"* 


NO 


On 


a 


n 


UO 


00 


O 


O 


CM 


CM 


CO 


CM 


CO 
CM 


CO 
CM 

CC 


CM 

O 
CO 


O 

CO 


CM 


CM 
CO 


NO 
CO 


CM 


CO 


00 


2 


* 


NO 


00 




CM 


CM 


a 


CM 


«r 


NO 


NO 
CM 


00 
CM 


CO 
CO 



M* Tf «* 



91 en en 



(OtntfitntntnEntniecntetn 



'j -J y qj Xi Xi Qj V 1> '*J V ^ V '±> -s J V V XI h 



a s a 



a a a 



a a a a a a a 



too too too too IOO to 
■-1 h*cm cm coco^a-Ttoto 



no r^ r~ 



u0 o O O 

00 ON c -■ 



52 



N. C. CORPORATION COMMISSION. 



tO Tf IO 



U 2 



8 8 



lO <o IO IO 



m m m m 



Ph£ 



IO IO IO IO 



^ 



^ 



On 
CM 


O 
co 


o 


o 
CO 


o 

CO 


co 


VO 

co 


VO 

CO 


00 

to- 


00 
CO 



















^ 


^J 












P 


fM 


CO 


CO 


-* 


-* 


lo 


IO 


u-> 


IO 


vo 


t^ 


CO 


ON 


o 
CM 


















^ 


^5? 


^ 










o 


in 


vo 


VO 


r^ 




CO 


CO 


00 


oo 


00 


o 


o 

(N 


CN 


CM 



^ ^ 



vo 


O 


a- 


ON 


o 


o 


o 


o 

CM 


o 


o 

CM 


c£ 

o 


CM 


CM 


CO 


Tt- 


IO 


CO 


CO 

cm 


Cm 


«* 


LO 


VO 

CM 


VO 


R- 


cm 


00 
CM. 


ON 
CM 


o 

CO 


co 


CO 


Tt 


r-» 


00 


00 
CM 


On 




s, 


O 
CO 


f 


CO 


CO 


CM 
CO 


to 


CO 


lO 
CO 


CO 


CO 


LO 

CO 


VO 

CO 


CO 


On 
CO 


o 


O 


2? 

o 


f 


>* 


- 


CO 


Jfr 


3 


M 


-3- 


5 


vO 






co 


00 

-* 






o 

lO 


LO 


iO 


to 

IO 


3 



lO IO IO IO 



e a 



a a a a a a 

o o o o o o 



a a a a a a 

o o o o o o 

O m N ^ \o oo 



RELATION OF RAILROAD COMPANIES TO TARIFFS. 



53 









t>- 


oo 


ON 


ro 


CO 


** 


■JO 


t-^ 


£• 


t- 00 


00 


ON 


0* 


0> 


2' 


o 


o 

CS 


o 


M 


o'a'S 


§S« 








































«««J3 


d « 








































n CO tfi 


Hfcg 








































o 












































cJ 






^ 










** 


:s 


SR 




>st 










^ 


«x 


& 






ID 


IO 


r^ 


on 


o 


a> 


o 


o 


N 


N C) 


rr, 


rO 


^r 


<o 




io 


m 


uO 


IO 






ta-S 




















































































a 




'u A 








































2; 

P 






aft 
■ti u 








































o 
o 




f-> 










































V 

a 


^ 


iS 




>? 


^ 


X 


H? 






^t 


X 


^ 


3? 


ffS\ 


^■t 


>x 






s? 


s< 








IO 


LO 


m 


•o 


10 


vO 


00 


oo oo 


oo 


00 


00 


00 


CO 


00 


o» 


ON 


o> 


w 




*i 








































CO 




Ofr 








































w 




3 








































o 




H 








































H 




^ 


^ 




itf 


\? 


^ 


^ 






1* 


^ 


^ 


^s 


3\ 


>R 


^s 






J* 






°*,d 


■* 




iO 


LO 


IO 


IO 


IO 


NO 


oo 


00 00 


CO 


00 


00 


00 


.oo 




o\ 


o\ 


ON 


























































































> 




rfS 








































B 




o a 









































ug .a 1-, i £ 
IB W CS H O 
CO 0CB5 -J °* 



lis 



io to io io 



k o a i_ 
g .-a g H a 

H-3 gufti 



vo r^ r- 



fidofli 



§' S !n8 



iR ^ ^ JSt 



^ >S Si ^ ^ >£ 



» 



flS 1 



1U 

-ass a 

a3W 

o c w 



a u tn 

-Oh a 
a .a 
o«o 

O CO o 

opq o 



a u o 
q. y q «n 

(jPn lo'd 

m a' .- 5 
u 8 • 



IO iO IO iO 



r-~ 00 



54 



N. C CORPORATION COMMISSION. 







u> - 








^ 


^ 






^ 


^i 






^ 






ceo, 
in 
ead 
rees 

IOO 

ds. 


M 


8 


0! 


1*3 

CM 


(S 


-3- 

CM 


CM 


CM 


<N~ 


LO 


K? 


LO 
CM 


10 

CM 




5«*-"ja v a 






























Tob: 
Lea 
Hogs 
or Ti 
Per 
Pou 




























































aj 




















^ 




^ 








«.s 


t^ 


C7> 


o» 


O 









CM 


CM 




CO 


rO 














(N 


CM 


CM 


CM 


CM 




(N| 


CM 


CM 






cri 

Q 
































'C ? 
































..H IU 






























z 


P.O. 






























o 


Cfi u 






























o 


3 






























o 

o 


H 






























aj 


^ 


^ 




►s: 


ist 


^ 


^ 






^ 


^ 




i^ 






B 


ON 


C?N 








O 





O 
















ti 


ti — 
































Is 






























of 


fie- 






























W 


3 






























o 

H 
03 


h 






























In . 


JS 


^ 




^ 


^ 


^\ 


^ 






^ 


* 




^ 






C8.C 


On 


O 








O 


"b 


O 










CM 






•J 


Ho 






























« 
































> 


o*E 






























<J 
































fe 


P4 cB 






























sses, in 
sheads 
arrels, 
L-, Per 

ounds 


00 











O 





O 


O 


O 


M 


„ 


CM 


fM 








CM 


CM 




CM 


CM 




CM 


M 


CM 


CM 






awsoS 


























































•ood, C. 
Cords 
mum, 
Cord. 





10 


10 


O 


O 


LO 


LO 


O 


O 


LO 


UO 


O 


O 






10 


LO 


\o 


NO 


NO 


NO 


t^ 


r-~ 


r^ 


t~^ 


CO 


00 




p °'S «- 






























« M .S « 






























.fa r5f^ 






























Fertilizers, 
C.L. 20 ooo 
Pounds Mini- 
mum, Per 
Ton, 2,000 
I'ouuds. 

















IO 


O 


IO 


O 


>o 


O 


LO 











<0 


^r 


•J-> 


lo 


NO 


NO 


t-^ 


r- 


00 


00 


ON 






CM 


CM 


CM 


IN 


CM 


CN 


CM 


CM 


CM 




CM 


CM 
































o'S . ~ 


^ 


>S 


V? 






^ 


►St 


^ 


N\ 


^ 


« 








nflkiO 


^£ 


s 


s 


>o 


LO 


CO 


CO 


CO 


CO 


On 


55 

On 


8 


O 
O 




C. L- 2 

Pounds 

mum, 

Ton, 2 































"8 Si 

(LI «S 





10 


LO 





O 


to 


to 


O 





IO 


LO 





O 




to 

U 


rO 


ro 




^f 


** 


■a- 


LO 


LO 


LO 


IO 


NO 


NO 




O 3 <U 






























a cstfi 






























• 


no 


00 


00 


ST 


o\ 


(N 


CM 


3 


"$ 


to 


to 


VO 


NO 




.Sfe-o 


N 


CM 


CM 




CM 


CO 


CO 


«o 


CO 


CO 


(O 


CO 




.p< 






























a -S 






























omo 






























ijUdi 




























































O cfl 






























ypq 






























, Com- 
, Per 
25,000 
nds. 


8 


vS 


O 
VO 


LO 
CM 


O? 


LO 

CO 


00 


in 


JO 


to 




LO 


O 

LO 




LO 




lo 


lo 


•A 


NO 


>o' 


no" 


vo' 


tA 


r^- 


t^. 


t~l 


!>. 


t^. 




» 




























MO 3 






























Dojo 




























































CO 




; 












' 


' 












w 






























l-J 


| 


j 












1 


j 












S 





g> 


d 


O 


vS 


R 




CO- 


Sn 


O 



CM 


d 





4 




00 



SOUTHERN RAILWAY COMPANY. 55 



Southern Railway Company. 



Atlanta and Charlotte Air- Line, Charlotte, Columbia and Augusta, North Caro- 
lina Railroad, Piedmont Railroad, Western North Carolina Railroad (Salisbury to 
Old Fort), Western North Carolina Railroad (Asheville to Paint Rock). 
Tariff as follows : 
Passenger — Commissioners' Standard Tariff. 
Freight — Commissioners' Standard Tariff. 

OLD FORT TO ASHEVILLE. 

Freight— May add 10 per cent to Commissioners' Standard Tariff. 

WESTERN NORTH CAROLINA RAILROAD (Murphy Division). 

Passenger — First-class, 3^ cents per mile. 
Second-class, 3 cents per mile. 
Freight — May add 25 cents to Commissioners' Standard Tariff. 

ATLANTIC, TENNESSEE AND OHIO RAILROAD. 

Passenger — Commissioners' Standard Tariff. 

Freight— May add 10 per cent to Commissioners' Standard Tariff. 

ASHEVILLE AND SPARTANBURG RAILROAD. 

Passenger — Commissioners' Standard Tariff. 
Freight— May add 25 per cent to Standard Tariff. 

HIGH POINT, RANDLEMAN, ASHEB0R0 AND SOUTHERN. 

Passenger — Commissioners' Standard Tariff. 

Freight— May add 10 per cent to Commissioners' Standard Tariff. 



56 



N. C. CORPORATION COMMISSION. 



ft 
en 

a 

O 



to k 

a I 

1 - 

§ « 

8 S 

w 

« 
fa 



< Q 
o 2; 

•J p 



« 8 

PL, N 



* d 






,2 >o io 



t^ o « 



N Tj- VO 



O ■<*• vO 00 



rf.0 * 



5 8 'g a 

list 

fe H a- H 



CO 



U J-i 

a ft 



a 


fl 


0) 


0) 


a 


o 


* 


CO 


CO 


m 




W 


$ 


r5 


cti 


o 


o 


73! 


43 


G 


CO 


U 


Sh 


O 


fa 
1 




i 




H 




o 




fe 




w 




en 




r/J 




-0 




fa 











8 


o 
o 








Ph 


ft 


t^ 






Otn 












3° 






















jg 




8 


o 






« 9 


o 


00 


(> 






O O 












*8 






















H o" 




8 


o 

o 








55 


4 


o 






*8 

« o 


g 


2 >o 


o 






a 


is o 


a 






Q 


a 




"V 






P 
O 
Pn 












»-> 


tn^ 


00 


• 




8 




o 








E4 














^vo 








K 


H 










b 




o 




















% 


(fl M 








Ph S 




o 










w 


is" 


t^ 


i 
1 






tn" "^ 


«o 








Q 












r^ 








o 


ti 




















« 


3 








Q 




o 








< 


t5 


VO 






P 






















o 


o 


a" 3 


f^ 






8 




u 


















p< 


lO 


2* 


r^ 


1 




p< 












•<*■ 


ai* 3 


o\ 






















o 




: 






ro 


■2°° 
o 


H 


i 














o 




fS 


as 


fo 


i 


o 




























t^ 




m 








M 




aJ 






u 






sw 












M 












c3 












f 












H 






3 


•8 




a 




a 


a 




C5 




3 


s 




9 






s 


o 




fa 


c 




1 

1 

V 

> 


8 

1 

a 
u 





RELATION OF RAILROAD COMPANIES TO TARIFFS. 



57 



NORTHWESTERN NORTH CAROLINA RAILROAD. 

GREENSBORO TO WINSTON. 

Commissioners' Standard Tariff. 

WINSTON TO WILKESBORO. 

Passenger — First-class, 3^ cents per mile. 
Second-class, 3 cents per mile. 
Freight — May add 25 per cent to Commissioners' Standard Tariff. 

NORTH CAROLINA MIDLAND RAILROAD. 

Passenger— First-class, 3% cents per mile. 
Second-class, 3 cents per mile. 
Freight — May add 25 per cent to Commissioners' Standard Tariff. 

OXFORD AND CLARKSYILLE RAILROAD COMPANY. 

Passenger— First -class, 3% cents per mile. 
Second-class, 3 cents per mile. 
Freight — May add 20 per cent to Commissioners' Standard Tariff. 

OXFORD AND HENDERSON RAILROAD COMPANY. 

Passenger— Standard Tariff. 

Freight— May add 20 per cent to Commissioners' Standard Tariff. 



YADKIN RAILROAD. 

Passenger — First-class, 3% cents per mile. 
Second-class, 3 cents per mile. 
Freight — May add 25 cents to Commissioners' Standard Tariff. 



58 



N. C. CORPORATION COMMISSION. 



a 

u 

CD 

n 

a 
o 

CO 

CO 
CO 

a 



■is co 

CO fc 

» o 

CO ^ 

c3 C 

■?■- 



fe 



H I 



Pk fe 



T3 C/! 

ctf *o 



"•a 

a c 



IO m LO m 






in UO in in 



m m m m o 



to to Tf ■* in m vo 



m m o o m 
vo vo t-» r-» t-» 



■<*• m to vo vo t~» 






oo ov o 



CI to to m in vO vo r^ r-« 



00 C\ CN O 



vO PI -*J- in vO 



m in vo vo 



vo oo o o 



CT> P» P) P> Pt fO 

IN to to to to to 



00C0ONOO , -' > - ,t - < 



u-> r^ oo o* o 



N P» totO*tf-''*"inu->minvOvovO 



m m m m vo vo vo 



m t> r-~ oo on o 



to to W) to ■* •* 



m i-^ oo ov o >-i 



VN to tO ■* 



m m m in vo vo vo 



tOTj-VOvOOOOO o o 



PI PI P) 



voOTTinvooooocviD 



tt in m vo vo i-^ r-» 



p»vot^»o\>-i<NNininoooooop)dro<o 



p«p<p)p»P)Plplto 



to to to to 



•<*■ f- i-» o 

■$• Tf •>*• lO. 







V 




a-i 


<u 


U 


V 


OJ 


OJ 


u; 


V 


u 


<u 


a; 


<L> 


<v 


V 


<u 


T) 


T) 


Tl 


T3 


Tl 


*J 


T3 


■a 


T3 


T3 


T3 


TJ 


T3 


T3 


T3 


T3 


X3 


T3 


T? 


C 


s 


a 


a 


3 


3 


3 


3 


3 


3 


3 


a 


3 


3 


3 


3 


3 


3 


3 


3 


3 


3 


3 


3 


3 


3 


3 


3 


3 


3 


3 


3 


3 


3 


3 


3 


3 


3 


Tl 


Tl 


Tl 


T7 


T3 


T3 


Tl 


-d 


Tj 


T3 


T5 


-a 


T3 


T3 


T3 


•G 


T3 


T3 


T3 


c 





O 


C 


3 


3 


3 


3 


3 


3 


3 


s 


3 


3 


3 


3 


3 


3 


3 



RELATION OF RAILROAD COMPANIES TO TARIFFS. 



5) 



■2« 

U O 



a a 

O 3 

*• o 



lO VO VO 



lO LO LO 








Si 

o 


a 


a 


■S 


<N 


IN 


£ 


■S 


CO 


CO 


"* 


t 






LO 


LO 


vo 


VO 


o 


a 


CI 


CO 


co 

01 


CO 
<N 


cO 


cn 


IN 










£ 


lO 

M 


lO 


VO 

IN 


VO 


tn 


J? 


00 


ON 


ov 


o 
<o 


O 

CO 


to 


CO 


CO 


co 


XT 
CO 


CO 


ro 


» 


co 


CO 


00 


CO 



CO CO 



CO co co 



5 5 3 



^ 



vO r-~ GO 00 Ov Ov O O m 



M <n ro lO Tf 

N CN CN CN m 



vo r^oOOO Ov Ov O m <n m "OfOroro^^iOiO 

.-.i-1-i.-i.-ir.CNrNNCNCNCNCNCNCvtCNNCN 



TT LO LO 



^ ^ X 

r^ r-» r-« oo co oo go ovov 



r^ oo oo o\ o> o 



LO LO VO vO 



rf ■"*■ lo lo vo vo 



Ov Ov O O i-< 



Ol Ct CO 



CO CO CO CO CO CO 



LO lo VO vO 00 



vo r^ co ov 



LO lO LO LO LO LO 



vo vo 00 CO 

LO LO LO LO 



u u u 



<u 


u 


<U 


V 


<u 


1) 


<u 




V 


<u 


11 




a; 










<u 


-a 


-a 


T3 


na 


T3 


-e 


03 


TJ 


T3 


13 


TJ 


•o 


-a 


T) 


•n 


T) 


TJ 


•o 


a 


a 


a 


3 


a 


a 


c 


3 


a 


a 


a 


a 


3 


3 


a 


3 


a 


3 


a 


3 


3 


a 


3 


3 


3 


3 


3 


a 


3 


3 


3 


3 


3 


3 


3 


3 


•o 


-a 


T3 


T3 


-d 


T) 


T> 


tj 


-o 


d 


T5 


t3 


TJ 


T) 


TS 


TJ 


TS 


Ti 


a 


a 


a 


a 


a 


B 


a 


a 


a 


3 


a 


a 


a 


a 


3 


3 


a 


a 


cd 


crj 


rt 


<rj 


CO 


crj 


cd 


crj 


cd 


cd 


cd 


cd 


cd 


cd 


cd 


cd 


cd 


cd 


O 


O 


o 


o 


O 


O 


vS 






§. 


o 


o 
















J^ 


M 






LO 


r^ 


do 


CN 


IN 


CN 




cn 


LO 


vo 

IN 


CN 



60 N. C. CORPORATION COMMISSION. 



Seaboard Air-Lir>e Systen). 



SEABOARD AND ROANOKE RAILROAD COMPANY. 

Freight— ~~ \ Commissioners' Standard Tariff. 

RALEIGH AND GASTON RAILROAD COMPANY. 

Freight— ~ \ Commissioners' Standard Tariff. 

DURHAM AND NORTHERN RAILWAY COMPANY. 

Passenger — Commissioners' Standard Tariff. 

Freight — May add 20 per cent to Commissioners' Standard Tariff. 

RALEIGH AND AUGUSTA AIR-LINE RAILROAD COMPANY. 

Passenger — Commissioners' Standard Tariff. 

Freight — May add 15 per cent to Commissioners' Standard Tariff. 

CAROLINA CENTRAL RAILROAD COMPANY. 

Passenger — First-class, 3£ cents per mile. 
Second-class, 3 cents per mile. 
Freight — May add 30 per cent to Commissioners' Standard Tariff. 

ROANOKE AND TAR RIVER RAILROAD. 

Passenger — Commissioners' Standard Tariff. 

Freight — To Classes 1, 2, 3, 4, 5 and 6, may add 20 per cent to Commissioners 
Standard Tariff. 
To Classes A, B, C, D, E, F, H, K, L, M, N and O, may add 10 per 

cent to Commissioners' Standard Tariff. 
To Class B apply Commissioners' Standard Tariff. 



RELATION OF RAILROAD COMPANIES TO TARIFFS. 



61 



< 


<x> 


a. 


»r3 


2 


2 


O 




o 


(D 




a, 


< 




o 


fl 


cc 


0) 




CO 


< 




cc 


CO 
CO 


CD 


ctf 


CC 


V 


=3 


HTS 


00 


a 


CO 


o 




a 


=3 


CD 


O 


CQ 



in 




CI.) 




a 




on 




+3 




a 




8 


CO 


^ 


£ 


r. 


o 










rtf 


O 






a 


rr 


m 


a 


u 


5d 


fa 


s- 


1 


a3 


03 


H 


H 


1 


3 


H 


Sz; 


w 


w 





r/j 




CO 


w 


< 


« 



Ph fa 







8 


o 




p- 


lO 


VO 


Q 








< 








O 








J 




8 


8 




* 


o 


& 


Ox 


o 








pi 








w 
Ph 


fc 


8 


o 
d 


*8 


»■*. 


00 


a 




% 




W O 


y2, 




* «r 














^ 


°°i 


w 


i2 "* 

CI 


Tr 










ei g 

Wo 




«•:*> 


O^ 


P" 0. 




o 










N 


OS J 


P- 




- 1 


w pa 


o 




fc PQ 












^vO 


^ 




W 


O 






tfl "* 


>o 




C 


o 












d 


o 




P2 


«5 "> 


VO 






o 




en 




«5 "> 


»o 


a 


«c< 


zi 




& 


















p. 


<c 


«••"> 


t~- 


8 




u 




at 
w 

p. 


u~. 


i" 


f^ 


•«T 


C/,* 3 


O 






o 






tn 00 


M 














u 






»2 


fO 














o 














y 








s 






Cvl 






> 












U5 






u 


00 


u 
•a 


CU 

s 






3 


z 


s 


•d 




tj 


C 


71 


a 




a 


HI 


<u 




.~ 


fl 




a 


V 




n 


> 










> 


fe 






CO 


H 



w 



< 


efl 




o 


H 




< 






cs 


rt 
T3 




DC 


fl 




o 


* 




I J.) 






cs 


"co 






CD 

S3 


00 




O 


o 



§ to 

H 
H 

as a 

Ph fa 



8 . 

1-1 in 

g3 


CK 




oo 


p. 












o 


o 


«. 


Ph 




o 


05 








■i 




«» 




o 


8 


8 




^ 










«° 




8 


o 
o 


p< N 


fc 


o 


r4 






ii 








o 


in 


« ° 


r*. 


o 


M 














(J 


o 


s 


ph <r 




o 










00 




M 




S «5 










«<* 


o 


as & 




y 




W O 








p. p, 












05 ° 


t^ 




fc 


ti 




p< jj 


6. 


cn^S 


00 


Pm P5 












»i °^ 


to 




w 


O 








00 




p 


O 






t/j 00 


o* 




a 


O 








c« 




P2 




►H 


o5 

Q 




w 




< 




o 


p 














o 










vO 










o 




o 








Ph 


ID 




to 










Tj" 


u 


I 




























w 




n 


CO? 


w 














CJ 
















CJ 


« 








J 








> 
















V 


en 






* 


U 




Wc 












S5 
< 




T3 


V 




a 


> 




3 


o 


tn 




T3 


•d 


Q 




3 
cd 


3 








>. 






> 


3 






<u 


V 






& 


& 






H 


H 



62 



N. C. CORPORATION COMMISSION. 



< 


9 


o 


o, 


cc 




_l 


+3 




0) 


< 


cc 


o 




~tN 


o 


CO 


cc 


„ 




CO 


CO 


173 






1- 


O 


H- 


H3 


0- 


O 




O 




OJ 




CC 



a> 




a 




Of) 




+J 




C 




CU 




CJ 


nf] 


^ 


b» 






» 









Rj 


o 




<4-H 


a 


on 




ad 


;-. 


5tt 


fc 


^ 


1 


as 


« 


H 


u 


1 


S3 


H 


ft 


ffi 


W 


rh 


7? 




02 


W 


«! 


« 


Ph 


S 















i--. 




A 


p- 






<! 








O 








►J 
















« 


o 


o 


O 


<! 




o 


O 


U 








* 




o 

o 


8 


a 


y A 


o 


6 


« 8 


§ 


y 


§V. 




,/ o 




w O 


)4 




r^ 


b CM 




'J 








.,^ 


^ 


is 


w 


u 


ti- 
















So 


M 


y 






Ph 




T> 


0* m 


















W 


y 






»^ 






Q 




















t^ 




O 


y 












M 






•jj 




y 






m vo 


VO 


Q 


<j 




Z 




y 




£> 









C 


vO 


r -« 


f^ 










o 








of 
w 

Ph 


u-5 


y 


t~- 


•<r 


x^ 


o 






y 








M 




to 


y 






• CM 








y 






. „. 


^ 






y 










c 










cri 

w 






> 


u 




J 




2; 






(LI 


< 






> 


H 






o 


til 




s 


TJ 


Q 




"3 


a 








CtJ 






3 










V 






u 


JS 






"a 


a 








V 






1 


> 








V 








* 






/! 


H 



-t 


CD 


© 


A 


CC 


CO 


_ 1 


fl 


< 
cc 


0> 

o 




CO 


o 




h- 


CO 


1- 

UJ 


c3 


s 


o 


_ 1 


T3 


< 


d 


0. 


O 




a 




QJ 




w 



u 




<D 




Ph 




W 




-M 




c 




cu 




o 




-tr> 


QQ 


CO 


fc 


no 


o 


Bfl 




efl 


o 






o 


03 


-!-=> 


* 


V) 




In 


Sfc) 






M-i 


(-i 


j 


«S 


M 


H 


W 


! 


C5 


H 


£ 


n 


W 


rh 


r/) 




r/> 


W 


<l 


« 



Ph &H 



0* O t/j 
W O CQ 


04 


W fO 


r~» 


^ 


00 


PL, M J 














O, 


o 
o 


o 

o 


O 


8 








t^. 


t^ 




o J 

f 8 




<*> 








o 


8 


8 


3 


• 8 












OS o 




«© 








< o 


Sq 


o 
o 


8 


o 

VO 


o 






>o 




CT. 


o 














Pi g 


§ 


o 


S, 


c 


o 

CM 














►4 


£ 


o 


to 


v8 








l>. 


oo 


^ 


a 

!5 


M 








P 






















Ph 












H 














CJ 








O 












Pi 

a 
a. 


M 


a* 

y 


s 


u-> 


J^ 


OS J 


fc 


ai °^ 


VO 


O 

CM 


s 


p«S 










1 








<7\ 


M 


^ 




w 


o 












t^ 


oo 


Ov 




Q 












a. 


_ 


M 




u 


u 










« Tt 


00 


o 


M 




CQ 




•- 1 


1-1 






CJ 










a* 


oo 


o 


o 


Q 


<j 




•* 


M 


Z 
























o 

0. 


\o 


u!^ 


oo 


o 


3 


8 




y 






1 


a; 

Cd 


lO 


x" 5 


o 


M 


rO 


Ph 
















,-, 




r^ 




>«J- 


y 










• t^ 


WJ 


t^ 


o> 






y 










,«.oo 


lil 


oo 


CM 






























y 












r- 










y 




CM 


CM 








i 


y 


° ! 

y 
y ! 








V 


a 


M ! 








B 


a 


CO ! 








V 


u 


i- ! 














o5 
a 
o 




V 

•a 

c 

3 
■0 


u 

> 
o 


U 

> 
o 

-d 

a 


> ', 
o ! 

n ! • 
« j 


t« 




C 






Q 




rt 







y j 
























s : 








tn 


a 










a 

y 
y 

M 








u 

V 


a 

a 
u 


y a 

& a 






H 


frH 


CO 


H 



RELATION OF RAILROAD COMPANIES TO TARIFFS. 



63 







1 ° 


lO 


m 


« 


o 

CM 


&~ & 












tn M 












t/j 










X 


a u& 

C cu — 


CM 










30,0 












i-J o 
























Bui 




^ 


^ 


^ 


2R 


CS 


CS 


cs 


CS 
















00,0 












« 2 












o 




o 












r>. 




t^ 


00 


B CO 05 


00 


o 


CS 


CS 


CS 


O _ V t-.Q 












■wa-^s 
























o 




o 


8 


o 








Ph 


o 


o 


O 


o 


o 

•a 

CCS 
O 




-~ 


VO 


*** 


f^ 


00 


O 


o 

o 


O 
O 


8 


8 


o 
o 




ft 


*"" 


00 


oo 


ON 














1* 

CO 


to 


o 
o 


o 
o 


8 


8 


o 
o 


U 






oo 


OV 


Ov 


o 




s 


vg 


o 


o 

00 


o 


m 

Ov 


ij 


o 


.8 


o 


o 

00 


m 

00 


8 


m 


«*• 


'm 


vo 


t-» 


00 




ON 


N 


N 


to 


00 












































M 








to 


T 






1-1 


** 


M 


H 


• 




ON 


o 


CS 


to 


^ 


V-O 


fc, 












£« 
















W 


vO 


o 


o 


s 


(S 


Q 


* 


m 


VO 


VO 


t-^ 


- 


VO 


vo 


>R 


















m 




SB 








•a 






VO 


r^ 


t^ 


00 














c 

3 


« 


« 


vo 


t^ 


t^ 


00 

1 
















Ph 


m 








2? 




8 




iD 


VO 


r^ 


r-» 


Ov 
















m 


vO 


t-» 


oo 


oo 


ON 1 


u 














PM 




























* 


r^ 


o\ 


o 


s 


2 ! 


« 1 


00 


o 


„ 


CS 


■* i 




1 




** 


1-1 


M 


w 


CS 


o 


_, 


(VI 


to 


>n 








" 


" 


" 


H 


M l 


o 


CS 


fO 


? 


VO 


a 












CU 












m 












*c 
























ii 




8 


en 




T3 


a 

o 


CO 
<v 
►5 


u 

a 


a 

o 


c 
o 
•a 
a 

W 


<U 

CO 

as 


•s 


»ITW | 


■<r 


vO 


o 


2 


ON 



Aberdeen. 


- 


mo inmo ininmo 

rOfOOOVO mtOM H M 




* 


mminino mo o m 

TTtOONI^VO Tt W M M 




> 

CO 
•4 


- 


momoommo 1 
cs csj r» m ^- ts m m i 




" 


mmmoooom 1 
cocsoovomtocsd 






^o 

o 

c 

3 


»N 


o m m m o o o i I 
CS m vo «r »o CS ^ l 1 




- 


o o m m o m m i t 
en cs t^ m -q- cs « i t 




a3 

O 

i- 

a 




CS 


o m in m m o ! i i 
t cs m ro cs m i i i 

! ' ! 




« 


o o m m o m i i i 

m to vo ■* to >-> 




a 

« 

1* 
11 

a 


M 


o o m m m i i i 

m <o Tf cs •-> i 




" 


o o m o o I 
vo rr m tn cs 




ca 


CS 


m o o m i i i 1 i 

vo m to !-■ 




- 


m o o o ill 
r^ vo t cs i i 




js" 

o 
o 

V 

-d 

a 

3 
Q 


cs. 


m o o i ! ! 

oo r^ cs i 






m o m i i 

ON 00 CS 




•6 

a 

V 

t« 
a 
is 


cs 


o m i i i i i i i 

O 00 1 1 1 l 1 1 

*** 1 1 1 1 1 1 1 




| « ON 

1* 1 1 1 1 1 1 1 




d 
o 

'u 
W 


- J a ! ' ! 1 1 ! i ! 




M 1 j° ' ' ' 




d 

o 
►d 

s 
W 


cs 


i 1 1 i i 1 i 1 I 




~ 


1 i i .1 I i 1 - 1 1 






(S 


I*! ! ! ! ! ! ! * 




» 


| j j | | I || | 




na^piaqv 




m<N - -<j-o -3-ovo t 
>->>-■ to CS CS >i « 






1 

1 

1 


! * ! *o ! i ! 

• | 1 i i I J i 

o 2 a -o ,o ^ p - - 

OTSoaSJagg 

Wpq.{hQc*hS»=>3 





64 



N. C. CORPORATION COMMISSION. 



•sqi ooi jad 'sxa-UBq 
m aunaadanjL s;u(dg 



. ^ >t SS J* ^ * 

,»> ro ro 10 vo r^ r-^ oo oo oo oo 



•rantmuiui sqi ooo'to 
'spanod ooi aadaaqiunl 



■** 



>S ^ 



» ^ ^ 



spnnod ooi aad oxsoh 



V 



^ ^ 



ro •«*■ m in r^ t~» 



•saiBq nt no}K>o 



«3 \£> 



fi •**• vO VO NO NO 






? o 



K O 

ft. Cm 



O N Tf 



O lO O 



r> oo On O 



ro ID lO iO 



00 On O M 



ro U-) lO lO iO 



i/> o to 

go o> on 



O ID lO lO >o lO 



tv t<» 00 ON o o 



O O O O iO iO 



oo O *o r-» r^ oo 



tt m >o \o vo vo 



n >r> t-^ oo 



^2 \o o> o 



CO rO Tf u") "0 lO 



a 


co 

o 


LT. 


VO 


t^ 


00 


oo 


o> 


o 


o 


o 


o 


u 


tn \o 


r^ 


00 


o\ 


o 


o 


s 


2 


2 


5 


ffl 


cri 


lO 


^ 


00 


o> 


o 


s 


2 


c* 


O 


c< 


oj 


in 


IO 


vO 


r^. 


00 


oo 


Ox 


o 


O 


o 


vO 


tS 


m 


*> 


00 


o 


o 


s 


2 


N 


2 


2 


ID 




00 


o 


s 


ro 


■w 


■y- 


lO 


m 


m 


•«r 


1 2 

1 CI 


t^ 


o 


fS 


ro 


lO 


VO 


r^ 


00 


00 


on 



£g0 

2 ON 



ct Tf in no r^ oo 



ro I/O t-> 0C On 



■* VQ 00 



rOO lOO UOO »CO 



UO p-i W 



-a 






u 


aj 


<U 


u 




U 


(LI 


a 


> 


> 




> 


> 


> 


> 


> 


P* 


3 


o 


o 


o 


O 


O 


o 


o 





o 


T) 


T> 


-0 


T3 


TJ 


TJ 


T3 


-0 


T3 


13 




H 


c 





G 


a 


a 


a 


a 


n 


03 


ca 


ctf 


09 


rt 


CS 


03 


ca 


03 


03 




(A 












to 


tfl 


m 


V 


V 


u 


V 


1/ 


(U 


u 


<u 


W 


u 


s 


a 


2 


H 


S 


a 


a 


a 


a 


a 


IC 












o 


in 


o 


£ 






c« 


n 


ro 


ro 


"* 







RELATION OF RAILROAD COMPANIES TO TARIFFS 



65 



o 
o . 




1 






^ 


































1 <2*> 
1 ° 


IO 


VO 


00 


ON 


O 


M 


M 


CM 


^ 


<N 


M 


ro 


t«3 


IO 


to 


to 


"* 




Pti 




































M ! 


a, 




1 








































Ph 


8 


8 


8 


o 

o 


O 

o 


O 

o 


O 

o 


O 

o 


8 


o 

o 


o 

o 


O 

o 


O 
O 


O 
O 


o 

O 


o 




8 8 


O 

o 


n« 


g 


vO 


vO 


VO 


r^ 


t>. 


t^ 


^ 


00 


oo 


oo 


00 


Ov 


o> 


Ov 


Ov 


O O 


O 


3 Q 




























































































































O 


o 
o 


o 
o 


8 


8 


O 

o 


o 

o 


8 


O 
O 


o 

c 


o 

o 


8 


o 

o 


O 
O 


o 


a 


8 


o o 
to 5 


O 

to 


Ov 


■6 


5 


2 


s 


r-0 


ro 


2" 


M- 


<* 


2" 


LO 


LO 


LO 


i? 


vO 


VO f^ 


r- 


ps 8 










































P* PI 


fe 


o 
o 


8 


o 

o 


o 

o 


O 

o 


o 

o 


O 

o 


8 


o 


o 
o 


o 

LO 


o 

o 


o 

LO 


8 


O 


O 
O 


c o 
O o 


8 




CM 


<o 


•cj- 


LO 


VO 


t^, 


t^ 


t^ 


fi. 


CO 


OO 


o 


o 


^; 


M 


rN 


































cs 




(N 












<S* 










































1 -3 


LO 


>o 


o 


in 


o 


\n 


o 


to 


o 


o 


O 




to 






































PI 










si 

« o 


3 


1 * 








































O 


LO 


o 


lO 


8v 




o 


LO 




o 


o 


o 




















t^ 




C?x 




















CN 




CM 


fcjj 


►4 






































. 1 












































M 












































W 


*r£ 




-^ 






s 


^ 










NS« 


















*i * 


IO 


tO 


VO 


VO 


vo 


VO 


f^ 


*•» 


t^ 


t^ 


Oi 


00 


o\ 






PI to 




O tfi 

° 


















































































p* § 
H5 


>-i 


to to 


vO 


oo 


o 


m 


LO 


LO 


LO 


t-^ 


-30 


00 





o 


o 


o 


O 
PI 




CN 


CM 










































p< p< 


a 


tO 00 


o 


IN 


T 


lO 


t>. 


oo 


00 


o 






fO 


<* 




to 




cc 


Ov 


O 




o 


















w 
















CM 








• CM 




LO 


VO 


oo 


ov 


to 




to 


^ 


00 


C7N 


o 


w 


PI 


tO 




VO ' 


ti. 


CO w 














w 


CV1 




PI 












CO c*> 


CO 


p< pa 






































' 




w 


WvO 


oo 




M 


PI 


m 


ic 








o 




_ 


M 


PI 


to 








o 




















PI 


(N 


PI 


CV1 


PI 


PI 


PI PI 


CM 


p 


to 










JS 


^" 




























o w 


LO 


VO 


VO 


VO 


vO 


\D 


r» 


r^ 


*"" 


t^ 


*"* 


00 


Ov 


o 


E 


PI to 


t 


u 


tO vO 


^ 


oo 




O 


. 


VO 


VO 


i^- 






Ov 




M 


PI 










u 


























PI 


<V| 


PI 




CM 


CM 


PQ 




r*» 


Ov 


s 


rO 


Tf 


s? 


LO 


m 


LO 


LO 


LO 


v£ 


r^ 


ON 


O 

PI 


PI PI 


CO 
CM 


Q 












































<3 


J2 to 
o 


f-N. 


00 


0> 


o 


" 


LO 


LO 


LO 


LO 


LO 


LO 


VO 


« 


oo 


Ov 


o o 
PI PI 


o 












































Ph 

o 
o 


vO 




t^ 


oo 


Ov 


O 


PI 


LO 


LO 


LO 


LO 


LO 


LO 


VO 


r>« 


Ov 


O 
PI 




CM 


ro 
CM 




CB*0 






J 


P» 






LO 


t^ 












(N 








pj 


10 


tJ 




















PI 




PI 


PI 


PI 




p 


CM 


CM 


w 

pH 










































•<*- 


j2 oo 




<s 




lo 


r^» 




00 


o 


_, 


PI 






to 




^ 










o 




1-1 




M 


"* 




M 


PI 


PI 


VVI 


PI 


PI 


IS 


PI 


PI 


CM CM 


CO 




j2 o 


,,, 




1*. 










IS 








r^ 












% 




<o 


(J ~ 












CN 




PI 




PI 


<N 


PI 


PI 






CO CO 


« 


s« 




t^ 


o 


N 


<* 






r^ 




o 


PI 




3 




VO 










o~ 




w 


PI 


PI 


N 


N 


vN 


pi 




r<5 


«o 


to 


to 


to 


to to 


Tt 




« lO 


oo 


_ 


Tf 


f*. 


O 


o 


o 


« 




VO 


oo 


ON 


' O 


CM 


to 




r^ 




, 


1-1 
















ro 










"*■ 




t -<a- 


""f 


«5 










































u 










































fc 










































f! 
















































o 




O 




o 




o 




O 


LO 


o 






LO 




to 
















CM 






o*5 


<* 


* 


to 




VO 


vO 






K 


00 


Ov 







T3 


u 


u 


u 


U 


Ih 


u 


1^ 


u 


I* 


U 


u 


1_ 


J_ 


l-c 


u 


Lh 


Ih 












V 




V 


V 


OJ 


<u 


<L> 


V 


V 


V 


u 


1) 


V 


a 


vU 












> 


> 


> 


> 


> 


> 


> 


> 


> 


> 


> 


> 


> 


i> 


> 


> 


> - 






3 


O 


o 


o 


o 


o 


o 


o 


o 


O 


o 


o 


o 


o 


o 


o 


o 


o 


o 






TJ 


T3 


<T3 


13 


t) 


T3 


TJ 


T3 


>o 


-a 


T3 


•n 


T3 


•a 


T3 


'O 


•n 


T3 


T3 






n 


a 


a 


C 


a 


n 


C 


P 


a 


a 


a 


a 


a 


a 


a 





c 




a 






co 


C8 


a 


ca 


ed 


03 


C3 


CO 


ca 


ra 


rt 


a 


ct) 


C3 


ccj 


ccj 


B 


CO 


cd 






to 


to 


09 


to 


tO 


'Si 


to 


(0 


X 


M 


to 


VI 


to 




(0 


to 




































V 






0> 
































































































a 


a 


a 


a 


a 


a 


a 


a 


a 


a 


a 


a 


s 


a 


a 


a 


a 


a 


a 






LO 


o 


IO 


o 




o 









o 




o 


LO 






eg 


1/ 


^ Sv 










•"" 


M 






f3 






* 


LO 


lO 




VO 




t^ 


cc 


Ov 



(16 



N. C CORPORATION COMMISSION. 























PASSENGER TARIFF ABERDEEN 




c 
5 <u 
it 

CO 
tr. 

5 


A sh- 
ir oro. 


Ulan.' 


Pres- 
nalls. 


Cobles. Hulda. 

'■ 

I 


Sea 
groves. 


Asbury. 


Steeds. 


Ether. 


Class. 




I St 


2d 


1st 


2d 


I St 


2d 


! 

1st! 2d 


ISt 


2d 


1st 


2d 


ISt 


2d 


ISt 

cts. 

55 

40 
35 
30 
20 

15 
10 


2d 
cts. 

50 

35 
30 
25 
15 
10 
10 


ISt 

cts. 

65 
50 

45 
35 
30 
20 
15 
10 


2d 




56 
51 
50 
48 
46 

43 
40 
38 
35 
33 
38 
30 
25 
22 
20 
18 

13 
6 


cts. 


cts. 


cts. 

15 


cts. 

10 


cts. cts. 
20 15 


cts. 

30 
15 

10 


cts. 

25 

10 
10 


cts. 

35 

30 
20 
10 


cts. 

30 
25 
15 
10 


cts. 

40 

35 
25 
15 
10 


cts. 

35 

30 
20 
10 
10 


cts. 

50 

45 
40 

25 
15 
10 


cts. 

45 

40 
35 
20 
10 
10 


cts. 
60 


Ulah_ — 






» 


10 


45 
40 
30 
25 
15 






















. 




Hulda 






























































i 






lather 






















i 












Star 






















! 




































i 














Filo 






















i 


































! 
































1 


i 








, 






Eagle Springs 

Old Store 
























































1 














West End 






















| 




































i 














Aberdeen 

























1 






















1 





















RELATION OF RAILROAD COMPANIES TO TARIFFS. 
AND ASHBORO RAILROAD. 



67 



Star. 


Troy. 


Filo 


Candor. I 


°'-« *pH?|s. 


Old Store. 


West End. 


Pinehurst 


Aberdeen. 


xst 


2d 


ISt 


2d 


ISt 


2d 


ISt 


2d ISt 


2d 1st 2d 


ISt 


2d 


est 


2d 


ISt 


2d 


ISt 


2d 


cts. 


cts. 




cts. 


cts. 


cts. 


cts. cts. 




cts. 


















70 


65 


$1.10 


95 


80 


70 


95 


85 $1 


00 


90 $1 


10 $1.00 


$1.15 


$1.00 


$1.30 


$1.15 


$1.50 


$1.35 


$r. 7 o 


$1-55 


55 


50 


•95 


85 


65 


60 


80 


75 


90 


85 1 


95 


.85 


1. 00 


.90 


1. 15 


I. 00 


1-35 


1.20 


1-55 


1.40 


50 


45 


.90 


80 


60 


55 


75 


70 


85 


So 


90 


■85 


•95 


.90 


1. 10 


1. 00 


1.30 


1.20 


1-50 


i-35 


40 


35 


.80 


70 


5° 


45 


65 


60 


75 


70 


80 


.75 


.90 


.85 


1.05 


.95 


1-25 


I- 15 


1-45 


r -35. 


35 


30 


•75 


65 


45 


40 


60 


55 


70 


65 


75 


.70 


.85 


.80 


• 95 


.85 


1. 20 


I. IO 


1-35 


1-25 


30 


25 


.70 


60 


40 


35 


55 


5° 


60 


55 | 


70 


.65 


■ -95 


• 7° 


.90 


.80 


1. 10 


I. 00 


1.25 


i- 15 


20 


15 


.60 


50 


30 


25 


50 


45 


55 


50 


60 


• 5s 


.65 


.60 


.80 


.70 


1. 00 


.00 


r. 20 


1. 10 


5 


10 


• 50 


45 


25 


20 


45 


40 j 


• 50 


45 


55 


50 


.60 


55 


•75 


.65 


•95 


.85 


i- 15 


1.05 


10 


10 


•50 


40 


20 


25 


30 


25 ! 


40 


35 


45 


.40 


• 50 


.45 


.65 


.60 


.85 


• 75 


1.05 


•95 


_— 





.40 


35 


15 


10 


25 


20 1 


■35 


30 


40 


• 35 


• 45 


.40 


.60 


.55 


.80 


.70 


1. 00 


.90 










30 


25 


45 


40 I 
.5 ! 


55 
25 
.15 


50 


fin 


.50 
• 30 

.15 


• 65 

• 35 
.25 


.60 


.80 


.70 

•45 
.30 




• 90 
•65 
.50 
.40 

• 35 

.30 




1 05 
.80 










35 


• 30 


.50 
.40 
• 25 
. 20 


•75 
•55 
•45 
.40 

•35 
.25 


. 90 
• 75 
.65 

60 














.65 
•55 
.50 

• 45 
•35 

• 15 


















15 
























. 10 




•15 








! 




















• 15 


• 50 

• 45 
. 20 




































































____!____ 



























68 



N. C. CORPORATION COMMISSION. 



cs 


a 


cc 


m 


© 


-M 


111 


S3 




0) 




o 


Q 


CO 



h- « 



a, 




a, 




m 




~<~> 




a 




0) 




y 




-«n 


cc 


co 


2 


„ 


O 








£ 


u 


1*3 



A IH 



1 


ce 


1 


H 


W 


1 


ft 


H 


fc 


5 


w 


rt 


tn 




C/3 


w 


^ 


« 


fe fe 



•saNQOd 


ri 


eg" 3 


\o 


t>. 


00 


ON 


o 


- 


2 


ro 


3 


U0 


ooi -gad 


o 






















H 

°8 

« o 


p.. 


o 
o 


o 

uO 


8 


o 


8 


o 


8 


8, 


8 


o 

uo 


o 

o 






*- 


00 


00 


ON 


ON_ 


o 


o 


s 


~ 


2 


o 


8 


o 


U") 


o 
o 


8 


o 

c 


o 


O 
O 


o 

o 


8 


o 

o 


& 


OC 


ON 


E 


<s 

o 
o 


ro 
O 


ro 


*f 


2" 


^3 


>o 


fc 


8 


8 


8 


8 


8 


O 
O 


8 


o 

o 


o 
o 






& 




2 


2 


5 


"3- 


uo 


r^ 


ON 


ro 


U0 


§o8 




& 


o 




















§ 


ON 




CO 


ro 


>o 




r^ 


o> 


o 








& 


















CN 


CN 






















m 




ft. ft. 


j 


6 


l^ 


o> 






ro 




ro 


•* 


^r 


U0 

I 


c/5 




NP 




s 




2? 


iS 












M 




lO 


lO 


VO 


r^ 


CO 


On 


On 


o 


- 


" 


z 




o 






















& 


















































ft. 


»— , 


<B°° 


o 


« 


2" 


U? 


NO 


Cr 


On 


N 


iO 


r^ 


8 
































o 


CN 


Tj- 


iO 


r^ 


00 


On 


H 


iO 


,^ 


PC 


W 


















M 


CM 


CN 


ft. 




o 






















ft! J 

a x 


b 


xh 2 


2- 


-<f 


vO 


00 


C^ 




, ^- 


CN1 


r^. 


00 


ft « 
































co 




_ 


«M 


ro 


•* 


UT> 


^ 


ON 


„ 




W 


o 




























t>. 


oo 


GO 


0> 


o 


O 


„ 


«M 


ro 







o 




















"^ 


























u 


"C 


*■ 


00 


t> 


o 




« 


CO 


* 


m 


U0 






t^ 


o> 


H 


ro 


^ 


iO 


■C 


r^ 


X 


ON 




PQ 


o 


























^2 W 


t^. 


00 


ON 


O 


_, 


CM 


ro 


rf 


V) 


■o 


Q 
z 


«! 






















P 



ft. 


























vO 


«5 "> 


l-» 


00 


oo 


o 


CM 


fO 


3- 


iO 


NO 


- 


1 8 




o 
























iO 


NO 


oo 


o 


3 


2 


rO 


Tf 


m 


•r 


On 


CS 


&. 




























u5°° 


o 


CM 


-* 


ID 


f^ 


00 


ON 


CN 


iO 


r^ 






cj 




























CN 




r-» 






w 








„, 






u 
















CN 




CO 






Tf 


t"^. 


8 


<N 


^ 




oo 


N 


NO 


ON 






















ro 


ro | 






u 
























5 - 


JO 


M 


-*■ 


t^ 


o 


ro 






CM 


NO 1 








cn 


CN 






CO 


ro 


to 




* 1 






u 




















1 








1 






U) 


m 




m 




1 


03 








w 


ID 


V 


OJ 


u 


V 


V 


u 


W 


V 


































1 


3 


a 


£ 


E 


£ 


£ 


£ 


g 


E 








o 


lO 


o 




o 


lO 




o 


8 








«o 








CN 


ro 








a 






Ih 


u 


ll 


>_, 


u 


li 


u 


t^ 


u 








a; 


<l) 














«J 




u 






> 


> 


> 


t» 


> 


> 




> 






z 






O 


o 


o 


o 


o 


o 


o 


o 


o 





< 










W. 




in 




u 


Ih 




Ih 


H 




i_ 


o 


o 


o 


c 


o 


o 


O 


o 


o 


o 










O) 


(0 


(0 






Cfi 








Q 






V 


11 




,*j 


V 


<u 


9J 


(U 


u 


41 > 






a 


a 


£ 


£ 


£ 


£ 


£ 


£ 


g 


£ 


£ 






















o 








in 






N 


CN 


ro 


ro 


^ 


w> 










u 




u 


W. 


Id 


l-i 


In 


Ih 




(h 


Ih 






o 




















o 





o 


o 






fc 


fc 


b, 


fc 


h 


(s, 


fc 


fc, 


fc 


fc 


&. 



-r 


1* 


Q. 




z 


— 


O 


*" 


o 


X 


Q 


Oh 


<r 


CO 


o 


n 


OC 


(P 


-J 


O 






*f 


CO 


DC 


t» 


< 








z 


o 


< 


T> 


> 


PI 


-1 


o 


> 


o 




CD 



fa 




!-. 




a; 




P. 




en 




♦j 




2 




OJ 




o 




-*M 




'CO 




CO 




1 

E3 


05 


+- 


O 










, J' 





h 




1 


B3 


1 


f 


w 







f- 


a 


E 


H 


rt 


f/i 


>— . 


C/3 


w 


-^ 


« 



Ph fe 



RELATION OF RAILROAD COMPANIES TO TARIFFS. 



69 



■J a z 
. u o 



a 



« KB 



iO lO vo 



^Ft >S ^ ^ 



vo r^ 



Q 


a 


* 


LO 


vo 


t^ 


00 


00 


U 




"T 


lO 


r^ 


00 


Ov 


o 


M 


V) 


^* 


IO 


r^ 


00 


Ov 


o 


<i 




^ 


U-3 


VO 


t^ 


00 


00 


vO 




■* 


vO 


C^ 


00 


ON 


o 


UO 


«5 


IO 


*"* 


a\ 


o 


N 


ro 



■S3I1K 



k* W o W 



O T3 
en i_ 
T3 rt 



Q « 



"S3 ,c 
co a 



J ^ 



O 



» * w 

• r*> t» 

« % t 

-^ J 

■5 5 J 

B * S 

„ o3 ^ 

M S ■* 

^o ■§ 

* c 

d ^ 

b o -^ 

£ i SP 

e8 J § 

§ §-s 

1 Q U 

■+3 CO W 

eg ce o? 

° o * 

£ h4 ^ 

O 03 

** 2 * 

8 ffi a g 

c8 c3 .„ co 

i § J J 

•a '-3 go 
g ^ s 

-e to d a? 

5 ° * S 

c72 5 M 2 

» ^ fl CO 

CO w 9 $ 

* J -i 3 

a B--S 

.8 J «^ 

■*= „ t> ^ 

■a =§ <J ° 

.3 O 1 cX 

D • ^ 09 



^ o 



O J o 



Cvj 



70 N. C. CORPORATION COMMISSION. 

Class S— To Hendersonville— 



Toxaway 

Calvert 

Cherry field 

Selica 

Brevard 

Davidson River 

Penrose 

Blantyre 

Etowah 

Horse Shoe 

No single shipment less than 16 cents. 
Shipments to Horse Shoe at 5 mile rate 



Per Crate 
or Barrel. 


Per 
Car-Load. 


$0.12^ 


$12.00 


. 12 


11.50 


. II 


II. CO 


•10% 


10.50 


. 10 


10.00 


.09 


9.00 


.08 


8.00 


.07 


7.00 


.06 


6.00 


• 05 


5.00 



RELATION OF RAILROAD COMPANIES TO TARIFFS. 



7.1 



<f> 


%* 


Hi 


§ 


* 




X 


-^ 


1- 


fl 


QC 


o 


o 


z 


CO 


o 


»5 


z 


OS 


< 


O 


<r 


^ 


z 


fi 




o 


-J 


o 




1) 


rr 


CO 



FH 




CD 




ft 




B3 




~M 




fl 




<u 




a 




^ 


DO 


CO 


It 


aT 


o 






03 


o 



5t3 



1 


a3 


H 


H 


Ed 


1 





H 


fc 


M 


W 


c^ 


r/J 




CO 


w 


<l 


« 


Oh 


fe 









5 






IO 










1/5 




« £ 






00 


Ov 






M 






ro 


to 


w o 




J 


^J 


(^ 




CN 










CN 




Ph h 




fe% 






















W o pq 














^ 




w^ 




^ 




ti 


ai t^ 


00 


On 


O 


■- 1 


- 


CS 


CN 


CO 


CO 


**■ 


Pm M )J 




y 






















tfl 






















LO 






o 




O 




LO 


00 




VO 


o 


CN 


LO 


35 




i 


u~> 


vo" 


VO* 


^ 


^ 


00 


00 


o\ 


o 


o 


























°8 

p4 o 




o 












U1 










O 


LO 


t^ 




o 


l*"- 


lO 


CJ 


o 


t^ 


LO 






VO 


VO 


00 


OV 


ON 


o 


s 


N 


CN 


to 


2" 




o 


o 




















£ 




LO 


f^ 


CN 




M 




CN 


t^. 


LO 








r^ 


t^ 






CO 




l/~J 


t^ 


X 


Ov 


o 


























C>) 






o 


o 




O 


IT- 


o 


o 


O 


o 


8 




fc 


Js* 








ro 


'S- 






00 






o 

H 




& 


















CN 


CN 




00 


o 


o 


O 


O 


o 


o 




o 


LO 




Ph 


hJ 


& 








00 


























^ 




^s 




^f* 


iS 


^ 




M 


u 


VO 


00 


Ov 


ON 


o 


o 


" 


^ 


~ 




§g 




























t/j "~' 


Ov 


o 


LO 


O 


to 








^ 




3 5 


»-> 


o 










N 




CN 


CN 




CN 






































t^ 
















H 


o 






!N 


CN 




to 


to 


CO 


CO 


to 






• CN 








<S 


^ 








CN 


^ 


W P3 


% 








CN 


N 


w 




CN 


rO 


CO 


CO 


Ph - 




O 




























ON 


ro 


t^ 


ON 


M 


N 


rO 


^ 


U"> 


VO 




» 


t) 








































^ 




^ 




P 


tJ 


t^ 


oo 


ON 


O 




N 


CO 


CO 


•* 


•<*■ 






00 


ON 


O 


M 


N 


fO 


^. 


LO 


VO 


r^ 




a 


o 




































Jjg 




£S 


8 






pq 


u 


oo 


CM 


VO 


00 


ON 


2? 


O 


o 


CN 
















M^ 




^J 




^t 


Q 


«jj 


ffl r^ 


oo 


o 


N 


»o 


^3" 


-* 


LO 


LO 


sO 


VO 


fc 




o 






















D 


























O 
Ph 


















^ 




^ 










CN 


VO 


■OO 


Ov 


O 


o 






CN 


8 




u 




W 




M 


M 


M 


CN 




CN 


CN 


Pi 






























o\ 


CO 


r^ 


Cn 


M 


<S 


CO 


^. 


LO 


VO 


Ph 


LO 


o 


















CN 


W 








f-« 




r^ 






_, 


CN 








xt 


"5 






cn 


cs 




ro 


CO 


to 


CO 


CO 




,.; <^ 


CN 


t* 


vo 


» 


<N 


to 


xj- 




VO 


t-^ 




to 


y 










to 




to 


to 


CO 






• M 


^ 


04 




ro 


VO 




CN 


in 














CN 


ro 


to 


to 


to 


•* 






, ^- 






o 
























• <s 


VO 


m 


to 


r^ 


M 




r^ 




to 








u 










■* 


H!j- 


Tj" 


LO 










1 


; 


cn 


o 


O 






d 












u 






CN 




■* 


LO 




r^ 


00 


Ov 






13 


u 


i* 




i^ 


u 


1- 


i^ 


u 


u 


u 






V 


<u 


w 


V 


V 


<u 


u 


V 


V 


V 






n 


> 


> 


[» 


> 


> 


t> 


> 


> 


> 


> 


< 




3 


o 


o 


o 


o 


o 


o 


o 


o 


o 


o 




T3 


*J 


T3 


•0 


-d 


T7 


T3 


•d 


Ti 


-a 


-d 




B 


n 


a 


a 


a 


n 


fl 


c 


C 


c 


a 




rt 


cS 


cd 


rt 


cd 


CO 


cd 


cd 


ca 


CC 


a 










m 


05 




tc 


en 










Q 




W 


V 


U 




<u 


V 


(U 


V 


V 


V 


V 






a 


a 


B 


a 


a 


a 


a 


a 


a 


a 


a 






vO 


M 


o 

«N 


o 

C3 


^ 


o 


vS 


a 


o 

00 


s\ 


o 
o 



72 



N. C. CORPORATION COMMISSION. 





CO 


t 


r* 




o 


B3 


i — i 


+j 


o 


, i 


«w 


ad 


V) 


O 


a 




Stt 


in 


?- 


1 


03 


i 


H 


H 


1 


3 


H 


fe 


w 


W 


o 


r/3 


i— i 


50 


N 


< 


« 


PLH 


fe 



•nonoa 


VO 

en 


00 


•uiso-ji 


en N 


tO 


s;tJids 


09 <*} 


ID 


ff o5 

< Q 
OS 

« °. 
a o 

ft N 


fU 


o 
o 

4g 


o 
o 


o 


o 
o 

l/> 


8 


z 


8 


o 
o 


HP 

A. * 


% 


3 S> 


o 


►J 




o 

VO 


ai 

Q 

P 

o 

ft 

o 
o 

(X 

w 

CU 


M 


en c0 


lO 


- 




O 


W 




O 


H « 
ft « 


fo 


^ 2 


** 


en 


§ 

P 

o 

Cu 

o 
o 

Pi 

H 
ft 


H 


j2 ^ 


1 


p 




r-^ 


o 


j2 ""> 

01 


t-^ 


CQ 




| 


<J 


.2 io 


t^ 


vO 




t^ 


iO 


to vo 


00 


>* 


«5 t^ 


2 


ro 


j3 00 


a 


esi 


« ON 


rO 


- 


o M 


m 


CO 

o 

H 
<4 
H 
en 




1 ** 

1 00 

' ffi 

3 « 


Hannon J 

Curriesville [ 

Hallison J 



5 * 


3 V) 

» p. 


VO 

en 

o 


oo 


o 


N 






o 


o 


o 












M 


Tj- 




Pi 


lO 








Q tn 












fp 

3 '5 












o 


8 

00 


o 
o 

o" 


o 

o 


8 












° 8 












* o 






















H o 




O 


o 


8 












o 




a 


o\ 


M 


N 










M 


H 




5 tn 

goo 

H 8* 

* n8 
w o 

Cm ft 


a 


8v 


8 


? 


O 


a 


»vc? 
O 




eg 


£ 


o en 

20 


M 


en 


vo 


VO 


VO 












^ B 




en oo 


o\ 


o 




gg 

ftp, 




"S 




M 


w 


H 








VO 
















CJ 








at j 




en w 


m 


t>. 


ON 


W CO 


fe 




M 


H 


1-1 


ft M 














W 


en oo 
o 


o 


2 


r<1 





i2 m 


t-» 


oo 


00 














a 


o 


00 


o> 


O 


CQ 


Wvo 


00 


o> 


o 


to 
























B 


•4 




t^ 


00 


ON 


p 




CJ 




















Cm 


vo 




oo 


e> 


o 


o 
o 




y 


















w 


m 


J2oo 


o 


<V) 


to 


C*i 

H 




u 


M 


M 


M 












ft 




^2 oo 




m 


VO 






o 


M 


M 


M 




en o 


■* 


r^. 








o M 




w 




eM 


« (s 


VO 




M 






o w 






P) 


- 


j2 "° 


3 




VO 


en 












W 












o 
S 






<n 


8 


i 


«u 






Ji? 


.73 




H 

en 






Fl 


a 


a 


Q 






i^ 


o 


iO 






73 




u 


u 






a 




> 


> 






3 


o 


o 


o 






13 


T) 


T3 


13 






n 


a 


a 


a 






CO 


a 


eS 


ed 






en 




ffi 








1) 
























a 


a 


a 


a 






lO 


o 


UO 


o 








•"• 


M 





RELATION OF RAILROAD COMPANIES TO TARIFFS. 



73 



< 






7? 


n 


o 
cc 






13 


en 
w 


-X 






73 


s 


< 






fl 


cc 






O 










a 




111 




>■ 


a; 


"-" 


H- 




< 


(/J 


2 


1- 




£ 






o 
-1 




-J 


a> 


to 


cr 




< 


•i-i 


O 


< 




QC 


fa 


Hi 


X 

o 

Q 
Z 
< 


6 


1- 
Q. 
> 
C5 
UJ 


u 

n 


to 
to 

5 

«4 

H 

H 

M 

o 

to 


< 


en 






X 

cc 


03 




CD 
CD 
03 


to 

•a. 


=3 


+= 




Q 


o 


<A 




a 


to 

< 












z 




I 







h 


o 

» 




o ' 8 




iz; 


o 

o 

o 




§ 


y 




a 


CI 




M 


id 10 

y 




W 






ft 


as « 

o 




W 


enoo 




Q 1 MW 




a 


tfivo 




n 


U3 vo 
tJ 




< 






vO 


to r-> 

y 




LO 


efiOO 

y 




-* 


u5 ct> 
y 




CO 


if, « 

y M 




CS 


en co 

y ™ 




M 


e/Joo 

y W 





Ul 



p2 

^ o 

09 «" 



P< o o5 

to o pq 




00 


00 


ON 


On 


O 


P4 


05 








M 


to m 3 




U 






















8 




to 


O 




y> 












^4 






to 
< 




«*■ 










O 


v§ 


v8 


(g 


3 


8 


to 




vo" 


ov 


O 


IN 


CO 


to 
















LO 


O 


lO 


o 






Z 


(N 


M 


»o 


o 








VO 


00 




o 
































£ fc 


E 




5 


o 






to h 




«» 


>-i 


M 


11 


ii 


u4 


<* 


cni 


00 














r^ 


t-- 








vO 


vO 


t^ 


00 




M 


y 










en 














Q 


























Z 




«2 


N 


UO 


vO 


f~. 


P 


•— > 










O 




y 










to 

8 

to 
w 
to 














tti 


a* s 


M 


lO 


r>. 


o | 








\^ 








O 


y 


•* 






r^ 


pi j 

to cq 


to 


o5<* 


S 


a 


rO 


LO 


a, to 


















ao'" 3 


VO 


t^ 


oo 


ON 




W 














y 
















» 








Q 


y 


'O 


lO 


VO 


*"* ! 




™-^ 


H^! 


HN* 


^ 


^ 




u 


«2 <* 

CJ 


lO 


^o 


VO 


*~" 1 






00 


o> 


o 


H 




P5 










1 






y 








1 




en" 


ON 


o 


M 


CM 


Q 


<i 






M 


M 


1-1 ! 


a 




y 








1 
















c 

to 










N 




vO 






« 


w 




8 




u 










to 

w 

to 




i °* 










LO 


tJ 














cs 




t> 


o 




"<*■ 


y 








(N 




• IN 


^ 


oo 


O 


CM 




rO 


y 












50 "* 


t^ 


o 


<M 


LO 




N 


y 














O 


to 


in 








o 


(S 


N 






en 












j ; 


to 














J 




























£ 














en 














to 














o 














z 














<l 












! j 


h 












! | 


en 




























Q 


















LO 


O 


lO 


O 


LO 



74 



N. C. CORPORATION COMMISSION. 



NORFOLK AND SOUTHERN. 

Passenger — Commissioners' Standard Tariff. 
Freight— Tariff as follows : 



Class. 



First Class per ioo lbs_. 

Second Class do 

Third Class do 

Fourth Class do 

Fifth Class do 

Sixth Class do 

Class A. do 

Class B do 

Class C do 

Class D do 

Class F do 

Class F per barrel- 
Class H per ioo lbs— 

Class K do 



5 

miles 

and 

under. 


Over 5 
miles 
and 
under 




15. 


$0 


20 


$0.25 




15 


.20 




13 


.15 




12 


• 13 




10 


. 12 




08 


. 10 




08 


. 10 




08 


•10 




08 


.10 




06 


.08 




08 


. 10 




io 


•15 




07 


.08 




05 


.07 



15 

miles 

and 

under 

20. 



$0.30 
.25 
.20 
.18 
.16 
.13 
•13 
.13 
.13 
.09 

• 13 

• 17 
.09 
.07 



20 

miles 

and 

under 

30. 



$0.32 
.27 
.22 
.20 
• 17 
.14 
.14 
.14 
.14 
.10 
.14 
.20 
. 10 



30 
miles 
and 
under 

50. 



08 



50 
miles 
and 
under 

70. 



$0.38 

•33 
.28 
.24 
.20 
.16 
.16 
.16 
.16 
.12 
.16 
.22 



70 
miles 
and 
under 

80. 



Jo. 40 

• 35 

• 30 
•25 
.21 
.17 

• 17 
•17 
.17 
•13 
•17 
•25 

• '3 



80 

miles 

and 

under 

90. 



$0.50 
.40 
•35 
• 30 
.25 
.20 
.20 
. 20 
.20 
•15 
.20 
•25 
•15 
. 11 



TARIFF CALDWELL AND NORTHERN RAILROAD COMPANY. 



PASSENGER TARIFF. 

Lenoir to Caldwell Mills 

Lenoir to Martin's 

Lenoir to Olivet „ 

Lenoir to Cofley's - 

Lenoir to Collettsville 

FREIGHT RATES. 

Lumber— Collettsville to Lenoir per car- 
Olivet to Lenoir do 

Other freights per 100 lbs__ 







$0 


■05 




10 




20 




25 




30 


6 


00 


5 


00 




10 



RELATION OF RAILROAD COMPANIES TO TARIFFS. 



75 



o 

m 
I 

h 
S 

H 

H 
O 

H 

cc 

p3 







1 B . 


o 
to 





Ph 


id 


\d 


«< 




1 m 




o 

Hi 


















o 


o 


i 


O 


o 


o 


CI 
P, 
W 




s 


d 


fe 


8 


o 
o 






f*. 


6\ 






«> 








o 


o 


£* 


§ 




UO 


o 

H 

PS 




4 






m 


m 


w 


►4 


4 


r^ 






\N 


^ 


tn 








cq 


M 


o 
d 


o" 


8 




m 




Pi 




t^ 


o 


w 


— 


o 


* 


Ph 




d 




P4 i .J 




o 


„ 


« * w 


u< 


M 


" 


^ m ^ 




4 






w 


o 
d 


? 




^ 


^~ 












Q 


o 
4 


o 


a 





"8 






4 




n 


° 


o 






d 









^ 




<* 


° 


o 


fc 




d 












o 




i^ 


00 


C- 


VO 


o 


o 


o 

o 




4 




PJ 




r-^ 


<J\ 


W 


lO 


o 


o 


Ph 




d 






t>- 


M 




Ti- 


O 

d 






o 


CO 




ro 


d 






01 


"* 




N 


d 






>* 


vo 






d 




to 

w 
u 

< 




Ih 

-a 
a 

3 


1- 
<u 

C 
3 

•a 


en 




-a 


a 


s 




c 
nJ 


55 

to 






to 


<u 






« 








1 


1 

V 






u 


> 

*4J 






02 


& 

H 






76 



N. C. CORPORATION COMMISSION. 



o 

c 

I 



*r 






CD 




DC 






e 




z 






a 




LU 






E3 




H- 






'3 






6 


Oi 




£ 


a 





3 




o 


i-i 


F-i 


c8 




z 


s 


CD 
{fa 


co 




atf 


05 

+3 


CO 

CD 
© 


CO 




-i 
o 


5 

o 


3 

CD 

O 




cc 

o 


CO 


03 
GO 


o 

T- 1 


CO 

* 


z 




CO 


o> 


n 




CO 
CO 


13 


bo 


"o 




in 


T3 
13 
O 


O 
o3 


CO 




fa 


c72 


^ 


H 
i 




1 








H 






1 




rt 






H 




* 






w 




H 






3 




rr> 










7) 






W 




^ 






Oi 




fa 






fa 



>• • . 






O 


cs 


N 


■* 


t 


^*- 


UO 


vn 


vO 


t^. 


& Z >< 


•saoiaij, JO spsaq 






















< «4 H 


-sSoh '(pazua) 


S 




















'oooBqox JB31 
























'IBtl»)BJV 




to 


ro 




H^ 


55 


^ 










««i 


xog *5[jBa 


fa 




o 


o 


o 


o 


o 


o 


o 


o 


O 


o J 


'aaqrani yi'D 




C* 




















•;iBS 'J3JSBIJ 


O 


C? 


o 


$ 


o 


o 


o 


o 


00 

o 


oo 


$ 


? °" 


'^a^raao 
























on ; 

W U 






» 




















•^ogjs 3AX1 




VO 

o 


VO 

o 


00 
O 


C7\ 
O 


O 


9 


O 


- 


CS 


y 


'spooo 


& 


o 




















u 


pioqasnoH 




«e 


























3 

o 
m 


o 


O 


o 


o 


o 




o 








§ 












evi 


to 


to 






























ft ft 


J 




t^ 




o 


o 


o 






CS 






















^ 














o 


o 


o 


o 


o 


o 


o 


O 


o 


o 




Q 


M 


4 






















P 




















































ft. 




o 


CS 


N 


^. 


^. 


^. 


U~} 


VO 


VO 


r~« 




o 


■— i 
























w 
ft 




a 




















W 


o 


« 


00 

o 


a 


« 


a 


z 


to 


u 


m 








& 


























VO 


00 


n 


„ 




VO 


00 






CS 




fa 
















CM 


CS 


CS 




ft M 




O 

<** 


































"S 


v? 


_ 


<N 










w 


o 


o 


o 


o 


f< 


>H 












& 




















Q 


S> 


o 


o 


« 


s 


« 


o 


00 

o 


8* 


o 








e*>> 






















CO 






^8 


r^ 


00 








_ 






a 


, o 




o 


o 




o 






w 




tn 


























Q 




<» 






















,-. 






r-^ 


t^ 


nn 




« 








o 


« 


o 


o 


o 




o 


O 




>- 


1- 








o 






















o 




<*> 


























































« 












M 


<j 


o 


o 




o 


o 


O 


o 


o 






Pi 
W 

ft 




s 






















to 




uo 


VO 


t^. 


00 


OV 


o 


o 


H 




c/T 




















M 


1-1 




H 




O 






















































VO 


r-» 


00 


o\ 


„ 


N 


CS 


CO 


















o 


1-1 


M 


1-1 


M 




g 

en 

W 




& 




















■* 


t 


^8 


00 

o 


8" 


ON 

o 


o 


N 


CO 


'* 


IO 




03 

t/3 




O 
35 












































o 


CO 


*8 

d 


? 




to 


T 


VO 


00 


O 


CS 


"*■ 




^ 


_ 


IC 


r^ 


















CS 


o 
d 
















CS 










ff 




00 




M 










% 






1-1 




w 


M 


M 




N 


to 


to 








m 






















07 






j 


[ 


! 


j 


1 


; 


! 


; 


! 




w 






1 




















J 


























S 






1 


1 


1 


1 


1 


1 


1 


1 


1 








<o 


o 


lO 


O 


>o 


o 


IO 


o 






1 




u 


















■* 




03 










u 


u 














w 






V 






UJ 


<u 


u 


V 


V 










C 


> 


> 




> 


> 


> 


> 


> 


> 




2 




3 


o 


o 


O 


O 


o 


o 


o 


o 


o 




< 




•d 


TJ 


T1 


T) 


T7 


-a 


H3 


X) 


T3 


•d 




H 




a 


C 


c 


G 


a 


a 




a 


a 


a 








01 


CS 


a) 


cd 


OS 


a 


ca 


CS 


rt 


at 


1 


Q 




lO 


o 


m 


o 




o 


in 

to 


o 




O 
IO 



RELATION OF RAILROAD COMPANIKS TO TARIFFS 



o 

Si 



x e 

g o 

o to 

» «T 

Q 3 

<1 

LU S 

Mi O 

o 

CC © 



& 



a; 




o 




00 


CO 


„ 









CC 

43 


5 


c 


DfJ 


+3 


Rj 






M 


(H 


E 


C 


I 


- 


i 

OS 


r< 


w 


I 


03 


H 


fc 


M 


w 


o 


r/i 




rfl 


w 


< 


« 


Oh 


h 



a! PQ 



E S I §>•§ 8 



a, 



S 

5 s 

<J o 

a o_ 

„ 2 






t*3 iO no 



on ro to 



» \* N ") M 

* ifl m c w 



yjl \ll l<) 



t^ 00 On 



«*■ \o 00 00 



io io <n 



a 8 2 8 



X 1 



no no r-- oo on o> 



LO NO CO 



■N NO CO 



»0 On « 



no co o 



00 CO o> O •"" — 



vo r^ oo 



IO t^ oo 



00 ON o o 



U-) On m 



<0 <♦ NO 00 



IO NO SO 



O N ^ NO O 



O rO NO 0> 

rO CO to rO 



U l* . I, 



n 


> 
o 


> 
o 


> 

o 


> 




> 

o 





> 


> 
o 


o 


"0 

re 


5 

cfl 


•X3 

re 


"0 

cc 


a 

re 


a 
cs 


C 

re 


"5 

re 


c 

cc 


c 
re 


oJ 


cJ 


to 


Cfl 


OJ 




to 


V 


0/ 


<S1 


E 


s 


s 


S 


S 


a 


£ 


a 


£ 


S 


IO 


t-^ 


o 


LO 


o 




£> 


o 


o 


o 

NO 


o 


u 
o 


u 

o 


i* 

o 

ft 


1- 


u 


o 


o 


o 


£ 



78 



N. C. CORPORATION COMMISSION. 



a j 



fc 



CO 



S3 I 

to w 

Oh fa 



£*§ 


en 


C/! CS 


cm 






^1 M"0 










i^§ 


CJ 








3*a 










- o « 

C ot3 


in cn 




IT) 




« e s 

SHI 


o 








-_-^2 r O 


. lO 


o 


O 






•/. iO 


t^ 


00 




CJ 








3 *- O £ 










tf&ss ■ 










ton. 
ales, 

IOO 

uds. 


• » 


o 


_ 




to 


















c" a> o 










ftp, 












o 


o 


o 




_ 


0- 


S 


c 


o 




! ?! 




£ 


vG 


t>. 




o 


o 

o 


o 
o 


8 




1 1 w 

^8 
0°. 




vo" 


jA 


oo" 






c*> 










8 


o 


o 




o 


£ 


o 


o 








ri 


oc 


ON 








^ 








P. H 


s 


2v8 

CJ 


o 


o 

ON 




J 




s 








M 


t/i "sr 


VO 


vO 




§2 




o 


















^ 2 


H-| 


U5 ON 








0! K 


u 


CQ tS 




~z~ 






*J 












CJ 








2 J 




. 








u « 


ft, 


«ON 


o 


CO 




a- m 




CJ 






j 




« 


CJ 


00 


s 




Q 


U3 lO 


>o 


VO 








'•> 








U 


[fl VO 


vo 


^ 




c/5 

Q 




o 








PQ 


CJ 


VO 


t^ 














p 

o 


< 


CJ 


»o 


t^ 




vO 


tn m 


vO 


00 




o 
o 


lO 


y 








(0 VO 


f~ 


ON 




Pi 

w 




o 






| 












&. 


7* 


tfl r^ 

CJ 


ON 


- 




(Sj 


asoo 


o 


<s 




























N 


u-" o 


M 


to 








4-1 












o 








M 


« £ 


CM 


LO 




















u " 








c/i 


i 

1 








55 










o 




















H 










■< 


I 1 




11 




H 


' 








(fl 


■ ■a 




'5 








a 
c 


§» 






<fl 
O 


p^ 


3 








\ & 


fc 


a 





RELATION OF RAILROAD COMPANIES TO TARIFFS. 



79 



SUFFOLK AND CAROLINA RAILWAY. 



Passenger— Special tariff on file. 
Freight— Tariff as follows : 



DISTANCES. 



Ten miles and under $o. 16 

Twenty miles and over ten 

Thirty miles and over twenty 







dER 100 


POUNDS 






I 


2 


3 


4 


5 


6 


$0. 16 


$0. 14 


$0.12 


80.IO 


$0.08 


$0.06 


. 20 


.18 


.14 


. II 


.09 


.07 


.24 


. 20 


.16 


. 12 


.10 


.08 



Freight. 



WARRENTON RAILROAD. 



Passenger. ) 



Special. 



WILMINGTON SEACOAST RAILROAD. 

Passenger, ) a n „ n i n i 
Freight, [Special. 

Clams — 6 cents per 100 pounds (loaded by carriers). 
5£ cents per 100 pounds (loaded by shippers). 
Carriers' option as to loading. 



80 



N. C. CORPORATION COMMISSION. 







§ 


4 


OS 


8 




n 




a 00 


••s "? a 




10 


m 


10 




SI 

ft, M 


a 


to o io 




CO 


a 


■« j: CD J ■; ,. 

a «s ° 


















10 
















M 


NO 


OOpdO 








10 




NO 




23 










0' 












to *"* °° 


On 


O 










~. & 


>-> 








ciOfi^ 












ft, ft, 




tJ 






£u "S A 












W 


1 i" °* 


a 


■>* 




t/5 

Pi 

N 

to 


a_' f 
II s5 

<o S t- 


cS 3 
0' 


« 





O 




W CD 
* ffl 


to 


jo" " 


10 


00 


















w 


»*" * 





N 


*u to a » to 


O 


8 


u-> 


t-» 








o 






(4 


<A£1 3 S^3 






















W 
to 


i 53 § 

3a'a- w " 


A 










Q 




\o 


- 




a 


j2 \o t^ 


•* 


ON 


to 
^ to 


0_r 






ON 






O 








o 








^ © 


d 




" 


"' 








^ 


~^~ 




WQ§ 
to M -f 
co to N 

HO 

oh: 

00? 

P" 


■ 1- « 














« 


«5 ^o »o 
y 


r*. 


ON 












CO 

Q 


^ 


oj VO £0 


' tv. 


CO 


sfl£ 3 




VO 


O 




00 


O 
ON 




2 

D 


fti 

o 
o 




O 






a 
^8-5 
u a 

8g 


d 










NO 


w no *** 






ON 












a ^ 


M 


M 


ID 


<o ( 














ri 

a 


m 





on 


M 


a & ^ 


d 


" 




" ! 




ft. 








S»8 

0-3 2 


(fl> 






1 


























•<*- 





a 


■"*■ 












0,4 a 8- 

1 £ 8 ~5 Z 

oj?as, 



d 


in 

O 


? 


to 






CO 





■*■ 


CO 






f» 


«s :? 


NO 




































to 

« 1 




8 


O 




10 










tO "* °° 


M 


r^ 












0) 




!>. 


t>. 


00" 











U 






to ftl 
5« 


Pi ■ 


0» 














! 










W • 

rtsiH 
















8 


8 




to 






i 






; 










*|3 

2h. 

1 to H 


O 


ON 


d 


d 


" 






























to >- 

5, to 




8 






8 





















«< 




d 






■**■ 




07 














"'rf 


fe 


£ 


w 


" 


M 




63 














w u 














V 














to 














S5 




















































to 


















! 


1 


1 




5/3 




1 « 




te 


on 






to 


to 


to 




5 




1 V 
















V 


<LI 






















; 






! a 


a 


a 






a 


's 


"a 












(-» 






t>. 












(h 






tn 


i_ 














•S S3 


u 


u 


to 




it 


u 


<v 








a > 


> 


> 


% 


a 


> 


> 


> 








3 O 








< 


3 

















T3 *0 


-d 


TJ 


H 


X) 


y 


T3 


t3 








a a 


B 


a 


a 


a 


3 


a 








cd cd 


Cd 


Cd 


s 


Cfl 


cd 


cd 


cd 








to to 


to 


tO 




to 


5R 


to 


to 








<u 


u 


O 




V 


u 


u 


<Ll 






























a "a 


"a 


s 




a 


'a 


'a 


a 








t-» n 


i-» 


N 




t^ 


N 


^ 


M 












M 


cs 












M 


m 


N 1 



RELATION OF RAILROAD COMPANIES TO TARIFFS 



81 



Z 
< 
Q- 

O 

o 

< 

< "5 

LU cX 

F "S 

0= fc 





Min 
Charge 

for 
Single 

Ship- 
ments. 


. \n v~> 10 10 

CO M M M M 


PER 
CORD. 

Fire- 
wood, 
C. L. io 
Cords 

Min. 


») O O IO O 


§ t/i 

p, p. 


t3 
w 
u 
to 

a 
o 

o 


4*0 

. CS 

i40i 


10 
t^ av m 

4 ' ~ " 




0000 

vO t^ 00 Q\ 


PQ 

o 
o 

« 

0. 




CO 11 11 IO VO 

^ M _, w n 


Brick 

25,000 
Lbs. 
Min. 


tn >o 10 

ON M PO rO 


PER CAR, WEIGHT AS 

PER CLASSIFICATION 

OR EXCEPTION 

SHEET. 


a, 


OOOO 

O LO IO O 

iA tA. cd d 


O 


$9.00 
10.00 

10.50 

11.00 


fe 


OOOO 
OOOO 

d m «' <J 


PER TON 

2,000 
POUNDS 


§ 


10 10 

a\ av ►- 

0" M W 


h? 


tn 10 

^ N N CC ON 


at o tn 

Ph " J 


M 


Hi T^ IO ID VO 


Ph p; 


h 


■w « ro 10 00 


as 

Q 

§ 

Ph 

o 
o 

oi 

w 

0, 


£ 


CO r>» On m "3- 


H 


«N Oi O <N 


O 


■■:* 

*- ■* 10 vO t-* 


u 


tn h\ 

+j vo r^ r^ av 


03 


tn vo h\ ih\ 

■— vo r^ o> 


<J 


tn vo h\ 

*-> VO r^ 00 


vO 


*jvO r^ r-^ On 


« 


»1 t> « (31 N 

u 

to" r^ ov h rf 






>* 




CO 


to Ov m ->Hr 00 


(S 


CO IN ro VO O 

hj M m « (N 




-1 I tn 2" CO « r^ 
It?" M N W 




en 

« 

<- 

i 

1 

id 
w 
a 

SS 

< 

s 

5 


' . 


7 miles and under. 
12 miles and over 7- 
17 miles and over 12 
22 miles and over 17 



Ph-* 
« O 



4,2 



a a a 



a a a a 



'jsiSay 



•puBHOH 



pjBipnB[a 



uo+35ina 



•sSnuds 
•xadv 



N IO O 



82 



N. C. CORPORATION COMMISSION. 



rz * a ™ o g w 



r H°ffi 



a b 



o o o 

r^ oo o 



£-»c£a&.*3 



a-o o .So. 



o o o to 



E5 OT 

3 w 



0~ 1- CO 

£ Cfl CU.Q 



NO NO On 



CO V £l 



3.3 






25 

<! 
O a 



Pi o 



vo t^ oo 









* j 







» 


«*■ 


ON 


o 


s 




t~~ 




ON 




t^ 


O 




t>. 




o 


Q 




VO 


t>. 


oo 




UO 




VO 




UO 


VO 




« 




t^ 


O 

pa 


t/i \o 


l-« 


oo 


o» 




VO 




^ 




VO 


r - 




VO 




00 


w'vO 


f~ 


o 


Ov 




VO 




t^ 




VO 


t ^ 




VO 




o 




p< 






y 






























«! 


ajvo 


t^ 


o 


o> 




VO 




t^ 




VO 


^ 




>o 




o 


NO 


MvO 


00 


o\ 


o 




VO 




CO 




VO 


00 




VO 




o> 


o 

o 






































jS r- 


o> 


o 


N 




f^ 




On 




t^ 


Ov 




r». 




o 


W 






u 




M 


M 






















" 




































pti 




■* 




o 


£ 


t-O 




t^ 




O 




r^ 


O 




r~- 




[J 






W o 


CM 




VO 




o 




0) 




o 


M 




o 












tJ~ 


M 




M 




M 




H 




w 


M 




H 








CN 


CO cm 


^ 


VO 


V. 




N 




Tf 




cs 


TJ- 




cs 













"8 M 


M 


1-1 


M 




H 




W 




M 


1-1 




"" 




w 






42 "* 


o> 


w 


■* 




<* 




Ov 




"* 


Ov 




■<r 




w 








C H 




vM 






M 








~ 


M 




M 


















| 




/ *— 


— > 


| 




, — ' — . 


/ ' . 




, .j — 


— > 
















•a 




\ i 


i 


-a 






! *<* 




•o 












































o 

H 

H 

in 




o $ 








o 


« a 


cfl 


a; 


o 


5 » 


1 <u 

1 «3 


o 


1» i 


CO 








o .a 

U U 

o a 

.o it 

c3 W 


o 

CO 

Q 


a 
o 
t! 
a 


U 

o 

CO 


CO 

a 

V 


2 5 
1 I 
S 5 


o 

a 


V 

3 

CO 


n 
o 
in 
> 

cfl 


.34 o 

8 .2 

W a. 


J- V 

1 1 


to 

a. 
o 
aJ 

a 


2 3 
1 '> 

I a 


a 


i 

(2 








H 








X 








P 






Oh 









RELATION OF RAILROAD COMPANIES TO TARIFFS. 



83 



O O O I/} 

r-» oo o m 



O O O ID 

t^ 00 O w 



no vo on 



tn io io 



o 
o 


o 


o 


o 

in 


u-> 


no 


t^ 


00 


O 

o 


o 


o 


& 


no 


VO 


t~* 


00 


o 
o 


O 


8 


8 


on 


o\ 


o 


g 



ON 


o 


>0 


lO 


o 
r-. 


eg 


o 

o 


lO 


>o 


NO 


r^ 


00 


^ 


O 


2 


<# 


M 


«*} 


LO 


t^. 


r^ 


ON 


o 


M 


io 


>o 


t^ 


00 


NO 


t^ 


00 


On 


no 


r^ 


ON 


On 


no 


r^ 


ON 


ON 


NO 


oo 


ON 


o 


^ 


r~» 


On 


o 


I-- 


o 


3 


ro 


o 


2 


2" 


NO 


CN> 


■* 


VO 


00 


■<1- 


ON 


a 


•* 



ii o 



I I I 1 I 

3 -a | | a 

«s ft, Q B H 
2 



84 



N. C CORPORATION COMMISSION. 



•AVBl{BddlS 



SSBQ pz 



•ssbid;si a v§ 



id o id id o 

C*i CO W w 11 



•SSBIO pZ 



ID ID O 



ssbio ;si # 



sSnuds 



•ssBQ pz 



ID O id 



•ssb ID ;si £ £ « 



ro CO tN 



•ni}snv 



•s^UBg 



uannoDK 



•ssBiDpz o 



o o o 



O « M 



•SSBQ }SI 



ID O ID ID 



o o o 



SSBlOpZ £ 



ID iO O o o 



•ssbio ;si 



•ssbxo pz ° 



•SSBQ1SI £ 



CO CI M M 



o o o 



•ifqqOH 



•SSBQ pz J° 



M « O 



O O ID 



•SSBQ }si 



w M 1 



•;1bXim 



•ssbio pz S° t? 



O ID O 



•ssbio ;si £ 



O « M 



O ID O 



sanjBg 



•bjobai^s 



qSpIBJBO 



•ssbio pz 8 2 



ID O O 



SSBQISI ° 



w O ~ « 



ID O tD 



•SSBQ pz 



ID O O 



O >D O 



•SSBQ }SI 



►H M CJ 



•SSBQ pz 



l/") O ID ID ID 

<N rO rQ -St" ID 

»D O ID O ID 



•ssbio }SI 2 8 2 £ 



•qSi3[BH 



ssbio ps § 



•SSBQ }si § 2 



Pi o 



R •§ « 

s w g 



13 ° 2 S l 

1?B S 



« £ 



RELATION OF RAILROAD COMPANIES TO TARIFFS. 



85 



Tariff, Classification and Rate Tables for Southern 
Express Compaoy. 



Local Rates — Mileage Scale. 



MILEAGE. 



EXPRESS RATES PER IOO POUNDS- 



Over Miles. 


And Not Over 

Miles. 


Merchandise. 


Class B. 


Class C. 


Class D. 


i 


25 


$0.30 


$0.30 


$0.30 


$0. 30 


25 


70 


.50 


• 45 


•45 


.40 


70 


149 


• 75 


•65 


.60 


.50 


149 


159 


.80 


• 75 


.70 


.60 


159 


170 


.90 


•75 


.70 


.60 


170. 


190 


1. 00 


.80 


• 75 


.60 


190 


209 


1. 10 


1. 00 


.90 


.70 


209 


238 


1-25 


1. 00 


.90 


.70 


238 


266 


1.40 


1.25 


I-I5 


.90 


266 


285 


1.50 


1.25 


i- 15 


.90 


285 


333 


1-75 


1.50 


1.25 


1. 00 


333 


380 


2. GO 


1.50 


1-25 


1. 15 


380 


427 


2.25 


1.75 


1.50 


1-25 


427 




2.5O 


2.00 


i-75 


1.40 





Packages not exceeding five pounds in weight, or $5 in value, between any two 
points in North Carolina on above-named system of railroads will be carried for 25 
cents. 

EXPRESS JOINT TARIFF. 

On all shipments originating and terminating in this State which shall pass over 
the whole or portions of two or more roads not under the same control, the maxi- 
mum rates charged shall not be greater than the sum of the local rates on such 
freight, less 10 (10) per cent for the distance hauled over each road. 

EXPRESS RATE ON ICE. 



When the Distance is- 



The Rate on Ice Will be 



From 1 to 50 miles. 
From 51 to 100 miles. 
From 101 to 150 miles. 
From 151 to 200 miles 
From 201 to 250 miles. 



Twenty-five cents per 100 lbs. 
Thirty cents per 100 lbs. 
Forty cents per 100 lbs. 
Forty-five cents per 100 lbs. 
Fifty cents per 100 lbs. 



86 



N. CORPORATION COMMISSION. 









o 
io 


io 
pi 


a 


3 


o 
vo 


o 


IO 

00 


8 


o 


IO 

PI 


o 

IO 


o 


c§ 


o 
o 


IO 

PI 


IO 

PI 


















fc 


& 
























N 


PI 


M 




















a 


« 


PI 


<o 


■*■ 


IO 


t^ 


o 


IO 


o 
PI 


IO 


fe 


% 


o 


IO 


g» 
















8 


o 
o 


p? 
4 


o 

CO 


IO 


o 

vo 


IO 

M3 


iO 


a 


8 


IO 


o 

CO 


o 

IO 


o 


{Q 


8 

PI 


8 

pi 
















« 




5 


m 


« 


co 


■* 


IO 


*"• 


o 


IO 


8 


IO 
CI 


a 


iO 
CO 


o 


3 


o 

IO 
















>4 


o 
to 


io 

pi 
d 


O 
CO 


$ 


s 


IO 


IO 


& 


o 

o 


w 


IO 


IO 


o 

IO 


IO 

VO 


K 


IO 

t^ 














s 


I 

V 

<K 
O 

•c 

a. 

bo 

n 




•2 


•* 


W 


CO 


f 


IO 


t»» 


o 


IO 


8 


IO 

PI 


o 

CO 


8 


o 


IO 


o 

IO 














CO 

o 

z 

=3 
O 
Q- 


M 


o 
o 

3 


io 


ft 

PI 


iO 

-*- 

to 


IO 
iO 


IO 
IO 


o 


IO 

o 


IO 

00 

IO 


o 

o 

o 

PI 


o 

iO 
CM 






IO 

o 


o 

LO 

3 


o 

LO 
Q 

LO 














O 
U4 
X 


•-» 


o 


4 


^ 


IO 

**• 


o 

IO 


? 




IO 


* 


o 


o 

o 


o 


o 


IO 


p? 


p? 














O 

z 


cd 

a 

Ih 
01 
bo 

s 

u 

a 

<U 
J3 




PI 


m 


N 


CO 


•* 


IO 


t^. 


o 


JO 


o 
PI 


IO 

PI 


o 

CO 


IO 

to 


% 


3 


a 














=3 
X 


M 


8 


iO 

pi 

4 


P? 


o 

>* 




o 

IO 


IO 
IO 


s 


o 


o 

00 


& 


8 


o 

o 


o 

o 


o 
o 


o 
o 














z 
o 




**■ 


M 


PI 


to 


Tj" 


IO 


t^ 


o 


IO 


o 

PI 


IO 


CO 


IO 
CO 


o 


IO 


o 

IO 














z 
< 

X 

1- 
co 

CO 

i ij 


w 


io 


PI 


P? 
PI 


in 

CO 

to 


3 


IO 
IO 




IO 
IO 

o 


o 

IO 


o 

PI 


p? 


iO 

o 

CO 


a 

fi 


8 


8 

IO 


o 


o 

LO 

IO 


o 

PI 

Q 

VO 


o 

CO 

IO 

vO 


R 


o 

LO 

to 


o 

VO 

c? 






IO 


LO 


o 

CO 


IO 

CO 




3 


g, 


$ 


iO 


o 


K 


eg 


■5? 


8v 


8 


o 


IO 


PI 


CO 


Lo 


ft 


— i 





^ 


£ 




























M 


M 


M 


M 


M 


M 


M 


CD 

Z 






m- 


M 


« 


to 


■* 


IO 


t^ 


o 


IO 


o 
PI 


iO 

PI 


o 

CO 


IO 

CO 


% 


3 


a 


IO 
IO 


vS 


LO 

VO 


R 


•o 


o 

CO 


X 
CD 

Ui 






p? 


iO 

PI 


o 

CO 


o 

CO 


o 


3- 


IO 


o 

IO 


IO 
IO 


Q 


IO 


R 


R 


IO 


a 


o 

o 


o 


LO 


LO 


IO 


to 

PI 


O 

a 
& 
a 

! 

o 
a 
te 

-2 

a 
o 
p, 
o 

>> 

a 

CS 


to 


IO 


& 


- 


to 


•* 


IO 


r^ 


o 


IO 


o 

p* 


IO 

Pi 


o 

CO 


# 


o 


IO 


o 

IO 


IO 

LO 


s 


to 

vO 


o 


fi 


o 

00 


CO 






IO 

PI 


IO 

p» 


o 

CO 


o 

CO 


K? 


» 


o 


o 
>* 


«o 


o 

IO 


"2 

iO 


IO 


vB 


IO 

VO 


R 


IO 


eg 


LO 

CO 


a 


o 

o 


8 


CD 

< 

O 


w 


8 


& 


t* 


to 


M- 


IO 


- 


o 


iO 


o 


IO 

PI 


o 

CO 


CO 


o 


IO 


o 

LT2 


iO 

LO 


o 

vO 


IO 


o 


LO 


c§ 


< 

a. 






IO 

PI 


P? 


IO 

PI 


O 

CO 


o 

CO 


IO 


IO 
CO 


IO 
CO 


IO 

CO 


% 


IO 


IO 


o 


o 


IO 


vB 


to 

VO 


o 


to 


iO 


J5 


X 

© 
u. 


Q 


to 

d 


& 


N 


to 


•* 


IO 


t^ 


o 


IO 


o 


iO 


to 


IO 
CO 


o 


LO 


o 

LO 


LO 
IO 


vg 


LO 

VO 


o 


to 


c§ 


CO 
UJ 

1- 


a 


$ 


PI 

i 


LO 


IO 

PI 


■o 
PI 


IO 

PI 


o 

CO 


o 
to 


o 

CO 


o 
to 


iO 

to 


s 


o 


o 


o 


IO 


o 

LO 


IO 

LO 


o 

VO 


o 

VO 


& 


vg 


< 
X 


a 

V 
<U 

In 




** 


w 


o 


to 


■* 


IO 


t^ 


o 


IO 


o 


JO 


P0 


IO 

to 


o 


O 


ft 


LO 

IO 


o 


vO 


o 


o 


Q 

CO 


Q 
UJ 

1- 
< 
Z3 
O 
< 
X 
CD 


pq 


o 

c 


IO 


IO 
CV1 

N 


IO 
CI 

to 


IO 

pi 


IO 
IO 


o 

CO 


o 
to 

o 


o 

CO 

>o 


o 


IO 


o 
to 


IO 
CO 


o 


LO 


o 

IO 


to 

■V 

to 

VO 


o 

IO 

o 

VO 


o 
to 

IO 
vO 


o 

LO 

o 


o 

LO 


ft 

o 

CO 


V 

a 


<J 


o 


IO 

PI 

d 


IO 


iO 

PI 


IO 

PI 


»o 
PI 


>o 


IO 

PI 


IO 

PI 


IO 
CM 


iO 

PI 


ID 

PI 


o 

CO 


o 

CO 


o 

CO 


o 

CO 


IO 

CO 


to 

CO 


IO 

to 


LO 

CO 


o 


5- 




xi 




w- 


M 


N 


to 


* 


IO 


r*. 


o 


£ 


o 
PI 


IO 

PI 


o 
to 


IO 

to 


% 


IO 


o 

IO 


IO 

LO 


o 

vO 


VO? 


o 


IO 


c§ 








; 


J 


1 


] 


] 


! 


! 


! 


i 


! 


! 


! 


1 


! 


! 


] 


! 


I 


! 


1 


1 






A 




> 
o 

O 


Ih 
(LI 

> 
O 


> 
o 


Ih 


Ih 

> 
o 


Ih 
V 

> 

o 


Ih 

V 

> 
o 


Ih 
<L> 
> 




Ih 

> 
o 


V 

> 
o 


Ih 
V 

> 
o 


Ih 

ID 

> 
o 




Ih 

> 
o 


Ih 

V 

> 
o 


u 

> 
o 


Ih 

u 

> 
o 


Ih 

UJ 

> 
o 


Ih 

> 
o 


Ih 

V 

> 
o 


Ih 

> 

o 






3 







o 
a 


o 
a 


o 

n 


o 


o 

c 


o 

a 


o 




o 
a 


o 

a 


o 
a 


o 

a 


o 

a 


o 
a 


o 


o 

a 




a 


o 

a 


o 

a 


o 

c 












a 


a 


£ 


its 


£ 


£ 


a 


ffi 


a 


a 


a 


a 


£ 


a 


a 


a 


a 


a 


a 


rfi 






C 




W) 


w 


M 


to 


"* 


IO 


*• 


o 


IO 


o 
PI 


IO 

PI ' 


o 
to 


IO 

to 


5- 


IO 


o 

VO 


IO 
IO 


o 

VO 


LO 
VO 


o 


LO 

1^ 










M 

CJ 

cs 
to 


CU 

> 

O 


Ih 

> 

O 


u 

V 

> 

O 


Ih 
U 
> 

O 


Ih 

<U 
> 

O 


Ih 

> 

O 


u 

V 

> 

O 


u 

> 
o 


Ih 

o 


Ih 

<v 

> 
o 


<u 

> 
o 


it 

> 

o 


> 

o 


Ih 

> 

o 


Ih 

V 

> 

o 


Ih 

V 

> 

o 


Ih 

> 

o 


Ih 

> 
o 


Ih 
V 

> 

o 


<u 

> 

o 



RELATION OF RAILROAD COMPANIES TO TARIFFS. 



87 



10 io io io 



<0 v6 vo vo 






o o o o 



I-. 


3 
TJ 






> 


t- 





bfi 


^ 




o 


b/i 






Tj 


cj 


a 


A 


s 




a 


TJ 




u 



s. § 

tvi a, 



io 



I- 1 .3 

ft - 



a> 



8 i 



a 



8 8 8 8 



w i-i m 



8 


iO 
CO 


3 


3 


io 


a* 


s 


o 

00 


£ 


o 

VO 


O 

io 


3- 


o 

to 


O 

CM 


o 


o 

o 


00 


£ 










M 


M 


CM 


CO 


"* 


IO 


vo 


r^ 


oo 


d> 




m 


N 


CO 


•* 


IO 


** 


o 


iO 


O 


lo 


& 


io 

to 


o 


io 


o 

IO 



8 


IO 
CO 


IO 

**• 


•o 


£ 


o 


IP 


iO 


3 


o 


IO 


o 


IO 

ON 


o 

CO 


>o 

VO 


ft 


M 


£ 










M 


" 


N 


to 


* 


IO 


>o 


vo 


t- 


00 




M 


N 


CO 


*■ 


IO 


t>. 


o 


iO 


o 
CM 


IO 

0) 


o 

CO 


IO 

to 


o 


S 


o 





8 


IO 

to 


o 


o 

IO 


IO 

VO 


IO 

00 


iO 


iO 

VO 


IO 
to 


o 

o 


IO 


ft 


>o 


8 


P" 


IO 


s 










n 


M 


CM 


to 


to 


■v 


IO 


VO 




9* 


CO 


CO 


•*■ 


IO 


t>» 


o 


IO 


o 


lo 


s, 


IO 


O 





O 

to 


LO 
CO 


IO 


o 

VO 


O 

00 


o 


o 

IO 


>o 


# 


o 

IO 


o 

CM 


o 


o 
vo 


o 

CO 


o 
o 


* 


O 










M 


M 


CM 


CM 


CO 


Tj- 


T 


iO 


VO 


r^ 


<* 




CM 


CO 


"* 


IO 


t^ 


o 


iO 


8 


IO 

cm 


ft 


LO 

CO 


s 


IO 

<* 


o 

IO 



3 


% 


IO 

to 


IO 


o 

VO 


o 

CO 


O 

o 


o 

IO 


IO 


IO 


o 

iO 


8 


£ 


LO 


oo 


ft 


CO 


o 

0» 










M 


M 


CM 


CM 


CO 


"fr 


"* 


•o 


LO 


VO 




H 


CM 


CO 


■* 


iO 


*■ 


o 


iO 


o 

CM 


£ 


ft 


3 


o 


IO 


ft 



8 


IO 
CM 


o 
to 


3 


o 

vO 


£ 


8 


o 

IO 


IO 


iO 


ft 


8 


£ 


iO 


IO 


8 


PI 


A 










M 


M 


<N 


CM 


CO 


tT 


>■*■ 


iO 


IO 


VO 




M 


CM 


CO 


*a- 


IO 


*- 


o 


JO 


O 
CM 


LO 


o 

to 


IO 

to 


O 


IO 


ft 



io io o 
r^ cm io 

■4 io io 





8 


IO 


o 

CO 


iO 


o 

VO 


R 


c 
o 


o 

IO 


o 
o 


ft 


o 
o 


IO 


LO 


c? 


IO 


o 

o 


H 


o 


A 










" 


H 


tN 


« 


to 


to 


CO 


■»i- 


Tf 


iO 




m 




« 


to 


■>* 


iO 


t^ 


o 


IO 


o 

CM 


IO 


o 

ro 


IO 

to 


o 


IO 


o 

IO 




o 
o 


IO 
0) 


o 

to 


IO 


vg 


IO 


o 

o 


iO 

to 


IO 


8 


o 

IO 


8 


o 

IO 


8 


ft 


o 

LO 


to 


o 










- 


" 


- 


N 


CM 


to 


CO 


•<*• 


■*■ 


"<*■ 






M 


to 


•* 


IO 


t>. 


o 


IO 


o 


IO 


o 


IO 


o 


iO 


o 



LO O LO 



LO LO LO LO 



ii i-.CS CM tQCQTj-Tj -IO 

LOOLOOOiOOLOOO 

on m toLor^o cm ioio 

Mi-ii-il-iwCMCMCMCM 

r^o loo loo loo loo 

M >h CM CM rp CO -g- T LO 



[SlfilPifisSrRlSlfifRRSpjfiififfi 



PhOOOOOOOOOOOOO 



88 



N. C. CORPORATION COMMISSION. 



EXPRESS CLASSIFICATION. 



SECTION "A."— Advertising Matter, consisting of Printed, Engraved or Photographed Adver- 
tisements, on paper or cardboard (not under glass), and Almanacs, Signs and Cards, without glass ij 
in frames or racks, may be charged for at the merchandise rate per ioo pounds for actual weight,; ; 

*SECT10N ''B."— The following matter may be charged for at the merchandise rate per ioo 
pounds for actual weight, charges to be prepaid or guaranteed: 

Auxiliary Newspapers, Patent Insides and other appliances used in place thereof, including' 
reading-matter plates, minimum 25cents. 

Packages of Clothing shipped to or by laundries, minimum 30 cents. L 

Catalogues and Prices Current, with prices extended, to and from dealers and their traveling- 
salesmen, value limited to $io, minimum 30 cents. ! 

tSECTION " D."— Rates on Printed Matter and Seeds and Bulbs, prepaid, for Manu- 
facturers, Publishers and Dealers. 

The following articles may be carried at 10 cents for each 1% pounds or less, and for single pack- 
ages exceeding 1% pounds one cent for each additional two ounces or fraction thereof, unless the 
graduated rate is less. If the through rate exceeds $8 50 per 100 pounds, no package weighing over 
four pounds, except single books, will be carried at these rates: 



Almanacs. 

Blanks, printed (bound or in 

sheets). 
Blotters and Blotting Pads. 
Books, printed (bound or un 

bound). 
Bulbs *. 
Calendars. 
Cards, printed. 
Catalogues. 
Circulars. 
Chromos. 

Chromo- Lithographs. 
Cuttings. 



Engravings. 

Envelopes (address printed). 

Hand bills. 

Heliotype Work. 

Insurance Policies (blank). 

Labels. 

Lithograph Views of Cities (mount- 
ed on cloth, with rollers). 

Lithographs. 

Magazines. 

Maps 

Pamphlets. 

Paper for cash Registers (printed 
on rolls or sheets). 



Periodicals. 

Photographs (not framed). 

Plants, 

Posters. 

Prospectuses. 

Proof sheets. 

Publications. 

Roots. 

Scions. 

Seeds f. 

Sheet music. 

Show Cards (nnmounted). 

Stereoscopic Views. 



Any of the above-mentioned articles which represent advertising may be taken under Section A 
when it gives a lower rate. 

The following-named articles are not included, and, whether enclosed with the above-named 
matter, or separately, will subject the shipment to merchandise tariff: Blank-books, Blank Cards, 
Cardboards, Blank Envelopes, Flexible or Paper Patterns, Letter Paper, Ornamental Paper, and 
Samples of Merchandise, including grain, cloth, medicine and sample cards. 

Printed matter rates apply solely to articles enumerated, and only when shipped by manufac- 
turers, publishers or dealers. The value of each package must be limited to ten dollars, be prepaid, 
and have the nature of the contents written, stamped or printed thereon, and be so packed that the 
description may be readily verified by examination. 

J SECTION " E,"— Packages of Merchandise (not including jewelry), Grocers' Samples, and 
Electrotype and Stereotype Plates for advertising cuts, value not exceeding ten dollars, may be for- 
warded at a rate of 1 cent per ounce; no charges less than 15 cents per package, charges prepaid. 

* When graduated or other rates quoted are less than these, they should be applied. When ship- 
ments are ordered returned, these rates apply. 

t Packages of Bulbs or Seeds exceeding 40 ounces in weight, 4 cents per package less than rate of 
% cent per ounce, unless regular graduate is less. 

J When graduated or other rates quoted are less than these, they should be applied. When ship- 
ments are ordered returned, these rates apply. 



RELATION OF RAILROAD COMPANIES TO TARIFFS. 



89 



EXCEPTION SHEET. 



AGRICULTURAL IMPLEMENTS. 

Classification Card quotes two classes of Agricultural Implements. Bulky implements will be 
subject to double merchandise rates. Others will be charged merchandise rates. 



The following are bulky : 

Cleaners, Cotton-seed. 

Cradles, Grain, set up. 

Cultivators, set up. 

Cutters, Ensilage, Straw and Hay, set up. 

Distributors, Guano, set up. 

Drills, Grain, set up 

Dusters, Bran, set up. 

Evaporators, Fruit. 

Evaporators, Sugar. 

Fans, Wheat, 

Horsepowers, Railroad or Endless Chain. 

Hullers, Cotton-seed and Clover. 

Incubators, K. D., packed. 



Manure Spreaders, set up. 

Mills, Fan. 

Mills, Sugar, with trains. 

Mowing and Reaping Machines, Binders and Har- 
vesters, whether combined or separate, set up. 

Planters, Corn and Cotton, set up. 

Plows, Gang and Sulky. 

Presses, Hay and Cotton, set up. 

Purifiers, Middlings. 

Rakes, Horse, set up. 

Wheelbarrows, Railroad, common carriers' conve- 
nience. 

Wheelbarrows, Wood, set up. 



Such of these articles as can be carried by Express will be taken at double merchandise rates. 
Others will be carried at merchandise rates 



CLASSIFICATION OF PERISHABLES, Etc., CARRIED AT LESS THAN 
MERCHANDISE RATES. 

For the purpose of promoting local traffic between points on the lines of this company, and 
developing the production of the commodities herein quoted at the same, Agents are authorized to 
use rates to be found by using the following scale : 

This scale or these rates are not authorized to be used on any business transferred to other express 
companies, nor on any business received from them. 

Rates on this class of business to and from points reached by other express companies are known 
as " Through Rates," and will be furnished upon application to the General Auditor when necessary. 

Following classification is made : 

CLASS A. — To consist of merchandise. 

CLASS B.— to consist of the following : 

Asparagus, Celery, 



Dressed Poultry. 
Berries, 
Butter. 
Cherries, 



Coarse Furs, 



Fish, 
Game. 



CLASS C— To consist of the following 
Beans, Peaches, 

Green Hides, Peas, 

Ice Cream, Plums, 



Honey (in the comb), 

Trees and Shrubs (for planting), 

Oysters (except in shell). 



Strained Honey, 
Turtles (in barrels), 
I,ettuce (gross weight). 



90 



N. C. CORPORATION COMMISSION. 



CLASS D.— To consist of the following 



Ale, 


Cantaloupes (in]crates or barrels), 


Potatoes, 


Apples, 


Cucumbers, 


Pears, 


Bananas, 


Egg Plant, 


Parsnips, 


Beer, 


Grapes, 


Pop, 


Beets, 


Greens, 


Radishes, 


Cheese, 


Green Corn, 


Salt and Dry Fish, 


Crackers, 


Lemons, 


Sausage, 


Chestnuts, 


Mineral and Spring Waters, 


Squashes (in crates) 


Cabbage, 


Oranges, 


Sugar Cane, 


Carrots, 


Oysters (in shell), 


Soda Water, 


Cocoanuts, 


Okra, 


Tomatoes, 


Cider, 


Pineapples. 


Turnips. 


Compressed Yeast, 


Pomegranates, 





FRESH M EATS -See Mileage Scale 



The following Scale of Charges will apply as hereinbefore instructed 



When the Rate on 
Merchandise is 



$o. 40_ 

.50- 
.6o_ 
• 75- 
.90- 

I.OO- 

1.25- 
1.50- 

1.75- 

2.00- 
2.25_ 
2.50- 
2-75- 
3.00- 



CHARGE AS FOLLOWS ON 
OTHER CLASSES : 



Class B. 



So. 40 
•45 

.50 
.65 
• 75 
.80 
1. 00 
I.25 
I.50 
1.50 
1-75 
2.00 
2.00 
2.25 



Class C. 



$0.40 
• 45 
•50 
.60 
.70 

•75 
.90 
1. 15 
1.25 
1.25 
1.50 
1-75 
1-75 
2.00 



Class D. 



$0.40 
.40 
.40 
.50 
.60 
.60 
.70 
.90 
1. 00 
115 
1.25 
1.40 
1.50 
1.75 



When the Rate on 
Merchandise is 



$3.25- 
3.50- 
3-75- 
4.00. 
4-25- 
4.50. 
4-75- 
5-oo. 
5.25- 
5.50- 
5-75- 
6.00. 
6. 50. 



CHARGE AS FOLLOWS ON 
OTHER CLASSES : 



Class B. 



$2.25 
2.50 
2.50 
2.75 
3.00 
3-oo 
3.00 
3.25 
3.25 
3-50 
3-75 
4.00 
4.00 



Class C. 



$2.00 
2.25 
2.25 
2.50 
2-75 
2.75 
2-75 
3.00 
3-oo 
3-25 
3.50 
3-75 
3.75 



Class D 



$1.75 
2.00 
2.00 
2.25 
2.50 
2.50 
2.50 
2.75 
2.75 
3.00 
3.25 
3-50 
3-50 



Fresh fish requiring ice for preservation in transit may be carried between all points at net weight, 
with 25 per cent added when ice is used. 



RELATION OF RAILROAD COMPANIES TO TARIFFS. 



91 





"cd 


O 1/5 1/5 »/5 O O O 1/5 1/5 1/5 1/5 1/5 O O 1/5 1/5 1/5 O 1/50 1/5 

O \0 ii n r-t^o t-» t~- \C r^Mvooo r^« n a* vo m ■*■ 








o 


Saluda 

Sanford 

Scotland Neck , 

Seaboard 

Selma 

Shandon 

Shelby 

Shepherds 

Siler City 

Sloan 

Smithfield 

Sophia 

Southern Pines 

Spout Spring 

Spring Hope 

Staley 

Stanley Creek 

Statesville 

Stedman 

Stems 




es 
(5 


1/51/50 O O 1/5 1/5 O 1/5 1/5 u"3 1/5 i/5 O j"j u"5 O 1/5 i/5 i/5 O 
00 >-> mi-i M n NVOvOvOvOvOvO i/5 CO r^OOVO -"J-N 1/5 




MMHMNl-IMI-iMMMMMI-IMMI-IMMMM 


■ aT 
z ft 

25? 

< be 

>■ o3 

5 2 


S 


i si 1 
§ 2 t 

a a s 

3 3 s 
o o c 

8 8 £ 


Murphy 

Nantahala. _ __ _ 

Nashville 

Neals 


1 i 1 ! 1 ! i 

^^^^o^Si.'SSix'cdJs 


cd 
(2 


u-> o o 1/50 1/5 o ioioo o o loioioLou^iomo o 


e» 


s 9 

LLl „Q 

Uj *2 

o a 

35 H 

° 2 
CC -° 

= § 
CO o 

il ft 

z§ 

o *-" 

co x 

Ul — 4 

1- CD 
^ ■+= 


o 


"2 o t> 

§ 2 c 

* 1 i 

o o c 

W M S 


Hope Mills 

Hot Springs 

House 

Hub „ 


Iredell 

Iron 

Ivanhoe 

Jamestown __. 

Jamesville 

Jonesboro 

Julian 

Kelford 

Kenly 

Kernersville 

Kerr 

Keyser 


u 

co 

05 


O O 1/5 O 1/50 1/5 1/5 1/5 1/5 O 1/5 O V) If) O i/5 1/5 1/5 >/5 1/5 
i/5 i/5 f» 00 VO M VO M cs roovo O — vO tf> *•> m m C5 >-• 


** 


o 


i >> 
D eg a 

"H | 5 
3 rt c! 

UPC 


Dalton 

Davidson College,- _. 

Dillsboro 

Donnoha 

Dud lev 


! i * ! i I i ba . i I 

! S ! o ~ ° o | -' J a « 

'a^^n-g'ui^-d-S^Sg 

33cd^n»^^iia>5cd 




cd 


OOOi/5ioOOOi/5000i/50i/50i/50inOi/5 
CO M CCSvO O-- f-VOOO OVO00 IOCS 1/5 « C7> " CO \£> 




MN MMMI-lNNI-IM«l-tWl-ll-l»-t»HMI-ll-lM 




o 


a 1 

SJ 1 CJ 

I- — j cd 
<u >d > 

^3 13 T3 
<J <J <j 


Ahoskie 

Albemarle.. _ _ 
Alexander 

Almond _. 

Andrews __ __ _ . .. 


! M 
'il'!! u 

! ! J a * £ 1 2 CJ j 

jj cdT3^x^-2i-a £ r: ^ » 

Act-i-itow-i-i33>icdcd<Liaj 



92 



N. C. CORPORATION COMMISSION. 



M O Tf 



•o r ,2 

<u D rt 

M O > 

o o o 

35 « « 



a S 
s * 

Cfi CO 



H H 






H H H 



> bO 

•s g 



£ £ £ 



32 



+? v <u 
2 a a 

Ph ' Pw- Ph 



o 

5 a 



lO o O to 

>o oo vo r^ 



M M M M 



cfl rt 

>4 >4 



"3 3 



c 

^ 2 « 

s ° ° 

> P g 



5 J 



o> 



s C4 



^ ^; o 



* 5 o 



H Ih 3 



a 



0> ^5 .-^ ^5 



fcfttnOOOOOOOOOOO 



w J 



a "s 



i 1 



a S .2 



o _ 

be "53 

a a 

PQ PQ 



a 

I be 

c8 cd cd 

U O U 



RELATION OF RAILROAD COMPANIES TO TARIFFS. 



93 



vg s? 



10 •*> in iq 



o 
u 

5 a 



W> & 



£~ £ £ £ £ £ £ 



w cc 



a 

a o 
° ti 



a 

3 i 



* * * £ £ £ 



8 5 



J *o 



c* oj ckj g tf 



K .^ .S .3 -S 



oJ &i ai 



ai o£ & 



±* a. 



E § 

o o 



a 


£ 


s 


§ 


§ 


§ 


§ 


25 


S 


s 


a 


8 


§ 


§ 


s 


S 


g 


2 


s 


8 


g 


s 


§ 


§ 


§ 


§ 


in 




m 

MO 


o 


? 


o 


m 


J? 


m 
m 


lO 


UO 


UO 


O 
00 


ID 

SO 


VO 


o 




^ 


o 

m 


o 
o 


o 


o 




m 


m 
>n 


o 



o o 



> 2 

a to 

V <L> 

o o 



a -2 .. 

CO CO CO 



3 >> 



05 

CO CO 



2 cU 



-a « 



« .2 o 

•^ o u 

O Oj O 

-a bo a 



WWwWKWfflaH 



m 



uO 



u-Siu 



n s 
■a a ~ 



* 2 

u CO 

<u .5 

5 X! 

a a 



m ^ >, 



u a a u 



94 



N. C. CORPORATION COMMISSION. 





o '2 



H 


* 


CS 


ja 


z 


o 






X 


<D 


<z> 


X 


«r 


O 


£ 


X2 

«*-! 


s 


C$ 


o 


w 


QC 




U. 




UJ 


o 


1- 
< 


QC 


T3 



CO 



O 

— ft 



to vj «o 






mooooooooiou-)iouoiou-)OOiomoio 
t^-o v in m r^Loo mpt<o>o^D moo ioiom n ' .n n 


o 


a 1 si 1 i ■ 1 1 1 1 ! § ! ! ! 1 ! 1 ! ! ! & 

W o £ ' "5 ! '-a " ts ! J J ! ! ! J .5 
5>2.25 l 5 l 5^££^££ 1 °'s2 S* S= H « cs 



a & 

o o 
W H 



3 3 



a a 



<2 "s o v, s« 

;s c i- i- ?►> 

a; ci w u 4i 

H W M fed M 



Q Q Q Q 



WWW 



o "3 

s 2 

a § 

w w w w 



to 

2 ■ 

S § 

"3 'os 

fe w 



Q\ M M 



m m 00 



B 
a. 



■0 
b 

g 

X 

< 




1 

i 

< 


J 

< 


u 

V 

a 3 

< < 


1 

E 

< 


< 


! 

< 


< 


1 

i 


1 

4 

a 

< 


a fcl 3 

R ® *» 

8 1? 

S 2 E 

3 3 S 


1 

< 


S 5 


Belew's Creek 

Belmont 



RELATION OP RAILROAD COMPANIES TO TARIFFS. 



95 






S3 >> 



3 W H CO k" k" k" 

t< P fc> > £ £ £ 



3° 



^ ^ ^ 



o t^ t~- 



> 4> 

1-5 •- 



ti tf g 



U") lO lO >o 



o 

g 

S? ° 

bo en 

a 



M M « W 



CO p 
cfl cS 

►4 hJ 



° 5 

5 3 



bo "C 

a a u X bo 

I 2 o | .5 

s 9 a & « 

n) u v <u <u 

►a ,4 a h? >4 



o o 



.4 >4 -r 



SJ o 

►4 4 



S S § 



8 8 8 



8 a 



« — — 



o 3 



o 

lit 

a S 5 



1* <A 0) +J 

S Bfl cd <d cd w rt 

h o o c o o o 



o o 



a 

III 
o o o 



55 a 



T3 


73 


o 


ed 


a 

SB 


O 


O 


o 


Ih 










O 





O 



M n m 



S 2 

us J3 



IS 



« m 



a 

o „ 

to 13 

o c 

3 * 



u o 



a u u 



96 



N C. CORPORATION COMMISSION. 



It 


8 


o 

o 


to 


o 

o 


JO 


o 


lO 


o 




g> 


o 


lO 


to 


o 

tO 


8 


8 


cd 


































c* 


o» 


































(0 


























a 








































s 


cd 

a 

V 
Ih 

I-. 

cd 


i 

Ed 
cd 


* 

J3 
M 

Cd 


01 

'> 
CO 

<u 

n 
>, 

cd 


a 
o 

2 
13 


1 

t 

V 

M 

s 

2 


1 

2 


IS 


o 

t-, 

o 

J* 


a 
o 
tn 

a 


a 

o 

"So 

o 

i 


n 

IB 


'a 
J2 


"3 

00 

H 

o 

c 


'> 

CO 

H 
§ 


.2 

O 




£ 


£ 


£ 


£ 


* 


5 


£ 


£ 


i 


1 


p 


£ 


i 


£ 


si 



- 2 9 5, rt 

§ « i * I 

5 a j fl ko 

§ .y .y .y 3 

g< S 3 3 3 



"cd "cd 



io to to m 



s § § 



>> cd 

a & 

cd cd 



x 2 



v .s ^ 



§ § 3 § § § § 



> be 

O O co cd 

.o o ^ *J 

.- ^5 o o 

§ 2 S S 



2 2 



o 

u v 



>> eg 






OOOOOOOOSWWMttBWWaW 



u n 



www 



























§ 








iO 










o 


8 












o 


VO 




v& 




lO 


VO 


to 


o 


VO 


to 


VD 


vO 


o 


CN 






to 


cd 












































<N 


M 


06 


«A 
















































j 






























So 
















































C 


















































































































j 






























ft 
















o 
































r/> 


















a 

u 
s 
o 

.O 

cd 


w 

a 

cd 


o 
cd 


4) 

"> 
>> 
;-. 
1- 
U 

A 


o 

j- 

O 
cd 
H 

2 


a 


1 

5 

cd 


a 

o 

ed 


a 
o 

>> 

cd 


a 

o 

5 

a 

0-1 


T3 
C 
cd 

> 


cd 

a 


n 
o 




o 
o 

o 
o 


11 
o 

a 
o 


CO 

V. 

n 



a 
o 


hi 

> 
o 
c 
o 


to 

o 

n 

3 
O 


O 

a 

•V 
<u 
<u 

Ui 


1 


s 


3 
O 


o 

a 

a 

3 




a 


U 


y 


Q 


u 


U 


U 


U 


a 


u 


o 


U 


u 


CI 


U 


o 


u 


U 


U 


U 


u 


U 


U 



EXPRESS FREIGHT CLASSIFICATION. 



97 



Express Freight Classification. 



RULES. 



i. Graduated Rates apply to matter weighing 
less than ioo pounds when the rate is ur der $2 00 
(I) per 100 pounds and to matter weighing less 
than 50 pounds when the rate is $2 00 (I) or more 
per 100 pounds Example :— Between points 
where the rate per 100 pounds is $1 75 (H) a box 
weighing 73 pounds must be charged for at the 
graduated rate under Si 75 (H), which makes the 
proper charge on " over 70 to 75 pounds " *i 50 

Packages exceeding 7 pounds, carried by more 
than one company, graduated for each company 
unless otherwise instructed 

2. When the rate between any two points is not 
given in the graduated rates, use the next higher 
rate for making pice, but do not charge more 
than for 100 pounds at the actual rate Exam- 
ple : — The correct charge for 75 pounds at 80 
cents per 100 pounds would be 80 cents, and not 
$1.00 according to the graduate on 75 pounds at 
Si. 00. If the rate exceeds $2000 (CC) per 100 
pounds, charge pound rates, but never less than 
the $20 00 (CC) graduated late tor same weight. 

3 When the rate per 100 pounds is 82 00 (I) or 
more, charge pound rates for 50 pounds or over ; 
but the charge for less than 50 pounds in weight 
must not be greater than the charge for 50 
pounds. If less than I2.00 (I; per 100 pounds, 
charge graduated rates. 

Two or more packages weighing each 20 pounds 
or over forwarded by one shipper at the same 
time to one consignee, may be charged for on the 
aggregate weight as above. 

Packages weighing less than 20 pounds each, 
shipped as in the foregoing section, may be 
aggregated, provided they are estimated and 
charged for as weighing 20 pounds each. Actual 
weight only must be entered on the way-bill 

If articles of different classes are aggregated, 
the charge must be made at the rate applying to 
the highest class. 

To properly carry out the above provisions in 
regard to aggregating the weights and charges 
on two or more packages sent by one shipper to 
one consignee, receiving clerks and wagon men 
are hereby instructed that in all cases when two 
or more articles are shipped at the same time to 
one address, to mark distinctly on each and every 
article the number receipted for and the hour of 
the day, thus : 3 pkgs. n a m., 2 pkgs. 4 p. m. 

All matter must be charged for at actual gross 
weight at the time of shipment, unless otherwise 
specially provided for. Estimated weights on 
shipments usually made with ice are only to be 
applied when ice is used. When no ice is used 
gross weights must be charged. 

4. Extra Rate Charges. — On matter subject 
to extra rate, as one and one-half or double rate, 
find graduated rate according to tariff, and then 
add one-half, or double it, as required. Exam- 
ple :— If a package weighs 25 pounds rated at 
double rate, and the rate to destination is $1.00 
(E) per 100 pounds, the charge for 20 to 25 pounds 
is 50 cents, double this— $1.00 is the proper 
amount. 

5. Valuation Charges.— When the value of 
any merchandise shipment (C. O D. or other- 
wise) exceeds $50.00, the following additional 
charge must be madeon value : (Charge for value 
whether insured or not). 



When merchandise rate is $1 00 or less per ioc 
pounds, 5 cents for each $100 value or fraction 
thereof. 

When merchandise rate exceeds $1.00 and not 
more than S3 00 per 100 pounds, 10 cents for each 
$100 value or fraction thereof. 

When merchandise rate exceeds S3.00 and not 
more than $8 00 per 100 pounds, 15 cents for each 
$100 value or fraction thereof 

When merchandise rate exceeds S8.00 per ioo 
pounds, 20 cents for each $100 value or fraction 
thereof. 

These rates must not be applied to shipments 
of money or bonds, being intended to apply only 
to packages or shipments of merchandise, jewelry 
and valuable papers. 

The charges for valuation above given are to 
be made on the through rate whether carried by 
one or more companies, and in the latter case are 
to be divided between the companies carrying on 
the same basis as said companies divide the 
transportation charges, except as noted below. 

7. C. O D. Matter— The letters " C. O. D." 
and amount to be collected must be plainly 
marked upon each article, with which a bill is 
sent to be collected on delivery, and a similar en- 
try made upon the way-bill. If shipper requires 
collection of cha ges for return of money, the C. 
O. D envelope and package must be plainly 

marked " C. O. D. $ and return charges" and 

so way-billed. 

Allow examination of C. O. D. matter only 
upon written authority of shipper endorsed by 
ageut at shipping point. When such authority 
is endorsed on the transfer envelope, it shall also 
be accepted. Such endorsement not to be made 
until shippers sign an agreement releasing the 
company from all loss incident to such examina- 
tion. 

All orders to deliver C. O. D goods without col- 
lecting C O. D. must have the approval of the 
agent of the company at the shipping point. 

When C. O. D matter is, by order of shipper, 
through the agent at point of shipment, delivered 
without collecting, return the C. O. D. bill and 
envelope way-bill free. 

If C O D matter is refused, or can not be de- 
livered, the shipper must be immediately notified, 
and if not disposed of within thirty days after 
such notice, it may be returned subject to charges 
both ways. 

C. O D. matter, and paid C. O D.'s returned to 
shipper, must take same route and pass through 
the hands of same company or companies as 
when originally forwarded 

C. O. D 's and Collections Between the 
United States and Other Countries — Ship- 
pers desiring currency or coin different from that 
current where .-ollecrion is to be made, must write 
their instructions plainly on the C. O. D. bill or 
collection. 

8. Give a receipt of the prescribed form for all 
matter received without regard to the distance 
to be carried. Always ask shippers to declare the 
value, and when given insert it in the receipt, 
mark it on the package and enter amount on the 
way-bill If shippers refuse to state value, write 
or stamp on the receipt " Value asked and not 



98 



N. C. CORPORATION COMMISSION. 



given." When received at owner's risk, write or 
stamp on face of receipt "At owner's risk." 

Receive stove and other fragile castings, fire- 
brick and emery wheels at owner's risk only, 

9. Require prepayment or guarantee ot charges 
for. and so way-bill, old valises, hand-bags, bun- 
dles of blankets, seels, cuttings, shrubbery, 
plants, samples, medicines, and for all matter 
evidently not worth charges. 

When matter is way-billed or transferred guar- 
anteed, the guarantee covers the charges of all 
companies carrying to original point of desti- 
nation, and is limited to 60 davs. Therefore, 
agents receiving matter way billed "Guaran- 



teed " must report to billingoffice within 6o-days 
of date of way-bill any failure to collect charges 
on same. 

10. Gunpowder, dynamite, kerosene, benzine, 
naphtha, gasoline, matches and all other explo 
sive or dangerous inflammable oils, acids or ma- 
terials must not be received for transportation, 

Men, women or children must not be received 
for transportation 

ir. Fancy p jultry, pet stock or dogs that have 
paid double merchandise rate-! to fairs and exhi- 
bitions, mav be returned free if accompanied by 
a certificate from ihe secretary that they are be- 
ing returned to the original owner. 



CLASSIFICATION. 

Explanations:— Special rules under each heading app'y to all articles enumerated thereunder. 
Mdse. stand* for Single Merchindise Rate: ^ Mdse for One half Merchandise Rate: 1% Mdse for 
One and One-Half Merchandise Rate; D Mdse for Double Merchandise rate; 3 t Mdse. for Three 
Times Merchandise Rate, etc.; Special for special Rates or scales of Special Rates In the absence of 
Special Rates on Special Rate matter use Single Merchandise Rates; O. R f>r Owner's Risk; O. R. B. 
for Owner's Risk of Breakage; K. D. for Knocked Down: Minimum for Minimum charge on a single 
shipment - i. e., no single ch irge less than the one specified 

All articles not enumerated below, or not analogous to those enumerated, are to be charged for at 
Merchandise Rates. 



Acids, dangerous, refuse, see Rule 10. 

Advertising Matter, see Section A. 

Agricultural Implements, bulky D. Mdse. 

Flows, ordinary stirring and break- 
ing Mdse. 

Ale, see Scale of Rates. 

Animals, see Section A and Section D. 

Animals. Receive them only at O. R | 

of injury, deatn or escape, taking a 

release as provided for Live Stock 

Feed and utensils must be provi- 
ded by shippers. They must be 

boxed or caged. Enter the number 

of animals in each box or cage on 

wa\ -bill. Charges must be pre 

paid or guaranteed. See Rnle u_ 

Alligators, live i- Mdse. 

Cats 

Deer 

Dogs, in boxes at actual weight, or 

securely chained, at 100 lbs. each- 
Ferrets 

Guinea Pigs 

Opossums 

Pet Animals 

Rabbits j 

Antlers D. Mdse. 

B 

Beef Fat, see General Specials. 

Deer, see Scale of Rates. 

Beer Tonic, see Scale of Rates. 

Bees, in stands, O. R i l £ Mdse. 

Benzine, refuse, see Rule 10. 

Bicycles Ordinary, see Vehicles. 

Bicycles— Railroad, taken apart, see 
Vehicles. 

Bicycles— Safety, K. D and crated see 
Vehicles. 

Bicycle Wheels, see Vehicles. 

Birds— Live. Receive them only at O. 
R. of injury, death or escape, taking 
a release as provided for Live Stock 
Feed and utensils must be provided 
by shippers Charges must be pre- 
paid or guaranteed Hnter the num- 
ber in each crate on the way-bill— D. Mdse. 

Blanks, printed, bound or in sheets, 
see Section D. 

Blotters and Blotting Pads, see Section 
D. 

Boats must be receipted for at owner's 
risk, with the understanding that if 



they cannot be loaded in cars they 
are to be placed on deck. When they 
exceed 38 feet in length hey must 
be accepted only by special agree- 
ment, and when destined to offices 
of other companies must not be ac- 
cepted without their permission. 

Metallic Folding Boats, securely pack, 
ed 

Row Boats and Canoes including pad- 
dles and equipment, minimum $2.00 

Shells and all Racing Crafts, includ- 
ing Outriggers, minimum $4 00 

Boats (except metallic folding boats), 
when securely and completely box- 
ed, so that freight of all descriptions 
and weight can be loaded on top 

Books, printed bound or unbound, see 
Section D. 

Book Cases, same as Furniture. 

Bread, pound rates, minimum 25 cts_ 

Buggies, see Vehicles. 

Bulbs, see Section D. 

Burial Cases 

Burros, see Live Stock. 

Butter, see General Specials. 



Calendars, see Section D. 

Calves, see Live Stock. 

Calves, dresstd see General Specials 

Cameras— Photograph.securely boxed 

Cameras— Photograph, in light carry 
ing cases 

Canoes, see Boats 

Cards, printed, see Section D. 

Cartiages see Vehicles 

Castings Fragile, receive only at O. 
R. B , see Rule 8. 

Catalogues, see Section D 

Catalogues and Prices Current with 
prices extended to or from dealers 
and their traveling salesmen Value 
limited to $10 00. see Section B. 

Cats, see Animals 

Celery, see General Specials. 

Chairs, see Furniture. 

Chesfnuts. } see General Specials. 
Children, refuse. See Rule 10. 
Chromos, se- Pictures, also Section D. 
Chromo, Lithographs, see Section D. 
Chronometers, see Instruments. 



D. Mdse. 
4 t Mdse. 
8 t Mdse. 

3 t Mdse. 

Mdse. 
Mdse. 



Mdse. 
D. Mdse. 



EXPRESS FREIGHT CLASSIFICATION. 



99 



RATE. 

Cider, see Scale of Rates. 

Cigar B xes, empty Mdse. 

Circulars, see Section B. 

Clams, in shells, see General Specials. 

Clothing, packages of, to or from 
Laundries, see ^ectiou B 

Colts, see Live Stock. 

Corn, cooked, sample cans of, see Sec- 
tion B 

Corpses double the lowest first-class 
passenger fare, but never ess than 
$5.00 for any distance, except that 
those of children under 12 years of 
age mny be carried at single adult 
passenger fare, but never less than 
$250. When carried by two or more 
companies the charges shall be pro- 
rated on the basis ot the local mer- 
chandise rates, provided that the 
charge for each company shall not 
be less than $3.00 for an adult or 
$2 00 for a child under 12 years. 
Charges must be prepaid or guaran- 
teed. Corpses must be placed in 
such coffins or cases as will prevent 
the escape of offensive odors A cer- 
tificate of physician or health officer 
stating cause of death and that it 
was not from infectious or contagi- 
ous disease, must be attached to the 
way bill and duplicate pasted on top 
of ca-e 

Cows, see Live Stock. 

Crabs, see General Specials. 

Crabs, deviled or cooked Mdse. 

Crayon Portraits, see Pictures. 

Cuttings, see Section D. 

D 

Deer, see Animals. 

Desks — School, see Furniture. 

Desks — Office, same as Furniture. 

Dogs, see Animals. 

Doll Carriages and Doll Chairs, of 

small value Mdse. 

Dressed Poultry, see General Specials, 

Dress Forms D. Mdse. 

Dynamite, refuse, see Rule 10. 

E 

Eggs, see General Specials. 

Emery Wheels, see Rule 8 Mdse. 

Empties, O. R , returned by the com 
pany that carried them when full. 
Unless otherwise provided for, they 
must be called for and delivered by 
owners, and charges must be pre- 
paid. Empties not enumerated are 
to be charged for in accordance 
with size aud weight of analogous 
empties When carried by two or 
more companies between common 
points, charges to be divided equal- 
ly, delivering company to have the 
odd cent. Empties that have not 
been shipped full by express, charge 
merchandise rates 

Rags and Sacks for news companies- Free. 

Beer Empties Free. 

Berry-Stands or Crates 10c. Each. 

Bread Baskets or Boxes 5c. Each. 

Butter Tubs (and all butter empties 
except refrigerators) 5c. Each. 

Butter Refrigerators 15c. Each, 

Cans, in boxes or kegs, and oil cans 
in jackets 10c. Each. 

Cans, for Alcohol, Fish, Oils and Var- 
nishes. They may deliver to regu- 
ular patrons 15c. Each. 

Clothing Baskets fur clothing houses 
and merchant tailors 25c. Each. 



Coops ioc. Each. 

Crates and Keuueis. pet animal or 
dog. minimum 50 cents 14 Mdse. 

Demijohns, in boxes or kegs ioc. Each 

Kerg Cases 5c. Each. 

Fruit Empties 10c Each. 

Gas Cylinders, minimum 15 cents % Mdse 

Homing Pigeon Baskets, minimum 50 
cents each for each company carry 
ing Mdse. 

Ice Cream Freezers, minimum 15c y 2 Mdse, 

Jars 5c. Each. 

Jugs, in boxes or kegs ioc. Each, 

Kumyss Boxes 25c. Each. 

Liquor Keys ioc. Each. 

Meat Boxes may be returned, subject 
to charges on delivery, by agree- 
ment with owners 25c. Each. 

Mi k Cans Free. 

Mineral Water Cases , Free 

Oyster Empties Free. 

Oyster Empties, new. sent to be filled 
and returned by express — Tubs or 
Pails 5c. Each. 

Other New Oyster Empties ioc. Each. 

Pony Refrigerators, for fruit 25c Each. 

Soda Fountains minimum 15c % Mdse 

Soda Water Cases Free. 

Engravings, see Pictures also Sec. D. 

Envelopes, address printed, seeSec.D. 

Explosives, refuse, 

F 

Feathers, closely compressed and 
baled Mdse. 

Feathers, not closely compressed and 
baled D Mdse. 

Ferrets, see Animals. 

Firearms, O. R. 
Guns or Rifles, trussed or boxed, or 
taken apart and packed in sole 

leather or canvas cases Mdse. 

When not so packed 3 t Mdse. 

Pistols or Revolvers securely packed Mdse. 

Fire Brick, see Rule 8 Mdse. 

Fish Fresh, smoked or dried, see 
General Specials 

Fish— Live. When carried by more 
than one company, rates on "Pack- 
ages each 7 lbs or less," do not ap- 
ply Mdse. 

Fruit, see General Specials. 

Furniture O. R. B. 

Boxed or crated Mdse- 

Not boxed or crated D. Mdse* 

Burlapped except chairs, from man- 
ufacturers only Mdse. 

Chairs, boxed or crated Mdse. 

Chairs, not boxed or crated and not 

otherwise specified D Mdse. 

Chairs, Barber, burlapped, boxed or 

crated Mdse. 

Chairs, Dentists', boxed or crated, 

not exceeding $75 in value Mdse. 

Chairs. Dentists', boxed or crated, 

exceeding $75 in value D. Mdse. 

Chairs, Iron Frame or Folding 

Opera Mdse 

Letter File Cases, boxed or crated-- Mdse. 

Piano Stools boxed or crated Mdse. 

Piano Stools, not boxed or crated--- D. Mdse. 
School Desks Mdse. 

Furs — Coarse, including undressed 
skins, see General Specials 

Furs— Dressed Mdse. 



Game, see General Specials, 
Gasolin e. refuse, see Rule 10 



100 



N. C. CORPORATION COMMISSION. 



General Specials,at pound rates, and ") 
unless otherwise provided for, «t 
gross weight; no charge less than 
35 cents, unless graduate under 
General Specials, or Merchandise 
Rate is less. Two or more pack- 
ages from the same shipper at the 
same time to the same consignee 
may be aggregated and charged 
for as cue prepayment of charges 
will be required on all shipments 
from or to parties found guilty of 
understating the contents or net 
weight of packages carried at es- 
timated weights. 

Beef Fat 

Butter* 

Calves, dressed 

Celery 

Cheese 

Chestnuts 

Clams, in shells 

Crabs, live 

Crab Meat, raw (not including dev- 
iled or cooked crabs) 

Eggs 

Fish*, fresh, smoked or dried 

Fruit 

Furs, coarse, including undres.-ed 
skins of any kind 

Game*, between December i and 
March 31, no allowance for ice 
will be made 

Hides, green 

Lard 

Lobsters* y Special. 

Meat* fresh or cured 

Oleo Butter 

Oleo Oil 

Oysters in bulk, 10 lbs , per gallon. 1 
except when sold by count, 100 I 
counts shall be estimated at 6 lbs , 
and 100 culls at 4 lbs 

OysteTS, in shell 

Oysters, canned 

Poultry *, dressed between Decem- 
ber 1st and March 31st no allow- 
ance for ice will be made 

Rabbits, dead 

Sausage*, fresh or cured 

Shrubs J", for setting, when boxed or 
baled and strawed; prepaid or 
guaranteed 

Skins, undressed 

Terrapin 

Trees t, for setting, when boxed or 
baled and strawed; prepaid or 
guaranteed 

Turtles, live 

Vegetables 

When ice is used for preservation, 
add 25 per cent to net weight, un- 
less actual gross weight is less at 
time of shipment* 

Shrubs and Trees f, for setting, when 
boxed, or baled and strawed, pre- 
paid or guaranteed, between 
points where no General Special 
is in force, may be t ken at 20 per 
cent less than merchandise raies, 
at pound rates, minimum charge 
35 cents. This applies only to 
points reached by rail m 

Ginger Ale. see Scale of Rates. 

Glass, must be boxed or crated, O.R.B. 

Ground D. Mdse. 

Mirrors D. Mdse. 

Stained D- Mdse. 

Show Cases D. Mdse 

Plate Mdse 

Signs Mdse. 

Window Mdse. 



Goats, see Live Stock. 
Guinea Pigs, see Animals. 
Guns, see Firearms. 
Gunpowder, refuse, see Rule 10. 

H 

Hand Bags-old, see Rule 9. 
Hand Bills, see Section D. 
Heliotype Work, see Section D. 
Hides— Green, see General Specials. 

Hobby Horses d. Mdse. 

Hogs, see Live Stock 

Honey, O. R., refuse unless properly 

packed Mdse. 

Horses, see Live Stock. 

I 

Inflammables, refuse, see Rnle 10. 
Instruments, O. R 

Musical Instruments, encased in 
wooden boxes in addition to their 
own cases Mdse. 

Musical Instruments, not so boxed, 
not otherwise specified 3 t Mdse. 

Pianos, boxed, minimum $5.00 for 
each company carrying Mdse. 

Pianos, not boxed, minimum $5.00 
for each company carrying 1% Mdse. 

Organs boxed Mdse. 

Organs, not boxed, for music dealers Mdse. 

Organs, not boxed, for other than 
music dealers 1% Mdse. 

Surveyors' Instruments, except Tri- 
pods, must be refused unless boxed 

Surveyors' Instruments, euclosed in 
single box or case 3 t Mdse. 

Surveyors' Instruments, strapped so 
that they can not move in their 
own box or case, and covered with 
one or more additional boxes with 
proper packing between Mdse. 

Chronometers, must be refused un- 
less boxed 3 t Mdse. 

Thermometers, must be refused un- 
less boxed or securely packed. 
Value not exceeding $5 00 each___ Mdse. 

Value exceeding $5 00 each D Mdse. 

Tripods Mdse. 

Insurance Policies, blank, see Sec. D. 

J 

Jewelry, sealed or unsealed, gradu- 
ated rates Mdse. 

K 

Kerosene, refuse, see Rule 10. 

L 

Labels, see Section D 

Lard, see General Specials. 

Laundries, packages of clothing, ship- 
ped to or by, see Section B. 

Letter File Cases, see Furniture. 

Lithographed Views of Cities, mount- 
ed on cloth, with rollers, see Sec. D. 

Lithographic Stones, O. R., must be 
boxed or crated D Mdse. 

Liquids, in glass, demijohns or earth- 
enware, O. R. Refuse when en 
closed in paper or paper boxes or 
otherwise improperly packed Mdse. 

Lithographs, see Pictures, also Sec. D. 

Live Stock. Receive only at O. R of 
death, injury or escape Shippers 
must be required to sign a contract 
on the form furnished by the com- 
pany, releasing the express as welt 
as all transportation companies, 

' whose lines may be used, from any 
and all liability for loss or damage. 



EXPRESS FREIGHT CLASSIFICATION 



101 



RATE. 

Live Stock — Continued. 

Feed and utensils must be provided 
by shippers. Charges must be pre- 
paid or guaranteed. Horses must 
not be taken unless authorized by 
superintendents. 

Burros, crated :__ Mdse. 

Burros, not crated, not exceeding 500 
pounds in weight and $100 in value, 
minimum $5 for each company car- 
rying 1 Yi Mdse. 

Calves, crated Mdse. 

Colts, see Ponies. 

Cows, not crated, estimate single ani- 
mat at 1,000 pounds D. Mdse. 

Hogs* l Crated Mdse - 

Horses, estimate single animal at 
1,000 pounds, minimum $25 for each 
company carrying in absence of an 
agreement to divide the through 
rate 3 t Mdse. 

Horses, car-loads of ten horses, esti- 
mated at 10.000 pounds, and 1,000 
pounds more for each additional 
horse Mdse. 

Ponies or Colts, not exceeding 500 
pounds in weight and §100 in value, 
minimum $10 for each company car 
rying in absence of an agreement 
to divide the through rate — 

When not crated 1% Mdse. 

When crated Mdse. 

A Pony, Colt or Horse weighing over 
500 pounds net, will be classified 
same as a horse. 

Sheep, crated Mdse. 

Lobsters, see General Specials. 

M 

Magazines, see Section D. 

Maps, see Section D. 

Marble and Slate, manufactured, must 

be boxed or crated, O, R Mdse. 

Matches, refuse, see Rule 10. 

Mattresses Mdse. 

Meat, sample cans of, from packing 

houses, see Section B. 
Meat— Fresh or Cured, see General 

Specials 
Men, refuse, see Rule 10. 
Mineral Water. 
Mirrors, see Glass. 

N 

Naphtha, refuse, see Rule 10. 
Negatives, see Photographic Dry Plates. 
Newspapers, charge according to local 

agreements. 
Newspapers, auxiliary, see Section B. 

o 

Oars, crated Mdse 

©ars not crated D. Mdse 

8!eoOil. ter ' J See General Specials. 

Oils, explosive or inflammable, refuse, 
see Rule 10. 

Opera Chairs, see Furniture. 

Opossums, see Animals. 

Organs, see Instruments. 

Oysters, see General Specials. 

Oyste Posters and Oyster Signs, not 
exceeding 20 pounds in weight,from 
oyster dealers Free. 

P 

Paintings, see Pictures. 

Pamphlets, see Section D, 

Paper for Cash Registers, see Section D. 

Patent Insides, see Section D. 



Peanut Roasters 

Periodicals, see Section D 
Photographs not framed, see Section D. 
Photographic Dry Plates and Nega- 
tives, O. R. B 

Pianos, see Instruments. 
Piano Stools see Furniture. 
Pictures, O. R., must be securely crated 
or boxed, and marked 'Pictures." 
"Oil Paintings," etc. Shippers 
must invariably declare value, and 
it must be entered on the receipt. 

Chromos ~| When the de-^ 

Crayon Portraits | clared value of I 



rate- 
Mdse- 



Mdse 



Engravings the 



Lithograph* 
Machine or Sten- 
cil Paintings.- 
Oil Paintings- 
Pictures 

Water Colors 



lpment 
is $50 or less, j 
r 

When the de-1 

clared value of I 

I the shipment f 

j exceeds $50 J 



Pigeons — Live, in coops for market or 

shooting tournaments O. R of 

injury, death or escape. 

Coops and contents must not weigh 

over 150 pounds ___ 

Pigeons— Live, shipped by Homing 
Pigeon Clubs. O. R of injury, death 
or escape, in heavy fiat-topped bas- 
kets, with sufficient food and water 
for the trip 

Pistols, see Firearms. 

Plants — Live, boxed or crated, so that 
they can be loaded with other freight 
without damage ; prepaid or guar- 
anteed 

Plants, when not so boxed or crated ; 
prepaid or guaranteed 

Plants, also see Section D. 

Plows, see Agricultural Implements. 

Ponies, see Live Stock. 

Pop, see Scale of Rates. 

Posters, see Section D. 

Poultry dressed, see General Specials. 

Poultry— Live, O R. of injury, death 
or escape. Food and utensils must 
be provided by shippers Coops and 
contents must not weigh over 150 
pounds. 

Poultry, for market 

Poultry, other than for market ; re- 
leased same as Live Stock ; charges 
must be prepaid or guaranteed ; en- 
ter the number of fowls in each 
coop on the way-bill. See Rule 11. 

Prices Current, see Section B. 

Produce, see General Specials. 

Prospectuses, see Section D. 

Proof Sheets, see Section D. 

Publications, see Section D. 



Quail — Live, in coops for market or 
shooting tournaments, O. R. of 
death, injury or escape Coops and 
contents must not weigh over 150 
pounds 



Rabbits — Dead, see General Specials. 
Rabbits — Live, see Animals. 
Reading Matter Plates, see Section B. 
Revolvers, see Firearms. 
Rifles, see Firearms 
Roots, see Section D. 

s 

Sausage— Fresh or Cured, see General 

Specials. 
School Desks, see Furniture. 
Scions, see Section D. 
Seeds, see Section D. 



Mdse. 



D. Mdse. 



Mdse. 



Mdse. 



Mdse. 
D. Mdse. 



Mdse. 



D. Mdse. 



Mdse. 



102 



N C. CORPORATION COMMISSION. 



RATE. 

Sewing Machines, racked or boxed __ Mdse. 

Sewing Machines, not racked or 
boxed, O R i% Mdse. 

Sheep, see Live Stock. 

Sheet Music, see Section D. 

Show Cards, unmounted, see Section D 

Show Cases, see Glass. 

Sh-ubs, see General Specials. 

Signs, see Glass, also see Section A. 

Skins— Dressed Mdse 

Skins— Undressed, see General Spe- 
cials. 

Slate, see Marble. 

Sleighs, see Vehicles. 

Soap, samples of, given away for ad- 
vertising purposes, see Section B. 

Soda Founts "charged" Mdse. 

Soda Water, see Scale of Rates. 

Spring Water, see ^ca'e of Rates. 

Statuary, O. R , must be boxed or 
crated D. Mdse. 

Stereoscopic Views, see Section D. 

Sulkies, see Vehicles 

Surveyors' Instruments, see Instru- 
ments. 

T 

Terrapin— Live, see General Specials. 

Theimometeis see Instruments. 

Tricycles, see Vehicles 

Tripods, see Instruments. 

Trees see General Specials. 

Turtles — Live, see General Specials. 

Typewriting Machines, securely boxed Mdse 

Typewriting Machines, when in their 
cases onlv, or not securely boxed, 
O. R_ _*_ D. Mdse. 

V 

Valises, see Rule 9. 

Vegetables, see General Specials. 

Vehicles- 
Bicycles, ordinary D. Mdse. 

Bicycles, railroad, taken apart Mdse. 

Bicycl<-s, safety, K. D and boxed or 
crated ,. Mdse. 



Vehicles — 

Bicycle Wheels, same as the machine 
io which they belong except that 
the small wheel of the "Ordina- 
ry " May be taken at merchan- 
dise rate when boxed or crated. 

Buggies, K D and boxed or crated. 1% Mdse. 

Buggies not K. D. and boxed or 
crated 3 t Mdse. 

Children's Carriages I) Mdse. 

Carriages. K D. and boxed or crated 1% Mdse. 

Carriages, not K D and boxed and 
crated 3 t Mdse. 

Carriage or Buggy Poles, with sin- 
gle-trees securely attached Mdse. 

Cutters, with Tnills detached boxed 
or crated \ l / 2 Mdse. 

Sleighs, K D and boxed or crated— \% Mdse. 

Sleigh-;, not K I) nor boxed or crated 3 t Mdse. 

Sleighs, with Thills detached, boxed 
or crated 1% Mdse. 

Sulkies. K. D and boxed or crated— 1% Mdse. 

Sulkies, not K D and boxed or 
crated 3 t Mdse. 

Tricycles, K, D. and boxed or crated Mdse. 

Tricycles, not K D. and boxed or 
crared D Mdse. 

Velocipedes D Mdse. 

Velocipedes— Children's Mdse. 

w 

Watches, see Jewelrv. 
Women, refuse, see Rule 10. 

Y 

Yeast. Compressed, pound rates, min- 
imum charge. 35 cents, unless grad- 
uate is less. Casescbntainingsolbs. 
of Yeast may be rated at 6 lbs Pack- 
ages weighing \y 2 lbs. or less may Special, 
be taken over the lines of one com- 
pany for 15 cents and x / 2 cent for 
each additional ounce, unless grad- 
uate or pound rate minimum is less 



DECISIONS 

AND 

ADJUSTMENT of COMPLAINTS 



STATE OF NORTH CAROLINA ON THE RELATION OP THE NORTH CAR- 
OLINA CORPORATION COMMISSION. 
vs. 
SEABOARD AIR LINE. 

On September 5, the Commission issued Circular No. 9, and amended by Circu- 
lar No. 10, promulgating rates of freight on cotton seed and cotton-seed hulls, 
applicable to all railroads, as follows: 

RATES OP FREIGHT ON COTTON SEED AND COTTON-SEED HULLS. 

On and after the 15th day of September, 1899, the maximum freight rates on 
cotton seed and cotton-seed hulls on all railroads in this State will be as follows: 



Miles. 



5— 

IO 

15— 

20 

25— 
30— 
35— 
40— 
45— 
50— 
55— 
60— 
65— 
70 — 

75 — 
8o___ 
85— 
90.„ 
95— 



c. 


L. 


j 


Per 


Tt 
80 

1 


60 1 

70 

80 

80 

90 

90 

95 
95 
00 
00 




1 


05 




1 


10 




1 
1 


10 
15 




1 


15 
•15 
20 




1 


20 





L. C. L., 
Packed. 



Per Ton. 

$0.75 

• 87/2 
1. 00 
1. 00 
1/.2K 
1. 1234 
1.18K 
1.18K 
'•25 
1.25 
MIX 
1.31K 
i.37^2 
I.37K 
1-43% 
I.43K 
1.50 
1 50 
I.56K 



Miles. 



no. 
120. 
130. 
140- 
150- 
160. 
170. 
180. 
190. 
200. 
210. 
220. 
230. 
240. 
250- 
260. 
270. 



C. I,. 


Iv. C. h, 
Packed. 


Per Ton. 

»i.2 5 


Per Ton. 

•i.5654 


1.30 


I.62j/ 2 


1.30 


1.62 J* 


1-35 


1.68% 


1-35 


1.68% 


1.40 


1-75 


1.40 


1-75 


i.45 


l.Sifc 


1-45 


l.Slfc 


i-5o 


1.87M 


1.50 


1.87M 


1-55 


1-93% 


1-55 


1-93% 


1.60 


2 00 


1.60 


2.00 


1.65 


2.oey 4 


1.65 


2.oey A 


1.70 


2.12% 



104 N. C. CORPORATION COMMISSION. 

The roads comprising the Seaboard Air Line System, to-wit: The Seaboard 
and Roanoke Railroad Company, The Raleigh and Gaston Railroad Company, 
The Durham and Northern Railroad Company, Raleigh and Augusta Air-Line 
Railroad Company, Carolina Central Railroad Company, Pittsboro Railroad 
Company, Palmetto Railroad Company, Louisburg Railroad Company, Roanoke 
and Tar River Railroad Company, in applying the above tariff and all other 
tariffs shall conform to Rule 1 of the Rules Governing the Transportation of 
Freight, as follows: 

"All connecting railroads which are under the management and control by 
lease, ownership or otherwise, of one and the same company, shall for purposes 
of transportation, in applying this tariff, be considered as constituting but one 
and the same road, and the rates shall be computed as upon parts of one and 
the same road." 

That is, upon a continuous mileage basis. 

The roads comprising the Atlantic Coast Line System, to-wit: The Wilming- 
ton and Weldon Railroad Company and its branches, Petersburg Railroad Com- 
pany, Wilmington, Columbia and Augusta Railroad Company, Norfolk and Car- 
olina Railroad Company and the Cheraw and Darlington Railroad Company, 
shall likewise conform to Rule I in applying the above tariff and all other 
tariffs. 

The various roads and branches of roads comprising the Southern Railway 
system in North Carolina shall, in applying this tariff and all other tariffs, con- 
form to said Rule I of the Rules Governing the Transportation of Freight. 

To this order the Seaboard Air Line filed exceptions, contending that the 
roads comprising the Seaboard Air Line are not under the management of one 
and the same company, but are separate and distinct companies, under different 
charters, and simply associated together for certain purposes, each preserving 
its own organization. 

The Commission overruled the exceptions and defendants appealed to Superior 
Court. Case pending. 



C. P. AYCOCK 

vs. 

NORFOLK & SOUTHERN RAILROAD COMPANY. 

Complaint of overcharge — overcharge refunded by defendant, and case closed. 



THE WILSON LUMBER COMPANY 

vs. 

THE CAROLINA AND NORTH WESTERN RAILWAY COMPANY. 

Complaint in this case alleged as follows: 

"We have contracts with men to furnish them a certain lot of lumber each 
week. We are away behind on these contracts, and they are threatening to 



COMPLAINTS AND DECISIONS. 105 

make us pay damages. The railroad people fail to furnish us cars for the 
shipment of this lumber, and we are suffering great loss and inconvenience 
thereby." 

Complainant filed a number of letters from customers who had contracted for 
lumber, complaining of loss and damage on account of the failure of complain- 
ants to furnish the lumber contracted for. 

Answer was filed through G. W. F. Harper, President of defendant company, 
admitting frequent failures to promptly handle the lumber offered for ship- 
ment, but that such failure was due to deficient equipment and the lack of 
funds to buy same. 

The case was set for hearing on January 3, 1900. On day of hearing a com- 
munication was received from plaintiff withdrawing complaint for the present, 
because of the change of management or ownership of the Carolina and North- 
western Railroad, and a promise of sufficient cars in the future for the hand- 
ling of all business offered. 

Permission to withdraw granted. Case closed. 



WM. L. LATTA 
vs. 
ATLANTIC COAST LINE RAILROAD COMPANY. 

Claim for damages on account of lost freight. Claim paid by defendant. Case 
closed. 



NORFOLK AND WESTERN RAILROAD COMPANY. 

To 

THE COMMISSION. 

Application was filed by petitioner requesting authority to abolish the agency 
at Price Station, and make same a flag and prepay station. 

Petitioners were requested to post a notice at the station to the effect that 
application would be made to the Commission to close the agency, etc., and at 
the end of thirty days to file with the Commission a certified copy of notice so 
posted. 

At a session of the Commission March 1, 1900, this case was called for hear- 
ing, and it appearing that a counter petition had been signed by the citizens 
of Price protesting against the abandonment of the agency, the Commission, 
after careful investigation and consideration, was of the opinion that the 
revenue derived from business done at Price Station justified the continuance of 
an agency, and it was ordered that the application be denied. 



106 N. C. CORPORATION COMMISSION. 

CITIZENS OF CHERRYVILLE 

vs. 

CAROLINA CENTRAL RAILROAD COMPANY. 

The petitioners in this case asked the Comimssion to require the defendant 
company to erect a suitable passenger building at Cherryville, a station on the 
line of defendant's road. 

Petition was answered through V. E. McBee, General Superintendent of 
defendant company's road, expressing a willingness to comply with the request 
of petitioners. 

At a session of the Commission April 14, 1900, it appearing that passenger 
accommodations satisfactory to petitioners had been furnished, and no further 
action being necessary, case was closed. 



WM. E. WORTH 

vs. 

SOUTHERN EXPRESS COMPANY. 

Complaint of excessive express freight rate on ice. 
New schedule of rates put in effect as follows: 
Prom 1 to 50 miles, 25 cents per 100 lbs. 
From 51 to 100 miles, 30 cents per 100 lbs. 
From 101 to 150 miles, 40 cents per 100 lbs. 
From 151 to 200 miles, 45 cents per 100 lbs. 
From 201 to 250 miles, 50 cents per 100 lbs. 

Failure to Observe Rule Regarding the Bulleting of Arrival of Trains. 

Complaint having been made to the Commission that Rule 13 of the rules- 
governing the transportation of passengers, was not being observed by the 
agents of the various railroad companies, under date of April 18, 1900, an order 
was issued to the officers of the companies calling attention to the rule, with 
the request that new instructions be given for a strict compliance with the 
order. 

Rule 13 reads as follows: 

"It shall be the duty of each railroad company to bulletin at every telegraph 
station along its line, and other stations if possible, ten minutes in advance of 
the schedule time of arrival of its trains, whether such train is on time, and if 
behind its schedule time to state, as near as can be approximated, the time of 
its arrival. The bulletin board shall be placed in a conspicuous place at the 
ticket-office, and all notices thereon of arrival and departure of trains shall be 
erased immediately after the departure of trains." 



COMPLAINTS AND DECISIONS. 107 

CITIZENS OP WHITTIBR 

vs. 

SOUTHERN RAILWAY COMPANY. 

This was a petition from the citizens of Whittier, asking that defendant be 
required to build a new depot at said station, or make such additions and re- 
pairs to the old one as would make it respectable, and furnish such cor- 
veniences as would meet the demands of the public. 

Petitioners alleged that the business done at the place was such as to justify 
the company in the expense that would be necessary to erect a new building. 
Petitioners alleged further that the present building was a small rough one. 
with one very small waiting room, in which all races had to congregate while 
waiting for trains. 

A. B. Andrews, First Vice-President of the Company, in answering the com- 
plaint, advised the Commission that the relief asked for by the petitioners 
would be granted, and that instructions had been given for the remodeling of 
the station according to the standard stations — that is, with freight room, 20 x 
30 feet; office room, 8 x 22 feet; and two waiting rooms, each 10 x 12 feet. 

It appearing that this wouid be satisfactory to the petitioners, and no further 
relief being demanded, the case was closed. 



CITIZENS OF BUSHNELL 

vs. 

SOUTHERN RAILWAY COMPANY. 

Petitioners alleged insufficient depot and side-track accommodations at Busb- 
nell, a station on line of defenaant's road. 

Complaint was considered by the Commission. 

Defendant agreed to give the relief asked, and an order was issued to that 
effect. 



CITIZENS OF CANTON 

vs. 

SOUTHERN RAILWAY COMPANY. 

The citizens of Canton filed a petition before the Commission, asking that 
defendant be required to furnish Canton station with a larger and better depot. 
The petition alleged that Canton was a heavy shipping point, being the outlet 
to the railroad for the entire upper Pigeon Valley, stretching to a distance of 
fifteen miles south of Canton, and embracing one of the best agricultural, lum- 



108 N. C CORPORATION COMMISSION 

laer, fruit-growing and stock-raising sections of North Carolina. That there 
were five stores at Canton, which do a large volume of business, the owners of 
which alleging that the accommodations for shipping are entirely inadequate, 
in that the present depot is entirely too small for the amount of business done 
at said station; the freight rooms are too small, and the waiting rooms for 
passengers are insufficient, inconvenient and inadequate. 

The complaint was served, and answer thereto filed by A. B. Andrews, First 
Vice-President of defendant company, stating that the company was willing to 
grant the relief asked for by the petitioners, and that a new station building 
had been ordered to be erected, the dimensions being as lollows: Two waiting 
rooms, each ten by fourteen feet; an office room eight by twenty feet, with bay 
window, and wareroom twenty by twenty-eight feet. 

At a session of the Commission, April 27, 1900, the case was called for hear- 
ing, and it appearing that the defendant had given the relief asked for by 
petitioners, and that no further action was required, the case was closed. 



CITIZENS OF CANTON, WAYNESVILLE, AND OTHERS, 

vs. 
WESTERN UNION TELEGRAPH COMPANY AND SOUTHERN RAILWAY 

COMPANY. 

During the month of May complaints were filed by petitioners and others 
along the line of the Southern Railway, alleging that the business community 
was suffering great inconvenience and damage on account of the failure of 
defendants to receive, forward and deliver telegraphic messages promptly, and 
the forwarding and delivery of shipments of freight to and from various points 
on the line of Western North Carolina Railroad. These complaints were served 
on defendants, and answers were received, alleging that many of the employees 
had quit work without notice to defendants, but that the places were being 
filled as rapidly as possible with other employees, and that they were doing 
everything possible to have the proper service given to their patrons. 

At a session of the Commission May 24, 1900, it appearing that the cause of 
complaint had been remedied, and the relief asked for granted, no further 
action being required, the case was closed. 



ATLANTIC COAST LINE 

To 

THE COMMISSION. 



This was an application on the part of the Atlantic Coast Line Railroad Com- 
pany to be allowed to abandon Stewart's, a flag station on the Bennettsville 
branch of said railroad, and to open a station at Cameron's, one-half mile dis- 
tant. 



COMPLAINTS AND DECISIONS 10$ 

At a session of the Commission, May 24, it appearing that petitioner had 
posted a notice for thirty days that application would be made to the Commis- 
sion for the abandonment of this station, and it further appearing that no 
objections had been made to tne abandonment, ad that no one would be 
seriously inconvenienced by same, and that the community would be better 
served by the new station being opened, application was granted. 



MOUNT AIR\ FURNITURE COMPANY 

vs. 

SOUTHERN RAILWAY COMPANY. 

This complaint was filed by the Mount Airy Furniture Company, manufac- 
turers of furniture at Mount Airy, N. C, alleging that they were and had been 
caused great inconvenience and suffered considerable loss on account of the 
failure of defendant company to furnish furniture cars for the shipping of 
carloads of furniture. 

This complaint was served on defendant company with request that the 
relief asked be granted. 

At a session of the Commission, September 5, a letter was read from the 
complainants, stating that defendant was furnishing a sufficient number of 
cars for the moving of their furniture, and that no further redress was asked. 



CITIZENS OF HILLSBORO 

vs. 

SOUTHERN EXPRESS COMPANY. 

This was a petition from the citizens of Hillsboro, asking that hte defendant 
be required to establish an express office in a more convenient part of the 
town, as the present express office was at the railroad station, about one mile 
distant from the town, thus causing a great inconvenience to patrons of the 
Express Company. 

Defendant answered petition, expressing a willingness to grant the relief 
asked. 

At a session of the Commission, September 5, it appearing that the relief 
asked for had been granted, the case was closed. 



110 N. C. CORPORATION COMMISSION. 

CITIZENS OF MACKEY'S FERRY 

vs. 

NORFOLK AND SOUTHERN RAILROAD COMPANY. 

This was an application for depot accommodations at Mackey's Ferry, a 
station on the line of the Norfolk and Southern Railroad. 

Defendant answered that no complaint had been made to any official of the 
road for any greater facilities for the handling of freight or for the con- 
venience of passengers at Mackey's Ferry by any one, and that the business 
received at the place was not sufficient to justify more room or conveniences 
than now provided. 

Upon further investigation defendant agreed to erect a suitable station 
building. An order was issued to that effect, and the case closed. 



ATLANTIC COAST LINE 

To 

THE COMMISSION. 



This was a petition asking permission to move the flag station from Bowdens, 
to a point one-half mile north thereof, at which point it was aesired to estab- 
lish a regular agency, with telegraph facilities, etc. 

It appearing to the Commission that the community would be best subserved 
by the change, it was ordered that the petition be granted. 



EDWARDS & BROUGHTON 

vs. 

SEABOARD AIR LINE ET. AL. 

This was a complaint alleging an undue increase in the freight rate on 
printing paper for books and newspapers from 28 cents per 100 pounds to 67 
cents per 100 pounds, from Baltimore to Raleigh. The increased rate being 
caused by the change in classification of paper, printing in rolls or bundles, 
8ct. from 6th class to class 2 — complainants asked that the old classification be 
restored. 

Answering the complaint, defendants say that the new classification provides 
on printing paper in crates or boxes, 2d class. Printing paper in rolls or 
bundles C. L. class A, same L. C. L. 6th class. Paper in bundles partially pro- 
tected by boards or strips, to be charged at the rating applying on paper in 
crates — alleging that the change in classification had been made because it was 
found that high grade book paper, and in some cases stationery, was being 
shipped (not by complainant), in so-called bundles protected by boards or strips, 



COMPLAINTS AND DECISIONS. Ill 

and falsely classified as "Printing paper in bundles." Alleging that said classifi- 
cation was uniform throughout the entire Southern States. 

At a session of the Commission on January 3, 1900, this cause came on for 
hearing, when testimony of witnesses was taken. 

Argument of counsel heard. 

After due consideration the Commission decided that the subject-matter of 
complainants as far as inter-State shipments was concerned was not within 
the jurisdiction of this Commission, but was of the opinion that the change de- 
sired in classification was unreasonable, and it was therefore ordered that the 
classification on paper be amended to read as follows: 

Writing paper and book paper for blank books, whether in boxes, crates or 
bundles, with or without wooden frames, 2d class. 

Printing paper for books, pamphlets or newspapers, and blotting paper, 
whether in rolls or bundles, with or without wooden frames, C. L., A. 

Same, L. C. L. 3 6th. 



ATLANTIC COAST LINE 

To 

THE COMMISSION. 



Application filed asking permission to move the flag station from Yolands, 
N. C, to a point about one mile north thereof to Roseland, on the Chadbourn 
branch of Atlantic Coast Line. A petition was also filed by the citizens of 
Roseland and Yolande asking that the request be granted. 

At a session of the Commission May 24, 1900, it appearing that there was no 
objection to the request of petitioner, consent was granted. 



DOUGLASS 

vs. 

ATLANTIC AND NORTH CAROLINA RAILROAD COMPANY. 

Claim for damage to the amount of $51.50 for loss of baggage. 
Complaint served on defendant and answer filed stating that claim had been 
paid, and satisfaction given to complainant. 
Closed. 



112 N. C CORPORATION COMMISSION. 

COMMISSIONERS OF IREDELL COUNTY ,. 

vs. 
SOUTHERN RAILWAY COMPANY. 

Complaint of the condition of railroad crossing on the public road which 
crosses the Mocksville and Mooresville branch. 

This matter was taken up with defendant company, and answer filed, stating 
the crossings had been put in good condition. Closed. 



CITIZENS OF EURE 

vs. 

ATLANTIC COAST LINE RAILROAD COMPANY. 

The citizens of Eure filed a petition asking that defendant company be re- 
quired to erect at Eure, a freight warehouse and passenger waiting rooms. 

Petitioners alleged that the business furnished would amply justify the ex- 
pense of better facilities and conveniences, both for freight and passengers. 

Complaint was served and answer filed through G. M. Serpell, General Super- 
intendent, alleging that the business from Eure was less than $200 per month, 
and not sufficient to justify the expense of a new station building. That the 
company had made arrangements with one of the merchants of Eure to furnish 
a warehouse and office accommodations. 

The Commission after careful consideration and investigation was of the 
opinion that the business done at Eure would justify defendant in granting the 
relief asked for by petitioners, and it was so ordered. 



MANCHESTER DEPOT. 



It appearing to the Commission that the station accommodations for pas- 
sengers at Manchester on the Atlantic and Yadkin division of the Atlantic 
Coast Line Railroad were inadequate, a communication was addressed to the 
General Manager of this company requesting that better facilities be given, to 
which a reply was given that a new station building would be erected without 
delay. 



COMPLAINTS AND DECISIONS. 112 a 

VIRGINIA B. MATTHEWS 

vs. 

THE CORPORATION COMMISSION, CAROLINA CENTRAL RAILROAD et al. 

Supreme Court. 

Douglas, J. This is a proceeding originated before the Corporation Commis- 
sion in tne exercise of its statutory duty to regulate freight rates. It was 
appealed by the defendants to the Superior Court, and thence to this Court. On 
the 27th day of April, 1899, the plaintiff commission issued an order providing 
that "on and alter the 15th day of May, 1899, the maximum freight rates on 
fertilizers on all roads in this State will oe as follows [specifying the rates per 
ton for different distances] : On less than car-load shipments, rates may be 
made 20 per cent higher than above." This order is headed, "C. L., Ten (10) 
Tons, Minimum." This, we presume, means that the minimum car load shall 
be taken as 10 tons, and this seems the bone of contention. Tne defendants 
filed the following exceptions before the commission, all of which were over- 
ruled: "The said railroad companies except to the order of the North Carolina 
Corporation Commission, circular No. 1: First. Because the said reduction in 
the minimum car-load weight is directly antagonistic to the effort being made 
generally to reduce expenses through the furnishing of equipment of larger 
capacity, and involves an increase in the cost of transportation. Second. Be- 
cause the said rates are not in themselves reasonable or just, but the same are 
unreasonably low, would fail to yield a just and reasonable revenue for the 
service, and these defendants would thereby be deprived of the equal protection 
of the laws, contrary to the Constitution of the United States, Art. 14, sec. 1, 
and wiihout due process of law would be deprived of their property, contrary 
to the Constitution of the United States, Art. 14, sec. 1. Third. Because the 
figures established for the tons, minimum, were unreasonably low, even when 
applied or car-loads of fifteen tons minimum, were protested against before the 
North Carolina Railroad Commission, and only accepted by the carriers after 
the fifteen tons minimum in basis was made a part of the tariff, and then in 
so far £s the carriers composing the Seaboard Air Line System are concerned, 
with the understanding that they would be given a trial for tne session of 
1898-'99 only. Fourth. Because circular No. 1 makes no exceptions in favor of 
weaker lines, whose earnings are at a low rate per mile, which lines are unable 
to exist at the low rate thus sought to be instituted. Fifth. Because such rates 
unjustly reduce the revenues of lines formerly allowed a percentage of rate 
above the stronger or standard lines, thus resulting in an unfair reduction, 
greater in the case of one line than another." At the hearing on appeal before 
the Superior Court, the defendants abandoned all contentions that the rate was 
unreasonable. This practically disposes of all exceptions but the first. 

It is true that the defendants in the Superior Court introduced, among other 
evidence, the original charters of the Raleigh and Gaston Railroad Company 
and the Seaboard and Roanoke Railroad Company, and contended that the 
provisions' of those charters, passed prior to the adoption of the Constitution of 
1868, exempted those roads from the operation of any order of the Corporation 
Commission reducing passenger or freight rates below the maximum charges 
allowed in said acts. Whatever merit there may be in this contention is not now 
properly before us, as it was not included in the defendants' exception to the 



1126 N. C. CORPORATION COMMISSION. 

order of the commission. Being a personal exemption, depending upon a pri- 
vate statute, it does rot come within the judicial cognizance of the Court, and 
must be specifically pleaded in bar. Not having been so pleaded, it must be 
deemed waived, at least, as far as the present case is concerned. What might 
have been the effect of such a plea is not before us, but its efficiency may well 
be questioned, in view of chapter 68, of the Private Laws of 1899. Cheraio and 
8. R. Co. v. Commissioners of Anson, 88 N. C, 519, 522; Keokuk and W. R. Co. v. 
Missouri, 152 U. S., 301, 317, 14 Sup. Ct.. 592, 38 L. Ed., 450. 

The contentions of the defendants were ably presented, but do not seem to us 
to touch the real point at issue. They are best recited in the words of the 
defendants' brier, as follows: "The defendants contend that the said com- 
mission possesses no powers in regard to regulating freight charges except such 
as are conferred on it by this act, and that a diligent search of uds act does 
not disclose a section or clause conferring such power, and that the circular pre- 
scribing that the minimum car-load should be ten tons is ultra vires — an arbi- 
trary and unwarranted invasion of the rights of the defendants to conduct 
and manage their own manner of conducting their business; such right being 
secured to them by this charter contract with the State. If the commission has 
the power to order what number of tons shall be a minimum car-load, then it has 
the same power to order what number of tons shall be a maximum car-load. It 
is conceded that the commission, except as to the R. and G. R. R. Co., and S. and 
R. R. R. Co., under the acts creating it, has the right to order what rates tbe 
defendants shall have for fertilizers in car-load lots, provided their rates be 
reasonable. This is a very different power from the one attempted to be 
asserted in this case. One allows the railroads to build and equip their roads 
in a manner that they deem likely to prove both useful and profitable. The 
other, if conceded, is the power to destroy. If the commission has the power 
to order that ten tons shall be a minimum car-load, then it has the power to 
order that one tone shall be. The concession that the commission has the 
power to order the building of a suitable depot at a certain station is a different 
power from ordering what dimension such depot shall be. As well concede that 
the commission denote the weight of rail to be used; whether it shall be iron 
or steel; whether the locomotive shall be swift or slow, and how swift and how 
slow; whether the trains shall be heavy or light, and how heavy and how light — 
in a word, that the Corporation Commission is the sole judge of both what is 
useful or profitable in the operations of railroads in North Carolina." This 
contention seems based upon an entire misunderstanding of the action of the 
commission. It assumes that, when the commission ordered that 10 tons should 
constitute a minimum car-load, it intended to regulate the actual amount that 
should be carried in any one car at any one time. Nothing could have been 
much further from its intention. Its order evidently had no relation to the 
carriage of the ireight itself, but simply to the rate of compensation to be 
charged therefor. Translated into plain English, it means that the published 
rates are based upon individual shipments of 10 tons, or over, and that when 
less than 10 tons are shipped the carrier may charge 20 per cent more than the 
standard rates. The term "minimum car-load" is clearly a misnomer, perhaps 
derived from former conditions that have ceased to bear any relation to each 
other. It is common knowledge that an actual car-load (that is, a car filled 
with one shipment), can be more cheaply and conveniently transported than 



COMPLAINTS AND DECISIONS. 112c 

one containing several shipments consigned to different persons, and perhaps at 
different stations. There is less handling, and less risk of mistake or loss. 
We presume that originally an actual car-load fixed the car-load rate, hut when 
cars became larger, and their capacity greater than the average wholesale ship- 
ment, it was deemed just and proper to fix upon an arbitrary car-load as the 
standard of rates, in order to prevent what would otherwise amount to a large 
average increase. The term "car-load rates," having acquired a settled meaning 
by long and general use, was probably retained purely as a matter of conven- 
ience. Whatever may have been its origin, its meaning now is purely arbitrary, 
and well calculated to mislead, as it seems to have done in the present case; and 
yet the term seems to be universally used by railroad men, as well as by dif- 
ferent railroad commissions. 

As, therefore, the commission has simply said, in effect, that the specified 
rates shall apply to all shipments of 10 tons, or over, without any attempt what- 
soever to regulate the actual mode of transportation, the only remaining ques- 
tion is as to the power of the commission to fix rates. That such rates are 
reasonable is admitted by the defendants. That, being reasonable, they were 
within the authority of the commission, aside from any alleged exemptions by 
charter, can not be questioned in view of the provisions of the statutes and our 
recent decisions. Laws 1891, c. 320; Laws 1897, c. 206; Laws 1899, c. 164; At- 
lantic Exp. Co. v. Wilmington and W. R. Co., Ill N. C, 463, 16 S. E., 393; 
Leavell v. Telegraph Co.. 116 N. C. 211, 220, 21 S. E. 391; Caldwell v. Wilson, 
121 N. C, 425, 472, 28 S. E. 554; Abbott v. Beddingfleld, 125 N. C, 250, 34 S. E., 
412; In re Railroad Com'r Cases. 116 U. S., 307, 6 Sup. Ct., 334, 349, 349, 388. 
391, 1191, 29 L. Ed., 636; Reagan v. Trust Co., 154 U. S., 362, 394, 14 Sup. Ct.. 
1047, 38 L. Ed.. 1014. The judgment of the Court below is affirmed. 

Affirmed. 



COMPLAINTS AND DECISIONS. 113 

CITIZENS OF LINCOLNTON 

vs. 

WESTERN UNION TELEGRAPH COMPANY. 

This was a petition from the citizens, complaining of the inconvenience, ex- 
perse and annoyance caused by the location of the express and telegraph offices 
at Lincolnton, and asking that the defendants be required to locate same at a 
convenient place in the town, and alleging further as follows: 

"1. Both said offices are now maintained at and in connection with the Sea- 
board Air Line Railway office, one-half mile from the business portion of the 
town; the said railway office does at this point an extensive freight and pas* 
senger business, and the maintenance of the said express and telegraph offices 
in connection with and in same office produces considerable confusion and 
delays, which are unavoidable in a busy office in which the help is hard- 
worked. 

"2. Under the rules of the telegraph company the said office declines to 
receive messages for transmission over the telephone lines from the business 
portion of the town, except in those cases in which tne messages are sent col- 
lect, thereby requiring parties to incur expense in sending the messages to the 
office; and delays in sending and receiving messages. 

"3. By reason of the location of said express office, considerable delays result 
in notifying patrons when packages are there for them, and considerable and 
unnecessary expense to parties in sending for such packages, and in sending 
packages to said office for transmission. 

"4. That, as petitioners are reliably informed and believe the receipts of 
both the said Express Company and the said Telegrapn Company at this point 
are amply sufficient to warrant them in maintaining a separate office, and that 
in the business part of the town; in addition to the business of the town 
proper, the said Express and Telegraph Companies do the work for seven cotton 
mills, in and immediately around said town, besides various other business con- 
cerns." 

This petition and complaint was served on defendants, with request for 
answer. 

Answering for defendant, the Western Union Telegraph Company, J. B. Tree. 
General Superintendent, replied: 

"It is a mistake to suppose that the telegraph business at Lincolnton will 
justify the telegraph company in building a line from the depot to the business 
center of the town and to establish an independent office as requested in the 
petition. The telegraph receipts at the place are only $46 per month; our 
expenses in maintaining the Onice at Lincolnton will not be less than $50 per 
mon.a. 

"With the view of accommodating the people, of small communities, we have 
established telegraph offices at the various depots throughout the country 
where the railroad operators can sandwich in their commercial messages with 
their train order business. This arrangement is perfectly satisfactory to a 
large majority of the people in the United States, as it gives them a telegraphic 
communication with all of the offices in the system. 

"It is a matter of regret, of course, to the Telegraph Company that the town 

1- 8 



U4 N. C. CORPORATION COMMISSION. 

of Lincolnton happens to be located so far from the little depot. We have done 
the best we could with but a single exception, and I would be willing to recom- 
mend to the financial committee of the Telegraph Company the employment of a 
messenger at the depot for purpose of delivery." 

W. J. Croswell, Superintendent of the Southern Express Company, replied 
that his company had given the matter careful consideration, and sent a repre- 
sentative to Lincolnton to ascertain as far as possible the sentiment of the 
business portion of the community in regard to the removal of the express 
office, and found that the sentiment was about equally divided, and that earnest 
protests had been made to him against the removal. Letters from several of 
the manufacturing enterprises were filed, stating that the removal of the express 
office would be an inconvenience to a majority of the business men. 

The case was set for hearing at a session of the Commission to be held 
Wednesday, September 5, 1900, On the above date the case was called, D. W. 
Robinson appearing for petitioners, and R. C. Strong for defendant, The West- 
ern Union Telegraph Company. 

Attorney for petitioners stated that in as far as the Southern Express Com- 
pany was concerned, matters were satisfactorily adjusted, and that an agree- 
ment between counsel in regard to complaint against Western Union that an 
order be entered as follows: 

'It is ordered and adjudged that the Western Union Telegraph Company re- 
ceive from responsible parties telegraphic messages by telephone at the town 
of Lincolnton from within the corporate limits thereof, and provide messenger 
service to send for such messages in case the same be desired to be sent to said 
office otherwise than by telephone, to a reasonable extent." 

No further action being demanded, case was closed. 



PASSENGER STATION ACCOMMODATIONS AT RED SPRINGS. 

It appearing that the accommodations for passengers at Red Springs, a station 
on the line of the Atlantic Coast Line Railroad, were not sufficient, at a session 
May 8, 1900, the Commission notified the General Manager of the above named 
road, that better accommodations should be given. 

To this communication reply was received that an order had been given for 
necessary repairs to present building, which would give ample accommodations. 

Closed. 



SEABOARD AIR LINE 
To 
THE COMMISSION. 

The act creating the Corporation Commission provides, "that the Commission 
conjointly with such companies shall have authority to make special rates for 
the purpose of developing all manufacturing, mining, milling and internal im- 
provements in the State. 



COMPLAINTS AND DECISIONS. 115 

"That nothing in the act shall prevent the carriage, storage or handling of 
property free or at reduced rates for the United States or municipal govern- 
ments or for charitable or educational purposes." 

The Seaboard Air Line made application for the transportation of freight in 
conformity with above provisions of the act, for the following purposes, which 
were authorized by the Commission, to-wit: 

On building material for the Royall Cotton Mills, Wake, N. C. 

On building material for Sanford Cotton Mills. 

On building for Patterson Textile Company, silk mill, at Roanoke Rapids. 

On building material for chair factory at Franklinton. 

On lumber for Belmont Methodist Church, Charlotte, N. C. 

On lumber for Acme Manufacturing Company, Cronley. 

On machinery from Charlotte to Raleigh for the Agricultural and Mechanical 
College. 

On fire engine Warrenton to Salisbury. 

On lumber for Barnhardt Manufacturing Company, Charlotte, for erection of 
a plant for manufacturing cotton batting. 

On boiler from Raleigh to Pages for locomotive on Hoffman and Troy Railroad. 

On building material for Roanoke Mills for additional buildings. 

On building material for Presbyterian Church at Monroe. 

On building material for Harriett Cotton Mills at Henderson. 

On lumber for Baptist Church at Sanford. 

On automobile, Lincolnton to Charlotte for 20th May celebration. 

On building material for Methodist Church at Monroe. 

On brick for the Dickson Cotton Mill, Laurinburg. 

On building material for Golden Belt Cotton Mill, Durham. 

On building material for Melrose Cotton Mill, Raleigh. 

On box missionary goods, Rockingham to Oxford Orphan Asylum. 

On building material for railroad eating house at Ridgeway junction. 

Lumber for Acme Manufacturing Company at Cronly. 

Box of missionary goods from Rockingham to Oxford Orphan Asylum. 

Building material for harness factory at Henderson. 

Building material for Lumberton Cotton Mills. 

Building material for Pee Dee Manufacturing Company, Rockingham. 

Granted to Atlantic Coast Line as follows: 

Reduced freight rate on building material for knitting mill at Greenville. 

On building material for oil mill at Rocky Mount. 

Building material for factory at Goldsboro. 

Building material for cotton mill at Smithfield. 



MISS MAUDE DAVIS 
vs. 
ATLANTIC AND NORTH CAROLINA RAILROAD COMPANY. 

Complaint and claim for damage on account of lost shipment of freight. 
Claim paid and satisfactorily adjusted with complainant. 



116 N. C. CORPORATION COMMISSION. 

WILSON OIL COMPANY. 

vs. 

NORTH CAROLINA CAR SERVICE ASSOCIATION. 

This was a complaint against defendant for "demurrage" charge, alleging 
that said complainant company is engaged in the manufacture of cotton-seed oil. 
That for the purpose of shipping this oil it is necessary to use certain freight 
cars called tank cars. That whenever the said Wilson Oil Company desires to 
use such cars, they order same from the American Cotton Oil Company at 
their chief office. That complainant sold to the American Cotton Oil Company 
a tank of cotton-seed oil. The said American Cotton Oil Company sent to 
Wilson one of their tank cars to receive the same. This car was placed on the 
siding from the main line of the Wilmington and WelOon Railroad track to the 
Wilson Oil Company's mill, a track being on land owned by the Wilson Oil 
Company. When the car was loaded a bill of lading was asked for the same, 
and a demurrage charge, at the rate of $1.00 per day for each day the car was 
on the track of the Oil Company, more than 48 hours, was demanded. 

Complainants allege also that said cars are the property of the said American 
Oil Company, and that the railroad company nor Car Service Association had 
any interest in said cars other than as they were in the possession of the said 
railroad company. 

This being the case, complainants deny the right of the Car Service Associa- 
tion or the Wilmington and Weldon Railroad Company to make any charge 
for detention of cars. 

This complaint was served on defendant, and answer thereto was filed through 
P. R. Albright, Manager of defendant company, claiming that all classes of 
equipment were subject to charges, and that fact that tank cars do not belong 
to the railroad company, in no way relieves such private cars of the application 
of car service rules. That the transportation lines are special bailees and prac- 
tically owners of tank cars while the same are in their possession and are 
responsible for the safety of cars until returned to owners. The charge is 
made for use of both cars and tracks; to prolong detention entails additional 
risk and expense in handling. 

This case was set and called for hearing at a session of the Commission on 
November 14, 1900, and it appearing that defendant had adjusted the matter 
satisfactorily with the complainant, and no further relief being asked, leave to 
withdraw complaint was granted. 



AssessmeQt of Railroad Property. 

The Atlantic Coast Line Railroad Company, the Southern Railway Company 
and the Seaboard Air Line system of roads filed bills of complaints against the 
North Carolina Corporation Commission for the purpose of enjoining the enforce- 
ment and collection of taxes upon an alleged illegal increase in the valuation for 
assessment of their properties for the year 1900. The bill, order and answer in 
the case of Atlantic Coast Line are as follows: 

IN THE CIRCUIT COURT OF THE UNITED STATES — 
EASTERN DISTRICT OF NORTH CAROLINA — IN 
EQUITY. 

Bill. 

THE ATLANTIC COAST LINE RAILROAD COMPANY, 

vs. 
THE NORTH CAROLINA CORPORATION COMMISSION, FRANKLIN MC- 
NEILL. CHAIRMAN, S. L. ROGERS AND D. H. ABBOTT. MEMBERS, AND 
HENRY C. BROWN, CLERK, WILLIAM H. WORTH, TREASURER, AND 
HAL. W. AYER, PUBLIC AUDITOR. 

To the Honorable the Judges of the Circuit Court of the United States 

of the Eastern District of North Carolina: 

The Atlantic Coast Line Railroad Company, a corporation created by and ex- 
isting under the laws of the State of Virginia and also a corporation of the State 
of North Carolina, brings this its bill of complaint against the North Carolina 
Corporation Commission, and against Franklin McNeil, Chairman, S. L. Rogers 
and D. H. Abbott, constituting and comprising the said North Carolina Corpora- 
tion Commission, and Henry C. Brown, Clerk thereof, William H. Worth, Treas- 
urer, and Hal. W. Ayer, Auditor of the State of North Carolina. 

And thereupon your orator complains and alleges: 

1. That your orator is a corporation duly created and existing under and by 
virtue of the laws of Virginia and of North Carolina, and that your orator is a 
citizen and resident of the State of North Carolina and of the Eastern District 
thereof, and is the owner of the lines of railroad formerly known as the Peters- 
burg Railroad (and afterwards as the Atlantic Coast Line of Virginia) ; the 
Norfolk and Carolina Railroad and the Wilmington and Weldon Railroad. 

2. That the defendants, Franklin McNeil, S. L. Rogers and D. H. Abbott con- 
stitute the North Carolina Corporation Commission, the said Franklin McNeil 
being Chairman thereof, and Henry C. Brown, is Clerk thereof, and their office 



118 N. C. CORPORATION COMMISSION. 

and official place of business is in the city of Raleigh, in the said State of North 
Carolina, and in the Eastern District thereof. That the defendants, Franklin 
McNeil, D. H. Abbott, H. C. Brown, W. H. Worth and Hal. W. Ayer, are citizens 
and residents of the said Eastern District of North Carolina and the defendant, 
S. L. Rogers, is a citizen and resident of the State of North Carolina. 

3. That the amount involved in this suit is over two thousand dollars, exclusive 
of interest and costs and this suit is one arising under the Constitution of the 
United States. 

4. That on or about the 5th day of March, 1891, the General Assembly of the 
State of North Carolina passed an act entitled, "An Act to provide for the Gen- 
eral Supervision of Railroads, Steamboat or Canal Companies, Express and Tel- 
egraph Companies doing business in the State of North Carolina," and being 
chapter 320 of the laws of North Carolina for the session of 1891. That there- 
after the said act Avas amended or supplemented by acts of said General Assembly 
of North Carolina, ratified on the following dates: April 1, 1891, February 9, 
1893, March 6, 1893, and February 14, 1893; to which said acts and amendments 
your orator begs leave to refer and by reference include herein with the same 
force and effect as though the same was here set forth at length. 

5. 1'hat on the 8th day of March, 1899, the said General Assembly passed an 
act entitled, "An Act to Raise Revenue," and by the 60th and 61st sections 
thereof it is provided: 

"Sec. 60. That for the purpose of raising revenue and equalizing taxation, the 
Railroad Commission or any body succeeding to their powers, are hereby required 
and directed, as soon as practicable, and in time for the levy of 1899, to revise 
the assessments for taxation of the entire railroad property of the State, and in 
doing so they should take into consideration the nature of the franchise and 
gross earnings and the net income of each road." 

"Sec. 61. That said assessors shall so increase the assessments, where such 
increase is justified, as will make each part and parcel of railroad property bear 
its fair proportion of the burden of taxation." 

6. That by Article 5, section 3 of the Constitution of North Carolina, it is pro- 
vided: "Laws shall be passed taxing by a uniform rule all moneys, credits, in- 
vestments in bonds, stocks, joint stock companies or otherwise, and also all real 
and personal property according to its true value in money. The General 
Assembly may also tax trades, professions, franchises, and incomes, provided 
that no income shall be taxed when the property from which the income is 
derived is taxed." And by Article 7, section 9, of said Constitution, it is also 
provided: "All taxes levied by any county, city, town or township shall be 
uniform and ad valorem upon all property in the same, except property exempted 
by this Constitution." 

7. That the defendants composing the North Carolina Corporation Commission, 
the successor of the North Carolina Railroad Commission, have assessed the 
value of the property of your orator in said State, as follows: 



COMPLAINTS AND DECISIONS 



110 



Name of Road. 



Petersburg 

Atlantic and Yadkin 

Cheraw & Darlington 

Norfolk & Carolina 

Southeastern 

Wilmington, Columbia it Augusta 

Wilmington, Chadbjurn & Conway 

Wilmingtjn & Weldou. Main Line 

Wilmington & Fayetteville 

Albemarle & Raleigh 

Tarboro Branch 

Scotland N.ck Branch 

Midland Branch 

Nashville Branch 

Clinton Branch 

Washington Branch 

Wilmington. Newbern & Norfolk 

Wilmington Dummy Line 

Wilmington and Brunswick County Junctio 



Miles. 


Valuation 
per Mile. 


7. iS 


$25, 000 


158.01 


8, 250 


14.0- 


4, 000 


66. 11 


20, 000 


2 1 . 3S 


2.000 


63. 3S 


10,500 


25. 00 


3, coo 


161.40 


25,000 


116. 20 


25 , 000 


53 f 9 


5, coo 


14. 3S 


20, 000 


85. 8 1 


7,500 


21. 5 


3, coo 


19.20 


3 , 500 


13.43 


3,500 


25-39 


5,0.0 


86.:i 


5,000 


1. -5 


5,°co 


I. :o 


5, oco 



This is the assessment of the right-of-way, roadbed and track, etc., and 
amounts to $12,534,942.50. The other property of complainant, consisting of 
depots, section houses, water tanks, lots, etc., and rolling stock and equipment, is 
assessed in addition thereto at $1,295,606, and this valuation of such other prop- 
erty is not disputed. 

8. That all the property in the State, other than railroad property, with few 
exceptions, is assessed by local assessment boards in each township, with a 
power of equalization and revision lodged in the Board of County Commissioners 
of the respective counties. And there has grown up before these local County 
Boards an almost immemorial and well recognized custom to assess for taxation 
all property, other than railroad property, at less than its actual value, and. as 
your orator is informed and believes, said value for taxes is fixed at from 50 to 
75 per cent of its actual value. The said property is systematically and design- 
edly assessed at such under values by said local and county Boards, and such 
method generally prevails throughout the State. 

U. That the property of your orator has been assessed by the defendants at 
its full value, and as your orator is informed and believes, it was designedly so 
assessed by them, and the universal custom as to other property, taken in con- 
nection with defendants' action as to the property of your orator, is a wrongful 
discrimination against it, and deprives it of its property without due process of 
law. and denies to it the equal protection of the laws, which is guaranteed to 
it by the Fourteenth Amendment to the Constitution of the United States, the 
protection of which it expressly claims. 



120 N. C. CORPORATION COMMISSION. 

10. And your orator further alleges that the method of appraisement pre- 
scribed by law for the valuation of railroad property is different from that pre- 
scribed for the valuation of other property, including other corporations. That 
while, under the laws of this State, lands and improvements thereon are assessed 
for taxes every fourth year, the property of railroad companies, consisting 
largely of land and improvements thereon, is assessed for taxation annually, in 
this respect being treated as personal property, but that for the purposes of lien 
and collection of taxes the acts of the General Assembly treat the property of 
railroad corporations as real estate, and further by section 60 of the Revenue 
Law, above quoted, it is provided that the assessors in valuing railroad property 
shall take into consideration the value of the franchise, the gross earnings and 
tLe net income of each road; while in the appraisement of the value of other 
corporations there is no direction to the appraisers to consider the franchises, 
gross earnings, or income, nor is there any direction to the assessors in placing 
a valuation on the property of individuals to consider the earning capacity of 
the property. 

And your orator further alleges, on information and belief, that the difference 
in method was intended to cause railroad property to be assessed at its full 
value, when it was notorious that other property, including that of other cor- 
porations, is habitually and intentionally assessed at from 50 to 75 per cent of 
its value, and so make the property of railroad companies bear more than its 
fair proportion of the burden of taxation; and whether so intended or not, the 
honest application of the prescribed method by the defendants Franklin McNeil, 
S. L. Rogers and D. H. Abbott, constituting the Corporation Commission, does, 
in fact, result in taxing railroad property partially, unfairly and unjustly, in 
violation of Article 5, section 3, of the Constitution of North Carolina, and of 
the Fourteenth Amendment to the Constitution of the United States, and to the 
great injury of your orator. 

11. That there has been a persistent and steady increase in the assessment of 
your orator's property at each annual assessment for the past several years, 
while the assessment of all other than railroad property has remained practi- 
cally the same. In 1898 your orator's property was assessed at $9,588,653.05, 
which your orator believed and still believes was too high, when considered in 
connection with the valuation of other property in the State, and wrongfully dis- 
criminated against your orator, but it has no desire to embarrass the adminis- 
tration of the State Government, and is willing to pay into Court for the use 
of the State and of each county, city and town, the amount of taxes assessed 
against it for the year 1898. 

The assessment of 1899 on the same property, was $12,594,517.50, the same as 
the present assessment, less a small deduction for certain track at Wilmington, 
now taken up. Said assessment was restrained by this Honorable Court in suits 
brought by the Wilmington & Weldon Railroad Co., the Atlantic Coast Line 
Railroad Co., of Virginia, and the Norfolk & Carolina Railroad Co., and the said 
suits and the injunction orders still pending are still in force ,and notwith- 
standing the same, the defendant Board has made the same assessment for 1900. 

14. That by section 45, of the said Machinery Act, chapter 15, of the Laws of 
1>>99, it is provided: "The said Commissioners shall first determine the value 
of each railroad, rolling stock and other property, as in the case of private 



COMPLAINTS AND DECISIONS. 1 2 I 

property, and the aggregate value thus determined shall be apportioned in the 
same proportion that the length of such road in each county bears to the entire 
length thereof; and the Commissioners shall certify to the Chairman of the 
County Commissioners and the Mayor of each city and incorporated town the 
amount apportioned to his county, city or town, and the Commissioners shall 
make and forward a like certificate, together with all the reports of the various 
railroad officers or copies thereof, and other papers and evidence which formed 
the basis of the valuation, to the Auditor of the State. All taxes due the State 
from any railroad company, except the tax imposed for school purposes, shall 
be paid by the treasurer of each company directly to the State Treasurer, within 
thirty days after the first day of July of each year, and upon failure to pay the 
State Treasurer as aforesaid, he shall institute an action to enforce the same in 
the county of Wake or any county in which said railroad is located. The Board 
of County Commissioners of each county through which said railroad passes 
shall assess against the same only the tax imposed by the State for school pur- 
poses and those imposed for county purposes." 

15. That by virtue of said provision, the defendants, unless restrained by this 
Honorable Court, will at once certify their valuations of the property of your 
orator to the Auditor of the State, and will also certify to the Chairman of the 
Board of County Commissioners of each county, and to the Mayor of each city 
or incorporated town through which the road of your orator runs, the propor- 
tionate part of the valuation of your orator's property assigned to them, and 
your orator will then be expected and required to pay the taxes thereon within 
the time allowed by law. The road of your orator runs through twenty to 
thirty counties and fifty to sixty incorporated towns and cities, and unless this 
action of said defendants is restrained by the Court the plaintiff will be put to 
a multiplicity of actions and harrassing litigation. Moreover, the taxes levied 
in each county, city and town, will be liens upon your orator's property as soon 
■as listed, and will cast a cloud upon the title thereto. 

16. Upon information and belief, your orator alleges that the valuation of 
railroad property in North Carolina is out of all proportion to the valuation of 
other property in the State. The valuation of the railroad property is now prac- 
tically the same as the valuation of all the town lots in cities, towns and villages, 
to-wit: about $44,000,000. In 1898 all property in the State other than railroad 
property was assessed at about $229-,000,000, while railroad property was then 
assessed at $33,000,000, and now at $44,000,000. The farming lands of the State, 
28,000,000 acres, were, as it is informed and believes, assessed at $110,000,000, 
with a yielding capacity of from $50,000,000 to $60,000,000. 

17. That the defendant W. H. Worth is the public Treasurer of the State of 
North Carolina; and the defendant Hal. W. Ayer is the public Auditor thereof. 

Wherefore, your orator prays that the defendant, the North Carolina Corpora- 
tion Commission and Franklin McNeil, S. L, Rogers and D. H. Abbott, members 
thereof, and Henry C. Brown, Clerk of the same, and William H. Worth, Treas- 
urer, and Hal. W. Ayer, Auditor, be made parties defendant to this bill, and 
that subpoena thereon may issue in due course, and that each of said defendants 
be required to answer this bill according to the usual practice of this Honorable 
Court, but without oath, an answer under oath being hereby expressly waived; 
that on the hearing the unjust discrimination against your orator be declared 



122 N. C. CORPORATION COMMISSION. 

and restrained; that the said Corporation Commission be restrained and en- 
joined from valuing the property of your orator in excess of the valuation of 
1898, that the said W. H. Worth, Treasurer, and Hal. W. Ayer, Auditor, be 
enjoined and restrained from collecting taxes from your orator on the basis of 
the present assessment, and from taking any steps in the premises till the 
further order of the Court; that in the meantime the said Corporation Commis- 
sion and Franklin McNeill, S. L. Rogers and D. H. Abbott, and H. C. Brown, be 
enjoined and restrained from certifying the said assessment to the Auditor of 
the State and to the Board of Commissioners of the several counties, and to 
the Mayor or other authorities of the several cities and towns through which 
orator's road runs, and from taking any further steps in the matter of said 
assessment or of the taxation of your orator's property until the further order 
of the Court; that the said Auditor and Treasurer be enjoined and restrained 
from collecting any taxes on the basis of said assessment and from certifying 
the same to any Board of Commissioners, Mayor or any other officer of any 
county, city or towm, and from instituting any suit or suits for the collection of 
any taxes or of any penalty or penalties on account of the non-paymet of any 
taxes arising on account of said assessment till the further order of the Court, 
and for such other and further relief as may be just and the nature of the case 
demands, and for costs. 

(Signed) THE ATLANTIC COAST LINE RAILROAD CO. 

By R. O. Burton, 
George Rountree, 

Solicitors. 
NORTH CAROLINA— New Hanover County. 

W.*G. Elliott, being duly sworn, says, that he is an officer of the plaintiff cor- 
poration, to-wit: its President; that he has read the foregoing bill, and knows 
the contents thereof, and that the matters therein stated as of his own knowledge 
are true, and those stated on information and belief he believes to be tru.e 

(Signed) W. G. Elliott. 

Subscribed and sworn to before me, this July 14, 1900. 

Robert D. Cronly, 

(Seal.) Notary Public. 

A true copy, Teste: . N. J. Riddick, Clerk* 

(Seal.) 



COMPLAINTS AND DECISIONS. 123 

IN THE CIRCUIT COURT OF THE UNITED STATES — 
FOR THE EASTERN DISTRICT OF NORTH CARO- 
LINA—IN EQUITY. 

Order, 
the atlantic coast line company 

vs. 
THE NORTH CAROLINA CORPORATION COMMISSION, FRANKLIN MC- 
NEILL, CHAIRMAN, SAM'L L. ROGERS, AND D. H. ABBOTT, HKNRY 
C. BROWN, CLERK, WILLIAM H. WORTH, TREASURER, AND HAL. 
W. AYER, AUDITOR. 

Upon reading the verified bill of complaint in this cause and upon considera- 
tion of the same, now, upon motion of R. O. Burton and George Rountree, 
solicitors for the complainants, it is ordered that said defendants, the North 
Carolina Corporation Commission, Franklin McNeil, Chairman, and S. L. Rogers 
and D. H. Abbott, members, and Henry C. Brown, Clerk, William H. Worth. 
Treasurer, and Hal. W. Ayer, Auditor, and each of them show cause before me 
at the United States court-house in Asheville in the State of North Carolina, or 
the 4th day of September, 1900, at 10 o'clock a. m., or as soon thereafter as coun- 
sel can be heard, why the prayer of the said bill of complaint should not be 
granted, and why an injunction as therein prayed should not be granted and 
ordered until the final hearing of this cause. 

And it is further ordered that until the further order of this Court and until 
after the entry and filing of any such order as the Court may make upon the 
hearing aforesaid, the said defendants, the North Carolina Corporation Com- 
mission and Franklin McNeil, S. L. Rogers and D. H. Abbott, members thereof, 
and Henry C. Brown, Clerk, be, and they are hereby restrained and enjoined 
from certifying the assessment for taxation or any part thereof, of the property 
of the complainant made for the year beginning July 1, 1900, which they have 
just made, to the Auditor and Treasurer of the State and to the Board of 
Commissioners of the respective counties of the State and to> the Mayor or other 
authorities of the cities and incorporated towns of the State through which the 
complainant's road passes, or to anyone of said officers or authorities, and from 
certifying their said assessment or any part thereof to any officers of the State 
of North Carolina, or of the counties, cities and incorporated towns of said 
State, and from taking any steps whatever in respect to the assessment or taxa- 
tion of said railroad property. 

It is further ordered that the defendants W. H. Worth, Treasurer, and Hal. 
W. Ayer, Auditor, be, and they are hereby enjoined and restrained from taking 
any steps to collect any taxes from the complainant, on the basis of said assess- 
ment, and from instituting or causing to be instituted any suit or suits to collect 
the same or to collect any penalties for the non-payment of said taxes, and the 
said W. H. Worth and Hal. W. Ayer are further enjoined and restrained, from 
certifying to the Board of Commissioners of the respective counties, to the 
Mayor and other authorities of the cities and incorporated towns, through which 
said complainant's road passes, the said assessment or any part thereof or divi- 
sion of the same, till the further order of this Court. 



124 . N: C. OOKPoKATloM COMMISSION 

It is further ordered that a copy of this order be forthwith served upon each 
of the defendants herein. 

It is further ordered that the complainants enter into an injunction bond in 
the penal sum of ten thousand dollars ($10,000), with sureties to be approved 
by the Judge of this Court, as indemnity for the defendants in case this suit is 
decided against said complainants. 

It is further ordered that the complainant pay to the proper officers of the 
State, counties, cities and towns, at the times prescribed by law, taxes for 1900 
on the basis of the assessment of 1898. 

Dated this 19th day of July, 1900, at Flat Rock, N. C. 

(Signed) Charles H. Simonton, 

Circuit Judge. 

A true copy, Teste: N. J. Riddick, Clerk. 

(Seal.) 



IN THE CIRCUIT COURT OF THE UNITED STATES — 
FOR THE EASTERN DISTRICT OF NORTH CARO- 
LINA—SITTING IN EQUITY AT RALEIGH, N. C. 

THE ATLANTIC COAST LINE RAILROAD COMPANY 

vs. 
THE NORTH CAROLINA CORPORATION COMMISSION, FRANKLIN MC- 
NEILL. CHAIRMAN, SAM'L L. ROGERS, AND D. H. ABBOTT, HENRY 
C. BROWN, CLERK, WILLIAM H. WORTH, TREASURER. AND HAL 
W. AYER. AUDITOR. 

Answer. 

The joint and several answer of the North Carolina Corporation Commission, 
Franklin McNeill, Chairman, Samuel L. Rogers and D. H. Abbott, Henry C. 
Brown, Clerk, William H. Worth, Treasurer and Hal. W. Ayer, Auditor, to the 
bill of complaint herein, of the Atlantic Coast Line Railroad Company, com- 
plainant. 

These defendants, respectively, now and at all times, saving and reserving 
unto themselves and each of them, all benefit and advantage of exception which 
can or may be had or taken to the many errors, uncertainties and imperfections 
in said bill of complaint contained, for answer thereto^, or unto so much thereof 
as these defendants are advised is material or necessary for them to make 
answer unto, severally answering, say: 

I. 

That they admit the allegations of the first paragraph of the bill of complaint. 

II. 
That they admit the allegations of the second paragraph of the bill of com- 
plaint. 



COMPLAINTS AND DECISIONS 125 

III. 

That they admit the allegations of the third paragraph of the bill of com- 
plaint, except that "this suit is one arising under the Constitution of the 
United States," which they deny. 

IV. 

That they admit the fourth paragraph thereof to be true, except that the act 
alleged to have been ratified on April 1, 1891, was ratified on the 9th day of 
March, 1891, to take effect on April 1, 1891. And, they allege that the said 
act of the 5th of March, 1891, was further amended by sees 44 to 52, inclusive, 
of an act passed on March 9, 1891; chap. 325, Public Laws of 1891, known as 
the Machinery Act, and by similar acts passed in 1893, 1895 and 1897. That it 
was also amended by sees. 42 to 50 inclusive, of an act known as the Machinery 
Act, ratified on the 8th day of March, 1899, being chapter 15 of the Public Laws 
of 1899; and also by sections 60 and 61 of an act known as the Revenue Act, 
ratified o-n the 8th day of March, 1899. It was also amended by an act ratified 
on the 8th day of March, 1899, entitled "An Act to Authorize the Railroad Com- 
mission, the North Carolina Corporation Commission, or such Board as Shall 
Succeed to their Duties, to Assess Property which Has Escaped Taxation." 

That by section 42 of chapter 15 of the Public Laws of North Carolina of 1899, 
which was ratified on March 8, 1899, it was provided: 

"Sec. 42. The Commissioners elected from time to time under the authority 
of an act to provide for the general supervision of railroads, steamboat or canal 
companies, express and telegraph companies, doing business in the State of 
North Carolina, shall constitute a Board of Appraisers and Assessors for rail- 
road, telegraph, canal and steamboat companies." 

That this act being construed together with the other acts of the General 
Assembly of the State of North Carolina upon the same subject, conferred the 
power of assessing and appraising railroad property for taxation upon the 
North Carolina Corporation Commission which is the same body as the Railroad 
Commission under a changed name. 

That the said 42d section of said chapter 15, of the Public Laws of North 
Carolina of 1899, was duly amended in June, 1900, at an adjourned session of the 
General Assembly of North Carolina, so as to read as follows: 

"Sec. 42. The Commissioners elected from time to time under the authority 
of "An Act to establish the North Carolina Corporation Commission," shall 
constitute a Board of Appraisers and Assessors for railroad, telegraph, canal and 
steamboat companies." 

That under and by virtue of all these acts the defendant Corporation Com- 
mission was vested with power to assess railroad property in North Carolina 
for taxation. 

V. 
That they admit the allegations of the fifth paragraph of the bill of complaint. 

VI. 
That they admit the allegations of the sixth paragraph of the bill of complaint. 



126 N. C. CORPORATION COMMISSION. 

VII. 

That they admit and allege that the defendants McNeill, Rogers and Abbott, 
acting as the North Carolina Corporation Commission, under the authority of 
the several acts of the Legislature hereinbefore set forth, assessed the values ol 
all the railroad property in North Carolina, and have assessed the property of 
the complainant, other than depots, section houses, water tanks, shops, lots, etc., 
rolling stock and equipment, at the sum named in the seventh paragraph of the 
bill of complaint. 

That they also admit that the other property of complainant, consisting of 
rolling stock, equipment, etc., has been assessed at the amount returned by com- 
plainant, but allege that the same was assessed at below its true value. 

VIII.- 

That it is true, that all the real property in the State other than railroad 
property, with few exceptions, is assessed by local boards of assessors in each 
township, with a power of equalization and revision lodged in boards of equali- 
zation in the respective counties, but it is not true that there has grown up or 
exists before these local boards an almost univprsal or well-recognized custom 
to assess for taxation all property other than railroad property at less than its 
actual value. That it is not true that the value of said property, other than 
railroad property, is, or has been, fixed at from 50 to 75 per cent of its actual 
or true value, nor is it true that said property is systematically and designedly 
so assessed by said local assessors, or by the county boards of equalization, or 
that such method generally prevails throughout the State. That except as 
herein admitted, the allegations of paragraph eight of the bill of complaint are 
denied. 

IX. 

That the allegations of paragraph nine of the bill of complaint are not true. 

X. 

The defendants, further answering the said ninth paragraph, say, that the 
property of the complainant has not been assessed at its full value. That there 
is not a universal custom oif under-valuation of other property than railroad 
property, as alleged in the bill of complaint, nor is there any custom which does 
or has existed in relation thereto, which, taken in connection with defendant's 
action as to the complainant's property, results in a wrongful discrimination 
against it. That there has not been and is not any wrongful discrimination 
against the complainant. That it has not been deprived of its property without 
due process of law. That it has not been denied the equal protection of the 
laws which is guaranteed to it by the Fourteenth Amendment to the Constitu- 
tion of the United States. That the property of the complainant and other 
railroad companies has been assessed for taxation at less than its true value, 
while the other classes of property have been assessed at their true value. 

XI. 

The defendants, further answering said ninth paragraph, say, that, as they are 
advised and believe, and so aver, upon the basis of the value of the funded debt 
and capital stock of the complainant, its property has not been assessed at its 



COMPLAINTS AND DECISIONS. 127 

true value. That upon the basis of the number of miles of the complainant's 
road in this State as compared with its total mileage in and out of the State 
(ascertaining the value of its entire plant as a unit upon the basis of its 
funded debt and its capital stock), its property has not been assessed at its true 
value. That upon the basis of cost of construction and equipment, making a 
fair allowance for the value of its intangible property, its property has not 
been assessed at its true value. That upon the basis of what the complainant's 
property would sell for in open market, it has not been assessed at its true value. 
That upon any other proper and just basis the complainant's property has not 
been assessed at its true value. 

XII. 

The defendants, further answering said ninth paragraph say, that in assessing 
the rolling stock and other personal property returned by the complainant, the 
defendant Commission adopted the valuation placed upon the said rolling stock 
by the complainant, which was much less than its true value, 

XIII. 

The defendants, further answering the said ninth paragraph say, that in the 
light of the investigations which have been made by the defendant Commission 
since the assessment by them of 1899, as to methods and bases of valuation of 
railroad properties in other States, and approved by courts of last resort, the 
properties of the complainant have been assessed for taxation at a lower pro- 
portion of their true value than the proportion thereof at which it is claimed 
by the complainant that all other properties in the State have been assessed for 
taxation. 

XV. 

That even if property in the State, other than railroad property, has been 
assessed at less than its true value as and in the proportion of its true value 
alleged by the complainant, which is denied by defendants, there has been no 
discrimination by the defendant Corporation Commission against the complain- 
ant, because it is a fact, that railroad property has been assessed at a less pro- 
portion of its true value than the proportion of true value at which the com- 
plainant alleges and contends all the other property in the State has been 
assessed for taxation. 

XVI. 

That it is not true as alleged in the tenth paragraph of the bill of complaint, 
that the method of appraisement prescribed by law for the valuation of railroad 
property for taxation is essentially different from those prescribed for the valua- 
tion of other properties, including that of other corporations. That it is true, 
as alleged, that by section 60 of the Revenue Act, it is provided that the Railroad 
Commissioners in revising the assessments of railroad property, shall consider 
the value of the franchise, and the gross and net earnings of each road, but the 
section of the Machinery Act of 1899, which prescribed the method of assess- 
ment of railroad property, and which as originally enacted, directed the Com- 
missioners to determine the value of railroads and rolling stock with reference 
to the earnings as compared with the operating expenses, and by taking into 
consideration the value of the franchise as well as other conditions proper to be 



128 N. C. CORPORATION COMMISSION. 

considered in arriving at the true value of the property, as in case of private 
property, was amended at the adjourned session of the General Assembly of 1900. 
and now directs the value of such property to be determined simply as in case 
of private property. The amending act to which reference is made is entitled 
"An Act supplemental to and amendatory of an act entitled an act to provide 
for the assessment of property and the collection of taxes, it being chapter 15 
of the Public Laws of 1899." 

But it is averred that, even if the defendant Commission should be required 
by law to consider the income, producing capacity, or the value of the franchise, 
in fixing the value of railroad property, the law would not be invalid as dis- 
criminating against railroad companies. That in the assessment of all classes 
of property, the purpose is to arrive at the true value, by the consideration of 
everything which may aid in reaching a correct determination, whether it be 
gross or net income, the value of capital stock of a corporation which is the 
compound result of the values of all its property, tangible and intangible, in- 
cluding the franchise, the value of which affects the value of the capital stock 
of a corporation, and likewise affects the taxable value of railroad track as 
assessed under the laws of this State. That it is true that under the laws of the 
State, lands are assessed every four years, but it is not true that improvements 
on land are assessed only once in four years. That on the contrary, improve 
ments on land are assessed annually. That it is true that the property of rail- 
roads is required to be assessed annually, but it is not true that there is thereby 
any discrimination against railroads. That any difference in modes of assess- 
ment, that may exist, do -not cause, and are not intended to cause, railroad 
property to bear more than its fair proportion of the burden of taxation. 

That it is not true that any law of North Carolina, prescribing different meth- 
ods for the assessment of different species of property, was intended to cause 
railroad property or any other class of property to be assessed at its full value, 
while some other species of property was required to be assessed at less than 
its full value, or was by custom of any assessing authority assessed at less than 
its true value. Nor is it true that the method provided by law for the assessing 
of railroad property, honestly applied, results in taxing railroad property un- 
fairly, unjustly, and wrongfully, or in violation of any provision of the Consti- 
tution of North Carolina or of the United States? That the laws of North 
Carolina require all property to be assessed at its true value without regard to 
the method of assessment. That the allegations of the said tenth paragraph 
except as herein admitted are denied. 

XVII. 

That it is true, as alleged in the eleventh paragraph of the bill of complaint, 
that there has been an increase in the assessment of the complainant's property 
at each annual assessment for several years past except the year 1900. But that 
said increase has not been unjustified at any time. That the net annual income 
of the complainant has been for years gradually increasing. That according 
to complainant's annual reports filed with the Railroad Commission and the 
North Carolina Corporation Commission for the last six years, the annual net 
income of the Wilmington and Weldon Railroad Company, without deducting 
taxes, has been as follows: 



COMPLAINTS AND DECISIONS. 129 

For the year ending June 30, 1895 : $673,106.09 

For the year ending June 30, 1896 746,283.30 

For the year ending June 30, 1897 785,972.67 

For the year ending June 30, 1898 959,593.72 

For the year ending June 30, 1899 1,136,486.10 

For the year ending June 30, 1900, (estimated) 1,250,000.00 

Showing an increase in five years of $520,339.41, or of 68.8 per cent on the net 
income of 1895. 

That assuming the net income for the year ending June 30, 1900, to have been 
only $1,200,000.00, at a capitalization of 4 per cent, the property of the Wil- 
mington and Weldon Railroad Company alone is worth $30,000,000, whereas 
the whole Atlantic Coast Line system in North Carolina, including the Peters- 
burg, Norfolk and Carolina, Wilmington, Columbia and Augusta, Atlantic and 
Yadkin, and others, is assessed at only $13,829,548.50. 

XVIII. 

That it is not true that complainant's property is assessed too high when con- 
sidered in connection with the valuation of other property in the State, as 
alleged in the eleventh paragraph of the bill of complaint. That it has not been 
assessed as high in proportion to its value as complainant contends all the other 
property in the State has been assessed. That it has in no wise been discrim- 
inated against in favor of any other class of property. Nor is it true that the 
assessment of other property has remained practically the same. But the de- 
fendants allege that there has been since the assessment of 1898 a substantial 
increase in the assessed value of property other than railroad property as well 
as of railroad property. The defendants further say that for a long series of 
years railroad property has been under-assessed for taxation in a greater dis- 
proportion to its true value than has the other property in the State been 
assessed according to complainant's contention. It is true that practically the 
same assessment has been made on the complainant's property for 1900 as for 
1899, and that the collection of taxes upon the assessment of 1899 has been 
restrained by the order of this Court, and that the suit remains undetermined. 
That except as herein admitted the allegations of the eleventh paragraph of the 
bill of complaint are denied. 

XIX. 

The defendants admit the allegations of the fourteenth paragraph of the bill 
of complaint. 

XX. 

The defendants admit that the facts set out in the fifteenth paragraph are 
true, except so much thereof as alleges that "unless this action of defendants 
is restrained, complainant will be put to a multiplicity of actions and harrassing 
litigation," which is denied, and they allege that the complainant has no just 
cause of complaint in the premises. 

XXI. 

That the defendants do not know, and are not informed save by the sixteenth 
paragraph of the bill of complaint herein as to what is the assessed valuation 
1 9 



J 30 N. C. CORPORATION COMMISSION. 

of all the town lots and improvements thereon in the State, or as to what was 
the assessed valuation in 1898 and 1899 of the property in the State other than 
railroad property, or as to the number of acres of farming land in the State, 
or its assessed value or its total yielding capacity, and therefore deny the alle- 
gations of the sixteenth paragraph of the bill as to these matters. 

Further answering said paragraph, the defendants say that it is not true that 
the valuation for taxation of railroad property in North Carolina is out of pro- 
portion to valuation of other property in the State. That with reference to the 
allegation, that the farming lands of the State, comprising 30,000,000 acres, were 
assessed at $110,000,000, with a yielding capacity of from $50,000,000 to $60,000,- 
000, while the property of railroads is assessed at $44,000,000, they respectfully 
show to the Court that the gross earnings of the railroads in North Carolina 
for the year ending June 30, 1898, aggregated $11,542,518, while the net earnings 
of said railroads for the same period aggregated $4,147,968, or more than one- 
third of the gross earnings. The net income for the year ending June 30, 1899, 
is greater in proportion to the gross income than for the year ending June 30, 
1898. It is submitted that, when the cost of fertilizers, tools, farming imple- 
ments, etc., and of the immense number of persons employed annually in earning 
the estimated yields of farm lands, are taken into consideration, that the gross 
income from said lands will show that, after allowing these deductions and fair 
wages to those engaged as laborers, directly or indirectly in farming, there will 
be very little left to represent the income of the capital invested in the lands 
themselves. 

XXII. 

The defendants admit the allegations of the seventeenth paragraph of the 
bill of complaint. 

XXIII. 

The defendants, further answering, say, that the complainant has a full, ade- 
quate and complete remedy at law under section 78 of the act of the General 
Assembly of North Carolina, entitled "An Act to provide for the assessment of 
property and the collection of taxes," ratified March 8. 1899, which provides that 
in every case where the taxpayer claims that the valuation of his property is 
excessive or wrongful, he may pay the same to the tax collector or other 
proper officer, and in thirty days thereafter demand the return of the same, and 
if refused, may within ninety days thereafter institute an action at law for the 
recovery of the same. That the complainant herein is abundantly solvent, and 
able to avail itself of this remedy. 

All of which matters and things these defendants are ready and willing to 
aver, maintain and prove as this Honorable Court shall direct, and humbly pray 
to be hence dismissed with their reasonable costs and charges in this behalf 
most wrongfully incurred. 

H. G. Connor, 

Simmons, Pou & Ward, 

J. C. L. Harris, 

C. A. Cook, 

John W. Hinsdale, 

Solicitors for Defendants. 



COMPLAINTS AND DECISIONS 131 



AMENDMENTS TO ANSWER OF DEFENDANTS 

SOUTHERN RAILROAD COMPANY CASE. 

XV. 

That according to the complainant's annual reports filed with the Railroad 
Commission and aie North Carolina Corporation Commission for the last six 
years, its annual net income, without deducting taxes, has been as follows: 

For the year ending Juno 30, 1895 $5,677,683.98 

for the year ending June 30, 1896 6,403,367.00 

For the year ending Juno 30, 1897 6,768,768.19 

For the year ending June 30, 1898 7,658,549.97 

For the year ending June 30, 1899 9,143,044.48 

For rhe year ending June 30, 1900 10,736,019.37 

That they show an increase in annual income in six years of $5,058,335.39, 
which is an inciease of 8'J per cent upon the income of 1895. 

That according to the reports of the North Carolina Railroad Company, like- 
wise filed by tbe complainant for the last seven years, the annual net income of 
such raiiroad company, v/ilhout deducting taxes, has been as follows: 

For the ye?.r ending Juno 30, 1894 $267,389.42 

For the year ending June 30, 1895 359,994.02 

For the year ending Ji.no 30, 1896 358,239.62 

For the ysar ending June 30, 1897 437,077.48 

For the year ending June 30, 1898 412,339.65 

For the year ending June 30, 1899 574,583.71 

For the year ending June 30, 1900 777,550.00 

Showing an increase in anrual income for seven years of $510,160.58, which 
is an increase ox 191 per cent or the income of 1894. 

That the skedy and rapid increase shown by these comparisons affords a 
strong iust'fu ation of the action of the defendant Commission in raising the 
assessment in question, and shows that the complainant's railroad properties are 
still assessed at far below their true values. 

That the complainant's net income of 1900, $777,550.00, if capitalized at 4 per 
cent, would srew its property upon this basis to be worth $19,438,500, whereas 
it was assessed by the defendant corporation for 1900 at only $4,694,848.00. 

It would seem that a capUalization at 4 per cent is fair and liberal to the rail- 
road •, when capital is satisfied with an assured income of 2 per cent as evidenced 
by the sale of United States 2-per cent bonds in the markets of the world at 
104 1-4. 



RALEIGH AND GASTON RAILROAD COMPANY CASE. 

XVIII. 

That it is tvue, as alleged in the thirteenth paragraph of the bill of complaint, 
that the value of complainant's property has been increased, but said increase 



132 N. C CORPORATION 7 COMMISSION. 

has not bc^n unjustified at any time. That the net annual income of the com- 
plainant has been for jaany years gradually increasing. That according to the 
complainant's annual repots filed with the Railroad Commission and the North 
Carolina Cc i oration Commif-sion, for the last seven years, the annual net income 
of the Raleigh and Gaston Railroad, without deducting taxes, has been as fol- 
lows: 

For the year ending June 30, 1894 $106,587.52 

For th«' year ending Juno 30, 1895 194,035.41 

For the year ending June 30, 1896 224,621.85 

For the year ending June 30, 1897 220,024.40 

For the year ending June 30, 1898 234,037.64 

For the year ending June 30, 1899 299,457.45 

For the year ending June 30, 1900 391,468.30 

Showing in seven years an increase in annual net income of $284,880.78, which 
is an increase of 258 per cent on the net income of the year 1894. That the com- 
plainant's net increase of 1900, $391,468.30, if capitalized at 4 per cent, would 
show it- property upon this basis to be worth $9,786,707; whereas it was assessed 
by the defendant Corporation Commission, for 1900, at only $2,717,931.78. That 
the steady and rapid increase shown by these comparisons affords a strong jus- 
tification of the action of the defendant Corporation Commission in the prem- 
ises, and demonstrates that the complainant's property is still assessed at far 
below its true value. 

It would seem that a capitalization at 4 per cent is fair and liberal to> the 
railroads, when capital is satisfied with an assured increase of 2 per cent, as 
evidenced by the sale of United States 2 per cent bonds in the markets of the 
world at 104 1-4. 



RALEIGH AND AUGUSTA AIR-LINE RAILROAD COMPANY CASE 

XVIII. 

That it i? true, as alleged in the thirteenth paragraph of the bill o' ^o:p_i)laint r 
that the value of complainant's property has been increased, but said increase 
has not been unjustified at any time. That the net annual income of the com- 
plainant has been for many years gradually increasing. That according to the 
complainant's annual reports filed with the Railroad Commission and the North 
Carolina Corporation Commissi. f or the last seven years, the annual net 
income of the Raleigh and Augusta Air-Lire Railroad Company, without deduct- 
ing taxes, has been as follows: 

For the year ending June 30. 1894 $32,436.06 

For the year ending June 30, 1895 106,970.67 

For the year ending June 30. 1896 106,644.35 

For the year ending June 30. 1897 99,356.88 

For the year ending June 30. 1898 75,627.11 

For the year ending June 30, 1899 147,285.32 

For the year ending June 30. 1900 201,860.67 



COMPLAINTS AND DECISIONS 133 

Showing in seven years an increase in annual net income of $169,424.61, 
which is an increase of 522 per cent on the net income of the year 1894. That 
the complainant's net increase of 1900, $201,860.67, if capitalized at 4 per cent, 
would show its property upon this basis to be worth $5,046,577; whereas it was 
assessed by the defendant Corporation Commission for 1900 at only $1,631,499.63. 
That the steady and rapid increase shown by these comparisons affords a strong 
justification of the action of the defendant Corporation Commission in the 
premises, and demonstrates that the complainant's property is still assessed 
at far below its true value. 

It would seem that a capitalization at 4 per cent is fair and liberal to the 
railroads, when capital is satisfied with an assured increase of 2 per cent as 
evidenced by the sale of United States 2 per cent bonds in the markets of the 
v/orld at 104 1-4. 



CAROLINA CENTRAL RAILROAD COMPANY CASE. 

XVIII. 

. That it is true, as alleged in the thirteenth paragraph of the bill of complaint, 
that the value of complainant's property has been increased, but said increase 
has not been unjustified at any time. That the net annual income of the com- 
plainant has been for many years gradually increasing. That according to the 
complain ant's annual reports filed with the Railroad Commission and the North 
Carolina Corporation Commission, for the last seven years, the annual net 
income of the Carolina Central Railroad Company, without deducting taxes, has 
been as follows: 

For the year ending June 30, 1894 $105,007.95 

For the year ending June 30, 1895 94,758.47 

For the year ending June 30, 1896 184,545.53 

For th- year ending June 30, 1897 138,911.47 

For the year ending June 30, 1898 181.973.13 

For the year ending June 3D, 1899 169.447.23 

For the year ending June 30, 1900 217,950.15 

Showing in seven years an increase in annual net income of $112,942.20, 
which is an increase of 107 per cent on the ret income of the year 1894. That 
the complainant's net increase of 1900, $217,950.15, if capitalized at 4 per cent, 
would show its property upon this basis to be worth $5,444,754; whereas it was 
assessed by the defendant Corporation Commission for 1900 at only $2,864,822.38 
That the steady and rapid increase shown by these comparisons affords a strong 
justification of the action of the defendant Corporation Commission in the prem- 
ises, ana demonstrates that the complainant's property is still assessed at far 
below its true value. 

It would seem that a capitalization at 4 per cent is fair and liberal to the 
railroads, when capital is satisfied with an assured increase of 2 per cent as 
evidenced by the sale of United States 2 per cent bonds in the markets of the 
v«orld at 104 1-4. 



134 N. C. CORPORATION COMMISSION 

SEABOARD AND ROANOKE RAILROAD COMPANY CASE. 

XVIII. 

That it is true, as alleged in the thirteenth paragraph of the bill of complaint, 
that the value of complainant's property has been increased, but said increase 
has not been unjustified at any time. That the net annual income of the com- 
plainant has been for many years gradually increasing. That according to the 
comp; aii« ant's annual reports filed with the Railroad Commission and the North 
Carolina Corporation Commission, for the last seven years, the annual net 
income cf the Seaboard and Roanoke Railroad Company, including the Roanoke 
and Tar River Railroad, for operations in the State of North Carolina, without 
deducting taxes for the State of North Carolina, has been as follows: 

For the year ending June 30, 1894 $84,857.69 

For the year ending June 30, 1895 114,296.82 

For the year ending June 30, 1896 134,212.84 

For the year ending June 30, 1897 140,597.12 

For the year ending June 30, 1898 149,383.73 

For the year ending June 30, 1899 146,593.89 

For the year ending June 30, 1900 175,002.40 

Showing in seven years an increase in annual net income of $90,114.71, which 
is an increase of 106 per cent on the net income for the year 1894. The com- 
plainant's net income of 1900, $175,002.40, if capitalized at 4 per cent, would 
show its property, including the Roanoke and Tar River Railroad, upon this 
basis, to be worth $9,786,075, whereas it was assessed by the defendant Corpora- 
tion Commission for 1900 as follows: The Seaboard and Roanoke Railroad in 
North Carolina $491,660.58, and the Roanoke and Tar R.ver, $272,075.27, making 
a total of $763,735.85. That the steady and rapid increase shown by these com- 
parisons affords a strong justification of the action of tne defendant Corporation 
Commission in the premises, and demonstrates that the complainant's property 
is still assessed at far below its true value. 

It would seem that a capitalization at 4 per cent is fair and liberal to the 
railroads, when capital is satisfied with an assured increase of 2 per cent as 
evidenced by the sale of United States 2 per cent bonds in the markets of the 
world a' 104 1-4. 



Opinion and Order Appointing Special Master 



THE UNITED STATES OF AMERICA — EASTERN DIS- 
TRICT OF NORTH CAROLINA — IN THE CIRCUIT 
COURT, FOURTH CIRCUIT — IN EQUITY. 

SOUTHERN RAILWAY COMPANY 

vs. 

THE NORTH CAROLINA CORPORATION COMMISSION, et ah 

SEABOARD AND ROANOKE RAILWAY COMPANY 

vs. 

THE SAME. 

ROANOKE AND TAR RIVER RAILROAD COMPANY 

vs. 
THE SAME. 

RALEIGH AND GASTON RAILWAY COMPANY 

vs. 

THE SAME. 

RALEIGH AND AUGUSTA AIR-LINE RAILWAY COMPANY 

vs. 
THE SAME. 

CAROLINA CENTRAL RAILWAY COMPANY 

vs. 

THE SAME. 

ATLANTIC COAST LINE RAILWAY COMPANY, OF VIRGINIA, 

vs. 
THE SAME. 

WILMINGTON AND WELDON RAILWAY COMPANY 

vs. 
THE SAME. 

NORFOLK AND CAROLINA RAILWAY COMPANY 

vs. 

THE SAME. 



136 N C. CORPORATION COMMISSION. 

These cases having been heard together, an opinion was filed directing that 
injunctions issue as prayed for in the several bills. (97 Fed. Rep., 513.) Be- 
fore the expiration of the term within which the opinion was filed, and therefore 
whilst the cases were within the control of this Court, a petition for rehearing 
was filed by the defendants. After due notice to all parties this petition was 
heard and full argument had thereon. The petition seeks to reopen the cases, 
because, as is alleged, the Supreme Court of North Carolina has rendered a 
decree construing the acts of the Legislature of North Carolina, and reaching a 
different conclusion from that of this Court. 

The Legislature of North Carolina, in 1891, passed an act to provide for the 
general supervision of railroads, steamboat or canal companies, express and 
telegraph companies, doing business in the State of North Carolina, being chap- 
ter 320 of that year, and popularly known as the Railroad Commission Act. 
This act constituted a Railroad Commission, consisting of three members, 
elected by the General Assembly, holding their offices for a term of years, 
removable under certain circumstances by the Governor, who in such case, 
fill the vacancy so created, and enjoying a salary of $ 

The act in minute detail specifies the duties of this Board. This act went 
into effect on 1st April, 1891. It was amended once by name by chapter 206, 
Act of 1897. The original act and its amendment gave the Railroad Commission 
full power of supervision over the management of railroads. Neither of them 
make any reference whatever to the assessment and taxation of railroad prop- 
erty. At the session of 1891, 9th March, the Legislature passed what is known 
as the Machinery Act. This is an act providing the ways and means of meet- 
ing the expenses of the State Government, in the assessment of property and 
the collection of taxes, and seems to be passed for an occasion, and so to be 
temporary in its character. 

Each year the Legislature passes a Machinery Act, having almost identical 
provisions. This would be wholly unnecessary if the act were premanent in its 
character. In this Machinery Act of 1891, is section 42, as follows: "The Com- 
missioners elected from time to time under the authority of an act to provide 
for the general supervision of railroads, steamboat or canal companies, express 
and telegraph companies, doing business in the State of North Carolina, shall 
constitute a Board of Appraisers and Assessors, for railroad, telegraph, canal 
and steamboat companies." This same provision is repeated year by year in the 
Machinery Act of each year, from 1891 to 1899, inclusive. 

At the session of 1899, two acts were ratified on 6th March, 1899. The one of 
these declared "that chapter 320, Public Laws of 1891, and all acts amendatory 
thereof and supplementary thereto, be and the same are hereby repealed." The 
other of these was an act to establish the North Carolina Corporation Commis- 
sion. This act provided for the election by the General Assembly passing it, of 
three Commissioners, who shall have general supervision of railroads, steamboat 
navigation and canal companies, express, telegraph and telephone companies, 
building and loan associations, banks and sleeping car companies. Those then 
elected held for a term ending January 1, 1901. Thenceforward the Commis- 
sioners were to be elected by the people at the general election; the first election 
to be in 1900, one of them for a term of two years, another for a term of four 



COMPLAINTS AND DECISIONS. \6i 

years and another for a term of six years. At all subsequent elections, the term 
of the person elected shall be six years. 

The duties of this Board are minutely specified, very similar to those of the 
Railroad Commissioners with respect to the railroad, steamboat or ca^al com- 
panies, express and telegraph companies. And adds to these supervision over 
telephone companies, building and loan associations, sleeping car companies and 
banks. 

A separate distinct provision in the act is "To perform all the duties ana 
exercise all the powers imposed or conferred by chapter 320, Public Laws of 
1891. and the acts amendatory thereto." 

Neither this act, which, by the way, was made of force the day after the 
repeal of the Railroad Commission Act, nor as has been seen, this last-named 
act itself, say anything whatever about the assessment and taxation of rail- 
road property. 

The Corporation Commission proceeded to assess for taxation the property of 
the complaining railroad companies, and the question was made as to the right 
of the Commission so to do. 

Ur aided by any decision on this point, of the Court of last resort in North 
Carolina, the conclusion was reached that it had no such power. This power 
of assessment was entrusted to the Commissioners elected under chapter 320, 
Laws of 1891, and for this purpose they were constituted a Board of Appraisers. 
The Machinery Act of each succeeding year had done this, including that of 
,ihe year 1899. 

The Legislature of 1899 repealed that act in toto so far as language and 
intent could do so. The conclusion then seemed inevitable that the act was 
in fact repealed. Besides this, one day after that act was said to be 
repealed, the Legislature put in force the Corporation Commission Act, 
by which they declared their purpose to establish the North Carolina Corporation 
Commission, by electing then and there three Commissioners, to whom was 
given a different term from that of the Railroad Commissioners, whose succes- 
sors would hold for a term differing wholly from the Railroad Commissioners, 
ttho alter one election by the Legislature, would thereafter be elected by the 
people, whose vacancies were filled, not by the Governor, but by the Board of 
Internal Improvements, and who received a different salary and took a different 
oath of office. With this light the conclusion was reached that the act provid- 
ing for Railroad Commissioners was repealed; that other officers had been 
elected differing in tenure and in other important respects from them, and that 
as was stated at bar, two of the former Railroad Commissioners having ac- 
cepted election under the new act, and having taken the oath of office there- 
under, necessarily vacated their former office, and there remained but one per- 
son who could claim to be a Railroad Commissioner. So, as he could not act as 
•a Board himself, and in fact did not act with anyone, and as the Corporation 
commission was not empowered to make the assessment, the conclusion was 
reached that the supposed assessment was void, and action unaer it was 
.enjoined. 

But whilst the case was oefore this Court, there was pending in the courts 
.of North Carolina, an action, the State ex relationi Abbott, the Railroad Com- 
missioner, who was not elected on the Corporation Commission, against Bedding- 



13S N C. CORPORATION COMMISSION. 

field, who never having been a Railroad Commissioner was elected on the Cor- 
poration Commission. Abbott claimed that he had property in his office, of 
which he could not be deprived, except by the abolition of the office. And that 
so long as the duties of tne office were continued, a mere change of the name 
of the office did not abolish it or extinguish his right to it; that the Corpora- 
tion Commission was but the Railroad Commission under another name, and 
mat its passage in no way affected his right to his office, and that Beddingfield 
was an intruder therein. The cause was heard in the Court of last resort in 
North Carolina. That Court awarded the office to Abbott and excluded Bedding- 
field. Construing the acts quoted above, the Court held that the Ralroad Com- 
mission Act was not repealed in fact. That the Corporation Commission was 
the same Commission to all intents and purposes, except the name. That when 
the Legislature passed it, they defeated their declared purpose, because under 
the law of North Carolira, established by a current of decisions from Hoke v. 
Henderson, 15 N. C, 1, that a public office is property, of which the incumbent 
can not be deprived so long as the duties of the office, under whatever name or 
title, must be performed. That construing these two acts in pari materia, the 
Corporation Commission Act was an amendment to the Railroad Commission 
Act, and that the two Commissions were one and the same. They seated Ab- 
bott on the Corporation Commission, and held that he was a component part 
thereof by virtue of his office as Ra.lroad Commissioner. 

This decision as to the action of the Legislature, and the construction put 
upon the repealing Act of 1899, and the Corporation Commission Act, differ toto 
coelo from the conclusion reached by this Court on the case presented by these 
bills in equity. 

The question now is what effect should the judgment of the Supremo 
Court of North Carolina have upon the action of this Court. Ought it to lead 
to a reconsideration of its opinion and the recall of its action thereon. 

We are bound to presume that when a question arose in the State Court, it 
was thoroughly considered by that tribunal, and that the decision rendered 
embodied its deliberate judgment. Cross v. Allen, 141 U. S., 539. 

It is the practice of the Supreme Court of the United States, whose practice 
controls all Federal Courts, to adopt the interpretation given by the highest 
tribunals of the several States, to their respective acts of legislation, where 
such interpretation does not conflict with the paramount authority of the Con- 
stitution of the United States, binding on their own courts, or with the funda- 
mental principles of justice and common rights. (Murray v. Gioson, 15 How., 
421.) 

There are exceptions to this rule. When the meaning of a State statute has 
not become established. Burgess v. Seligman, 107 U. S., 20; Carroll County V- 
Smith, 111 U. S., 556. When the decision is in conflict with previous decisions 
of this Court, and when the rights which it affects here were acquired before 
the decision of the State Court was made. (Carroll v. Smith, supra.) 

In these cases the Federal Courts exercise their independent judgment. Sub- 
ject, however, to these exceptions, by comity or by the suggestion of public 
policy, Federal Courts adopt the decision of State Courts as. to the construction 
and validity of their local laws. In cases the Supreme Court will change its de- 
cision when the highest tribunal of a State has given a different interpretation. 



COMPLAINTS AND DECISIONS. 139 

In Morley v. Lake Shore, etc., R. Co., 146 U. S., 162, these propositions were 
affirmed. The rule of construction adopted by the highest court of the State, 
in construing its own Constitution, and one of its own statutes, in a case not 
involving any question re-exarninable in this Court, under 25th section of the 
Judiciary Act, must be regarded as conclusive in this Court. {Provident Insti- 
tution v. Mass., 6 Wall., 611.) "The construction given to a statute of a State 
by the highest judicial tribunal of such State is regarded as a part of the 
statute, and is as binding upon the courts of the United States as the text. 
(Lefftngwell v. Warren, 2 Black., 599.) The meaning of a State statute declared 
by the highest Court of a State is conclusive on this Court, (Randall v. 
Brighton.) 

In Kibbe v. Ditto, 93 U. S., 674, the decision of the highest Court of a State. 
as to whether a statute has repealed the provisions of a former act, was held 
conclusive on the Supreme Court. So also, the decision of the highest Court o>f a 
State that an act of such State has not been repealed, was followed by the 
Supreme Court. Peik v. Chicago, etc., Ry., 94 U. S., 164. 

Even if there be a diversion of opinion between the members of the State 
Supreme Court such diversion, although a close one, does not prevent the opin- 
ion of the majority from becoming the decision of the Court, and as such, con- 
clusive on the Supreme Court of the United States. Williams v. Eggleston, 170 
U. S., at p. 311. This general current of decisions is approved in the latest 
case upon the subject, hartford Fire Ins. Co. v. Chicago etc. R. Co., 20 Supreme 
Court Reporter (Nov. 1899), at p. 42. 

The case of The State ex rel, Abbott v. Bedding-field, 34 So. E. Rep., 412, in- 
volved the construction of the Acts of the Legislature of 1899, repealing the 
Railroad Commission Act and establishing the Corporation Commission. The 
language of the Court is distinct, and its purpose is clear. It says this: 

"It is established to be the law of this State, by Wood v. Bellamy, 120 N. C, 
221, 27 S. E., 113; Day v. State Prison, 124 N. C, 362, 32 S. E., 748, and State 
v. Jordan, 124 N. C, 683, 33 S. E. 139, that an act is not repealed by the Legis- 
lature's saying it is repealed, when the same act or contemporaneous acts show 
that it is not repealed. And it is established to be the law of this State, by 
Wilson v. Jordan, supra, and the authorities there cited, and by Arendell v. 
Worth (at this term), 34 S. E., 232, that contemporaneous legislation about the 
same subject-matter is in pari materia, and may be read and construed to- 
gether. It is established law in this State, by Hoke v. Henderson, 15 N. C, 1 
(which has been approved in as many as forty cases decided by this Court, as 
shown in the concurring opinion of Justice Douglas in State v. Jordan), by 
Wood v. Bellamy, and by Day v. State Prison, supra, that a public office, to which 
there is attached a salary, is a vested interest — a property in the holder — and 
as such property holder he is protected by the law and Constitution of this State 
and the laws and Constitution of the United States. It is the settled law of this 
State (Wood v. Bellamy, Day v. State Prison, and State v. Jordan, supra). 
that the change of the name from "Railroad Commission" to that of "Corpora- 
tion Commission" does not deprive the relator of his office — his legal and con- 
stitutional rights to hold said office. If we consider the two acts of 1899 in pari 
materia, and read them together, as we are bound to do, unless we disregard all 
the former decisions of this Court, we find that the two acts of 1899 did not repeal 



140 X. C. CORPORATION' C ).M Ml >S[(>\\ 

the Act of 1891 or the Act of 1897, but are amendatory thereof; that the re- 
enactment of the Act of 1891 ana the Act of 1897 amendatory thereof, in the 
same legislation that it is contended by defendant repealea them, had the effect 
to continue in force the acts of 1891 and 1897. State v. Williams, supra." 

The same Court at the same term reiterated its conclusion in Abbott's case in 
State ex rel. Greene v. Owen, 34 So. E. Rep., 424, and in State ex rel. Gattis v. 
Guffin, Ibid, 429, and in State ex rel. McCall v. Webb, Ibid, 430; State ex rel. 
White v. Hill, Ibid, 432. The State ex rel. Abbott v. Beddingfield, is distinctly 
recognized in the State v. Southern Ry. Co., Mss. September Term, 1899, Supreme 
Court of North Carolina. There can be no doubt as to the conclusion of the 
Supreme Court of North Carolina. That Court holds that the Legislature, how- 
ever distinctly it may declare its intention to repeal an act, can not repeal it 
so as to deprive an incumbent of his office, if by another act it attempts to 
clothe other persons with his duties. That, therefore, the attempt to repeal 
chapter 320, Acts of 1891, and its amendatory acts, is a nullity. That the new 
act establishing the Corporation Commission is but an amendment of the Rail- 
road Commission Act, operative in every respect but the change of officials, 
and that the persons theretofore elected as Railroad Commissioners retain all 
the powers and duties theretofore devolving upon them, undergoing only a 
charge of name to that of Corporation Commissioners. 

Under the cases cited above from the Supreme Court of the United States, it 
would appear that this course of decisions of the Court of last resort of 
North Carolina, as to the force and effect of their own statutes, on a matter of 
local law, is obligatory on this Court. It must recede from its former ruling 
made cotemporaneously with these decisions of the North Carolina Supreme 
Court, but not brought to its attention. It is so ordered. 

In the argument of the case in this Court four grounds were taken against the 
constitutionality of the action of the Corporation Commission. 

1. It was denied that it had any power to levy the assessment complained of. 

2. It was denied that the method adopted for assessing the value of railroad 
property differs so materially from that provided for assessing other property 
in the State of North Carolina, as to deny the complainants the equal protec- 
tion of the law. 

3; That there has been in the State of North Carolina a systematic and inten- 
tional under-valuation of real and personal property, other than railroad prop- 
erty, with the design to discriminate against railroads, and to cast upon them 
an undue share of the burdens of taxation, for the purpoise of relieving other 
property of its just proportion of State taxation. 

4. That there being this systematic and intentional undervaluation of real and 
personal property, other than railroad property, the property of complainants 
has been valued higher than that of individuals. 

The first ground has been passed upon, and in deference to the decisions of 
the Supreme Court of North Carolina, is not sustained. 

The three other grounds present Federal questions, dependent upon issues, 
both of fact and of law. 

An examination of the affidavits filed, leads to no satisfactory conclusion, or to 
an inclination of opinion. They will be referred. 

It was stated at the hearing that appeals in three of the cases have been 



COMPLAINTS AND DKCISIOXS. 141 

taken to the Circuit Court of Appeals, and have been perfected. These are 
therefore out of the reach of this Court. Ensminger v. Powers, 108 U. S., pp. 
302,303. 

It is ordered, adjudged and decreed, that each of the cases in the margin, 
except the three in which appeals have been taken and perfected, be referred to 
the Hon. J. E. Shepperd, Standing Master; that he take all testimony as to the 
matters of fact therein presented, and that he report the same to this Court, at 
the same time merely, however, to aid the Court, that he submit his conclusions 
thereon. 

It is further ordered, that for the purpose of taking this testimony he be 
at liberty to hold references in any part of the State of North Carolina, which 
may suit the convenience of counsel as well as the witnesses. The counsel in 
the case to submit for the further order of this Court, an order directing when 
the references shall begin, the time the complainants may need to put in their 
testimony, the time which the defendants may need to put in their testimony, 
and the time required for the testimony in reply. 

The restraining order heretofore made to continue in force, subject to the 
further order of this Court. Charles H. Simonton, 

10th January, 1900. Circuit Judge. 



Opinion in the Matters Submitted to the Court 
by the Standing Master. 



THE UNITED STATES OF AMERICA-EASTERN DIS- 
TRICT OF NORTH CAROLINA — IN THE CIRCUIT 
COURT, FOURTH CIRCUIT— IN EQUITY. 

SOUTHERN RAILWAY COMPANY, SEABOARD AND ROANOKE RAILROAD 
COMPANY, RJANOKE AND TAR RIVER RAILROAD COMPANY, RAL- 
EIGH AND GASTON RAILROAD COMPANY, RALEIGH AND AUGUSTA 
AIR-LINE RAILROAD COMPANY, ATLANTIC COAST LINE RAILROAD 
COMPANY OF VIRGINIA, CAROLINA CENTRAL RAILROAD COMPANY, 
WILMINGTON AND WELDON RAILROAD COMPANY, AND NORFOLK 
AND CAROLINA RAILROAD COMPANY, 

vs. 
THE NORTH CAROLINA CORPORATION COMMISSION, AND OTHERS. 

The Standing Master has submitted to the Court certain questions which 
have arisen in the course of his examination. 

The complainants in their testimony in chief, produced evidence as to the 
taxes assessed on property in the county of New Hanover for the year 189S, 
having up for this purpose the Register of Deeds. 

In the course of this examination they sought to prove the true value of the 
property of certain corporations, probably for the purpose of comparison with 
the assessed value for taxation of these corporations. To this end they issued 
subpoenas duces tecum, and required the production of the books of such corpo- 
rations and their examination. 

Two questions arise, first, as to the competency and relevancy of an examina- 
tion into the assessment for taxation of various parcels of property. 

Second, as to the right of complainants to demand the production of the 
books of these private corporations and the examination of them. The discus- 
sion and decision of this last question has been postponed at the request of 
counsel on both sides. 

As to the first question, counsel for defendants earnestly protest against this 
method of examination. They say if separate items of property are examined, 
in order to discover if the assessment of each is or is not its true value in 
money, the examination will be protracted infinitum. 

The complainants allege that there is an established rule in North Carolina 
whereby all real and personal property, other than railroad property is 
assessed for taxation below its actual value in money. And so the action of 
the Corporation Commission in assessing railroad property at its actual value 
in money, creates a discrimination which is unlawful. If this alleged rule 



COMPLAINTS AND DKCISIONS. 143 

existed in resolution of the various beards of assessors, or in any compact 
between them,, oral or written, or in any statutory enactment, the proper mode 
of proving it would be by evidence directly showing the existence of such rule. 
If, however, the existence of the rule can not be shown in this day, but is a 
matter of inference from a uniform course of conduct, then the only mode of 
proof is by showing a sufficient number of instances from which such a course 
of conduct could be inferred. 

In the one case the conclusion would be reached a priori in the other a pos- 
teriore. In the one case we would go from the general to the particular. In 
the other, from particulars to the general, if, therefore, the complainants can 
not establish the existence of the rule except by inference, it is lawful for them 
to introduce evidence as to the particular instances trom which they seek to 
establish the general rule. 

During the examination the defendants propounded questions tending to 
show the value of the property of the road-bed and other property of the cor- 
porations complainant, complaining of the action of the Corporation Commis- 
sion. Complainants object to this line of examination on the ground that 
the matter is not in this issue. 

The Constitution of the State of North Carolina, and the Acts of Assembly 
passed under the authority thereof require all real and personal property in 
the State to be assessed for taxation at its actual value in money. 

The Corporation Commission which is entrusted with the assessment of rail 
road property for taxation, assessed the property of the several complainants 
at a certain sum each. The complainants thereupon come into this Court, alleg- 
ing that the method adopted with regard to them, differs materially from the 
method adopted with regard to all other real and personal property in the 
State, so that they are exposed to unjust discrimination. On that allegation 
they ask an injunction. On the truth of that allegation depends the action of 
this Court. 

It can not assess the value of property, nor perform any of the functions of 
the assessor. It can not pass upon the assessment and say whether or not it be 
excessive, or whether it be illegal, irregularly imposed or unjust. R. R. Tax 
Cases, 92 U. S., 575. There must be some ground for the interference of a court 
of equity. And its interference can not go to the re-assessment of the property, 
but to the removal of the unlawful action. 

In the present case we must assume that the corporation did its duty and ful- 
filled the constitutional and statutory requirement in assessing the railroad 
property. The amount of the assessment this Court can not question. The 
sole question is, does there exist in North Carolina a rule or practice universal 
enough to presume the existence of a rule whereby all real and personal property 
other than railroad property is assessed below its value for taxation. 

The burden of showing this is on complainants. Until this burden is removed 
the inquiry must be directed to it. If it be removed, then it may possibly be 
competent for the defendants to show that if such a rule or practice does exist, 
it is applied also to the railroad companies, and as to them there is no discrimi- 
nation. 

The Standing Master will conduct the examination in accordance with these 
rulings. Charles H. Simonton, 

April 11, 1900. Circuit Judge. 



144 N. C. CO tPUKATION COMMISSION. 

IN THE CIRCUIT COURT OF THE UNITED STATES — 
FOR THE EASTERN DISTRICT OF NORTH CARO- 
LINA. 

SOUTHERN RAILWAY COMPANY 

vs. 

THE NORTH CAROLINA CORPORATION COMMISSION, AND OTHERS, 

AND OTHER CASES. 

Simonton, Circuit Judge. Of all the questions certified to the Court by the 
Standing Master every point has been answered but one. An officer or agent of 
a private corporation was served with a subpoena duces tecum, requiring him to 
bring into court the books of the corporation, with the purpose of opening them 
for examination. The witness very properly has so far obeyed the exigency 
of the subpoena as to produce the books. (Wharton on Ev., sec. 377.) He now 
objects to the examination of them upon the ground that his corporation is not 
a party to this suit, and that such an examination will betray all the secrets of 
the business of the corporation, would expose its business methods to the world, 
and might work to it irreparable injury. 

In Henry v. Travellers Insurance Co., 35 Fed. Rep., 15, a motion to compel the 
opening of the records of a corporation not a party to the suit, but whose 
records it is claimed would disclose something of importance to the litigation, 
was refused by Mr. Justice Brewer. 

In re Pacific Railway Go. v. Cummins, 32 Fed. Rep., 250, Mr. Justice Field 
denied the authority of Congress to grant such power to a Commission created 
by it to examine the affairs of a debtor of the Government. He puts this on the 
ground of the right of personal security possessed by each citizen. That this 
right of personal security involves not merely the protection of his person from 
assault, but also the exemption of his private affairs, books and papers from the 
inspection and scrutiny of others. It may be that when one is a party to pro- 
ceedings he may be compelled, on proceedings for discovery, to open his private 
books, proper interest being shown in the party seeking the discovery. 

But I am of the opinion that the agent of a private corporation, not a party 
to the proceeding, can not be compelled to open for examination the books of 
the company and expose them to the scrutiny of third persons. 

In U. 8. v. Babcock. Fed. Coses No. 14,484, the subpoena required the produc- 
tion of certain telegraph messages. No objection whatever was made because 
this would work a betrayal of the business secrets of the company. In Russell 
v. McClellan, Fed. Cases No. 12,158, the person served with notice to produce 
books was a party to the cause. Kirkpatrick v. Pope Manufacturing Company, 
61 Fed. Rep., 46, applies only to parties to the suit. 

In re Hirsch, 74 Fed. Rep., 928, relates to public records. In Worthen v. Con- 
tinental, etc., 15 Fed. Rep., 716, Judge Wallace states broadly the proposition 
contended for by complainants. It seems, however, that the main objection in 
that case was on the score of inconvenience. But even if the case goes to the 
length ascribed to it, the opinion of Brewer, J., is to the contrary. In this dif- 
ference of persuasive authority, I prefer to side with him. 

Charles H. Simonton, 
23d April, 1900. Circuit Judge- 



Classification of Flight. 



Complaint was made to the Commission by the Furniture Manufacturing 
Companies of the State that the railroad companies had raised the classification 
on furniture, and asked that the old rate be restored. 

It appearing to the Commission that the railroad companies were not conform 
ing to the classification as adopted and approved by the Commission, on all 
classes of freight, a communication was addressed to the various companies that 
no other Classification than No. 25 of Southern Freight Classification with cer* 
tain amendments had been authorized or approved by this Commission, and that 
a failure to comply with the classification as approved and authorized was ille 
gal, and in violation of the statute regulating such matters, and penalties would 
be enforced. 

The defendants filed new Classifications No. 27 and 28. and asked that they be 
substituted for No. 25. 

The matter was called for hearing at a session of the Commission, November 
14, 1900. Petitions were read from the Chamber of Commerce, Fayetteville, 
N. C, Wilmington Tariff Association and Charlotte Chamber of Commerce, pro- 
testing against the adoption of Classification No. 27 or 28 as proposed. The 
Traffic Managers of the various systems were heard. 

After careful consideration it was ordered that the petition be denied, and that 
the application of Southern Freight Classification No. 25 be enforced until modi- 
fied or changed by the Commission. 



Circulars. 



Circular No 11 

January 3, 1900. 

Rule No. 6, of the Rules Governing the Transportation of Freight, is amended 
to read as follows: 

Rule 6. The freight rates prescribed by the Commission are maxi- 
mum rates, which shall not be transcended by the railroads. They may 
carry, however, at less than the prescribed rates: Provided, that if 
they carry for less for one person they shall for the like service carry 
for the same lessened rate for all persons except as mentioned hereafter; 
and if they adopt less freight rates from one station, they shall make a 
reduction of the same per cent at all stations along the line of the road 
so as to make no unjust discrimination as against any person or locality. 
But when there are between any two points in this State two or more 
competing roads not under the same management or in the same system, 
then the longer line or lines, in order to give said points the benefit of 
competition, may reduce the rates between said two points below the 
standard tariff, without making a corresponding reduction at all stations 
along the lines of said roads: Provided, said reduction shall not make 
the rates less than the standard tariff rates for the shortest line between 
said points: Provided further, that before taking effect, the proposed 
change of rates shall be submitted to and approved by the Commission. 
When any special rate is made it shall be submitted to the Commission 
for approval, and such special rate shall not be withdrawn without 
thirty days notice to the Commission. 
By order of the Commission. 

H. C. Brown, Clerk. Franklin McNeill, Chairman. 

February 7, 1900. 



Circular No. 12 

CHANGE IN CLASSIFICATION. 

(Effective at Once.) 

February 7, 1900. 
The classification of paper will be as follows: 

Writing paper and book paper for blank books, whether in boxes, 

crates or bundles, with or without wooden frames, 2d class. 

Printing paper for books, pamphlets or newspapers and blotting paper, 

whether in rolls or bundles, with or without wooden frames, C. L., A. 

Same, L. C. L., 6th. 

By order of the Commission. 

H. C. Brown, Clerk. Franklin McNeill, Chairman. 



COMPLAINTS AND DECISIONS 147 

Circular N~o. 13. 
(Amending Circular No i ) 

RATES OF FREIGHT ON FERTILIZERS. 

C. L. TEN (10) TONS MINIMUM, PER TON 2.000 POUNDS. , 

Raleigh. October 18. 19< 0. 
From and after this date, the maximum freight rates on Fertilizers,, for dis 
tances over 270 miles, on all railroads in this State will be as follows: 

280 miles and over 270 $3.10 per ton. 

290 miles and over 280 3.15 per ton. 

300 miles and over 290 3.20 per ton. 

310 miles and over 300 3.25 per ton. 

320 miles and over 310 3.30 per ton. 

330 miles and over 320 3.35 per ton. 

340 miles and over 330 3.40 per ton. 

350 miles and over 340 3.45 per ton. 

360 miles and over 350 3.50 per ton. 

370 miles and over 360 3.55 per ton. 

380 miles and over 370 3.60 per ton. 

390 miles and over 380 3.65 per ton. 

400 miles and over 390 3.70 per ton. 

On less than car-load shipments, rates may be made twenty per cent higher 
than above. The joint rates on two or more roads, not under the same manage- 
ment or control, shall be made on the basis of the sum of the locals of each road, 
less twenty per cent. 

By order of the Commission. 

H. C. Brown, Clerk. Franklin McNeill, Chairman. 



Circular No. 14. 

Raleigh, November 15, 1900. 
From and after November 25, 1900, the maximum freight rate on Rough Logs, 
viz.: Dogwood, Hickory, Persimmon and Gumwood, per car-load of 40,000 pounds 
minimum, shall be as follows: 

DISTANCE. PER CAR. 

10 miles and under $5.00 

20 miles and over 10 6.00 

30 miles and over 20 7.00 

40 miles and over 30 8.00 

50 miles and over 40 9.00 

60 miles and over 50 10.00 

70 miles and over 60 11.00 

80 miles and over 70 12.00 

90 miles and over 80 13.00 

100 miles and over 90 14.00 

Applicable to all railroads. 

By order of the Commission. 

H. C. Brown, Clerk. Franklin McNeill, Chairman. 



PART TWO. 

ASSESSMENT OF RAILROAD PROPERTY, TELEGRAPH, 
TELEPHONE, EXPRESS, SLEEPING CAR. REFRIGERA- 
TOR, STEAMBOAT AND CANAL COMPA- 
NIES, FOR THE YEAR 1900. 



N. C. CORPORATION COMMISSION. 



I s 

eg © 

09 « 



3 | 



« o 

~ ft 



1 .4 





O 


8 


o 
o 


8 


8 


8 


o 


o 
o 


Q 

o 


o 
o 


o 
o 


8 


o 
o 


O 
O 


O 
O 


8 


8 


o 
o 


o 
o 


o 

LO 


a 


cs 


o 


T^- 


•* 


£ 


CO 


o 


^3- 






CO 


o 


t_ 


ri 


CO 


8 


PI 






cc 


— .2 


ss 






& 








r> 






















to 








ro 






f^ 








rO 












LO 


























































t-» 


t^. 






















# 




> 




VO 


CO 


OS 


■<*• 


* 


00 


p» 


o 


o 




VO 




00 


lO 




lo 




CO 
















■9- 






















* 




















































































w- 










































O 

o 


O 

o 


o 
o 


o 
o 


8 


8 


o 
o 


o 
o 


8 


o 
o 


8 


O 

o 


o 

o 


o 
o 


8 




o 
o 




o 
o 


o 

o 








o 


o 


o 


o 








8 


O ' 


o 


o 












a 






a\ 








00 




IO 














fs 






1*3 


L£> 


T* 






o 




CO 


•*■ 






























m 


M 


i-T 


as 




lO 




m 


1*3 




o 


oT 


,-T 




,_r 




vd 




Oh 


**» 














o 










CO 








M 










o 


o 
o 


o 

o 


o 
o 


o 
o 


8 


8 


o 
o 


o 
o 


o 


O 


o 


















bO . 

IIS 


R 


o 


Tf 


-3- 


o 




o 






lO 


CO 


8 


M 


r^ 






t^ 






vn 












8 




t^ 






















<*■ 










M 


co 


■* 


■>*■ 








pi 


t^ 




lO 


o 


o 






cs 




^ 


,_r 


$ 


pT 










^J. 


hT 


pT 








f^ 


pf 




£5! 






ON 








0> 










t~» 














lO 


«*» 










































o 

lO 


o 
o 


8 


o 

o 


8 


o 

o 


o 
o 


8 


o 
o 


8 


8 


o 
o 


8 


o 


o 

o 


o 
o 


8 


8 


8 


g, 


00 


o 

00 


o 

c 


8 


o 


lO 


o 


o 


o 


8 


O 

lo 


o 

o 


8 


o 
o 


lO 

8 


o 


o 


o 


o 


■* 


v o 






M 


lO 




Ov 


o 


o 














o 




PI 








<0 


f^ 


N 




N 








ff 


t^. 


co 






t-C 


^- 








>-T 


3 




lO 








tf) 




<0 


U0 


















CO 












^o 
















































































































<*S- 






































M 




o 


8 


o 

o 


o 
o 


o 

8 


8 


8 


o 


o 

8 


o 

o 


o 
o 


Q 

o 


o 

o 


o 

o 


o 
o 


o 

8 


o 


o 


8 




IN 






o 


m 


o 


o 






















00 


T 


o 


lO 


w 


o 




in 


lO 


o 


i-^ 


CO 


u-> 


CO 


CO 


m 






IO 




5*. 
















PI 




PI 






N 


























































> Pu. 











































1.5 



« PI 



M CO LO ~ 



'OS 

> 


o 


Tl 


<u 


o> 


ja 


60 








4> 


>. 


CO 


xj 


<J 




<1> 


a 


r=3 




■*> 


H 




h 






<D 


•M 






s 


T3 


«W 


s 


O 


. 


Sh 


s 


^ 


JJj 




o 




5-. 




at 


» 


o 


o> 


^ 


^3 


E 




o 


ox 


» 


£ 


o 


o 




^3 




| 




«* 




H 




a 




w 




a 




aq 




H 




<j 





Tl-vO 

c>od 



C a a 



3 t H C 



^ i? 



^ ^ 



8 8 



ASSESSMENT OF RAILROAD PROPERTY. 



& $ 



M VD 



9 1 

v 



X s 
W 






3 13 £ o £ 



o o 



o > 
8 « 

.5 w 



B i- >> 






-u <j < p n 



;* £ 



N. C. CORPORATION COMMISSION. 





gft 




vO 


a* i 


Ov 1 




vO 


o 


r^ 


8 


rO 


Ov 


8 


Ov 


O 


t-» 


88 


**• 


o 


OO 


o 


■<*■ 








(N 


up J 


"? 


on 


o 


"<*■ 


ON 


r^ 


ON 


o 


NO 


CM 


ON 


lO 


o 


o 




a* 




On 


r^. 


til 


fO 


M 


LO 


d 


oc" 


vo' 


c 


LO 


fvl 


(N 


iA 


LT) 


o" 


d 


d 


M 










IN 






VO 


<N 


o 


<"•) 


ro 




On 


VO 


LO 


LO 




■* 


IS 


8 


IN 




■3-2 




a 


5 J 


r^ 




LO 




Ov 


o 


VO 


o> 


oo 








LO 


o 




CO 




o « 






oe 1 


6 




LO 


00*" 


CO 




r^ 


VO" 


(<5 


c§ 


vd~ 


o" 


rC 




LO 




o" 


lO 








° i 


i^ 








<* 


lO 






N 


0© 


CO 




1^. 




ON 


LO 


5 




H5 






m 


*± 




00 




















VO 


ct 




■V 








v* 


- 








































CS 






x 1 


LO 




vN 
















N 














GC 




> 






1 








































>, 




o 
o 


§ 


8 




O 

o 


8 


8 


o 

o 


o 

o 


o 

Ov 


8 




o 
o 




o 

o 


o 
o 




o 
o 




o 

o 




u *-» 




lO 


. 








































(LI b 




r^ 


i/-. 


LO 




LO 


d 


d 


d 


8 


8 


& 








\r. 






LO 


1 


r"- 




5 ft 




VD 


VO 


LO 




rO 






o 




ON 




oo 


rO 




CO 


1 


r- 






» 


'- 


On 




O 


ro 


00 


o 




























c° 






VO 


r*0 




rC 


LO 


^ 


^ 


^ 








O* 




vb" 


^ 




tn 




_T 








~ 


CO 




lO 
















ro 


















U-i 






M 


N 


































M 










* 


on 




o\ 


8 












? 


8 




88 














bo . 

2-M 




^ 


t"» 


ri 




00 


j 


LO 




06 


VO 




LO 


LO 


rv" 


cJ 


o 


o 


vo 




i ^- 






LO 


JO 


ON 






LO 






f*3 


ro 




ON 


VO 


LO 


r^ 


■* 


T 






r-» 






rO 








LO 








00 


00 




-^ _ 


o_ 




Tj" 


o 


N 










■j- o 














































a: o 




t^ 


M 


o> 






VO 


ro 




c*5 






o 




o 


o 


ON 








vO 




o -^ 






VO 




















CO 


LO 


00 
















o6 m 




V=> 


l^. 


m" 


































LO 








o 
o 


o 
o 


o 
o 




o 
o 


8 


O 

O 


8 


O 
O 


8 


o 

o 




o 

O 




8 


8 




o 

o 


8 


c 
o 




1* 

= CO 




8 

o 


LO 


JO 
IN 




8* 

o 


6 
8 


o" 
o 
o 


d 

8 


d 

o 

lO 


6 
c 
o 


d 

lO 




d 

8 




8 

IN 


d 

o 




i 


§ 


d 
t-» 
oo 




















































av 


t~» 




vO 






o 






«*5 




LO 




O 


00 






o 


t-» 








LO 


(N 






Tf 


o 


^r 


LO 










o 




O 


lO 




LO 


LO 


S 






«S- 


VO 


o 




vO 


(N 






M 












vO 


CM 




■* 












tC 


«♦ 




cm" 


































5 ci 




o 




j 




o 


o 


O 


o 


o 


o 


o 




o 




8 


8 















o 








o 


o 


8 


o 





8 


o 




o 














o .-. 




o 








o 


o 


o 


O 






o 




o 


O 


























































1! 








! 




o 


LO 


o 


lO 


U0 


IN 


Cv| 




LO 




LO 


00 




LO 








CO 91 














































►>B, 








! 




,-^-, 






































8 


lO 


VO 




o o 


o 


o 


8 


O 


o 


o 




^ 




58 


O 




Ov 


o 


M 








o 






tvo 


M* 




lO 


o 


<N 




t*« 




f*3 








CTv 




aj 

"3 o 

S3 




oi 


tA 

vO 


VO 

IN 




^ 


"* 


<* 


d 


r^. 


tA 


w 




CO 
ON 




i 


ro 




OC 


IN 


d 

vO 














c o 
















o - 




























vO ■* 
















N LO 




























rj-vo' 
















Nt" IN 




























vO 
















On 




















^ 












































a 
























































































"5 


























o 


















s 


























a 






d 












i 






















o 

u 




oi 






06 












t/j 






















« 




oi 






ft 












w 








































•6 


z 






















d 




<jj 






06 










cd 


(_} 






















T3 




r ° 










>% 






o 
























a 










*c 










p£j 


c 






















cfi 




re 






a 




re 






"o 


w 
< 












j 










Qt 




rt 






cd 
a" 




ft 






U 


K 


























i* 










5 






s 

cd 


7 
< 






1 

u 






o 














3 




U 


41 




u 

41 

M 








On 


11 




H 

as 

> 




a 


s 










i- 1 




t-i 


re 


41 


f_l 


4» 

O 


CS 
>> 








o 


•JJ 




C/) 






cd 










- 


a 


- 


in 


s 






cd 








a 


"> 








cd 




41 






d 


o 


O 


a 


re 


O 


re 


& 








>■ 


a 




W 


— 


u 


c 




a 






U 


Cfl 


o 


CJO 


a 


o 










< 
£ 


a! 

Q 




►4 


CO 

u 

B 

vU 

o 

cd 

e 

"o 


o 


O 




3 






P, 

Cvl 


cd 




41 


a 
< 




a, 

41 


*>4 
-a 


re 








< 



cd 
u 

C 

5 




q 
< 


13 

s 

2 

re 


re 
U 

ft 

o 


a 
'5 


"■5 

t3 

re 
o 

re 


o 

V 

a 


2 

o 
■J) 


Q 
cd 


CO 

_ofl 


Q 
a 

cd 

H 


cd 
bp 


a 
cd 

41 

O 

a 
cd 


Q 
-a 
a 
cd 


3 
cd 

13 
u 

re 
o 
£i 

re 


a 

o 

a 








S3 


5 




o 

K 


cd 
U 


Q 





o 


Pk 


£ 


s 


"3 

a5 


§ 


"re 


O 


i 


V 
XII 


i 








& 






< 






































O 






w 






































J} 








r; 



































ASSESSMENT OF RAILROAD PROPERTY. 







8 8 8 



o 

c 


8 


o 
o 


o 
o 


o 
o 


# 


o 

o 


o 

o 


Q 


O 
O 


o 

o 


>o 


8 


o 
o 


8 


o 

o 


O 

o 


o 
o 


o 

o 


LO 


LO 


s> 


o 

o 


O 

o 


o 
o 
vo 


o 


"O 


8 


IT) 

oc 




00 


5- 


i^- 


o 

00 


£ 


ON 


o 

o 


LO 


o 

o 


8 

ID 


IN 

•o 
o 


o 

o 
o 


lO 


§5 


o\ 


o 

ON 


o 
1? 


'O 


rr; 


W 


o 




* 


*n 


t-~ 








N 




to 




LO 




o 

VO 


p» 


,H 




e«5 




r*5 


DO 



.n 53 



£ Q W W 



bo .2 

W v4 



% Z 



£ a 5 



N. C. CORPORATION COMMISSION. 



5 a 



S o 



3S 



S^ 



H ro 



3 S 



* * * 3 * 



ASSESSMENT OF RAILROAD PROPERTY. 



is. ■** k_i «» 

£ < S H 



S .5? 



N. C. CORPORATION COMMISSION. 






w. 


ITi 


CM 


M 


t^ 


t^ 


M 


C\ 


i^ 


VC 


00 


'O 


VO 


oo 


iO 


0C 


00 


l/-> 


~ 


<N 




C4 

o 


vo 


S" 


ON 


o 


IT) 


00 
VO* 


O 
O 


rO 


VO 


CO 


ro 




o 

00 
ro 


M 


00 


CO 
ro 


ON 

On 


CS 



rO m >*■ 



r^ oc oo 



-I in m 



3 O 


o 


vS 


O 
vo 


s 


vS 


vS 


o 

vO 


o 

vO 


Q 


O 

vo 


O 

vO 


O 

VO 


c 

VO 


o 

VO 


vS 


o 

VO 


o 

VO 


O 
VO 


-O ro 
-o rO 


ro 

rO 


ro 


ro 

ro 


ro 
ro 


ro 

ro 


ro 

ro 


ro 

ro 


ro 

5 


ro 
ro 


ro 


ro 


ro 

ro 


ro 

ro 


ro 
ro 


ro 

rO 


ro 

rO 


ro 


ro 
ro 



c ^ a 



Q £ £ 5? 



5 £ 



£ 5 £ 



2; o 

5 c5 

s .g 



S B U 



a 
S 

5 £ 



9) o 

o .2 

a g 

c* o 

° C 

-.-. o 



v o 



ASSESSMENT OF RAILROAD PROPERTY. 



<J\ P. 



~ CO >H 



O O O O O Q rOPOfOfOfOrOtOrOrOrOtOrOt-OrOM m — m 

tOt^fOtOfO'ONOIMNNMpJpJpjPINCIpJcjTj-'T'^--^- 
c*lfOcnrOrOr , '> , - , -' l -''-' , - , '-''-'~ mwmwwkQOOO 



2 u 



O cB 



2 § 

•a s 



1 1 



X t 



£ ft H 



a t 



10 



N. C. CORPORATION COMMISSION. 






,5 l-> 
sty 



-1 ON 


oc 


« 


fl 


£ 


3 


m 




ro 


00 


2" 


% 


o 


D On 
ro 


o 

NO 


o 

00 


o" 
«5 


UO 




o 

NO 








no 

00 


ON 





s 



vS £ 



ID lO UO u"> 
ID lO ID ID 






» CO ft 



& g. | 

x X Pi 



a -2 

a E 



£ a 



in 

a p. 

a a 



8 § I 



o 
o 


8 


ID 






N 








1 M 


NO 










■* 


NO 


ro 



ASSESSMENT OF RAILROAD PROPERTY. 



11 



8 S $ 



ON vo 



3 & 



£ £ 



o 


vS 


vg 


O 

vo 


5 


o 

VO 


o 


o 

vo 


oo 


00 


00 


00 


oo 


00 


00 


00 


ro 


r<5 


to 


^o 


to 


t-0 


ro 


™ 



a § 



Pi & Q 



00 vo 

«? A 



5 « 



3 a 



fH > 



12 



N. C CORPORATION COMMISSION. 



eo to g 
O <u ^* 



c 


* 


B. 


5 




8! 


in 


?» 
w 




f 


8, 


I 


oc 

CO 


8: 


? 




8 


o 





r^ 


oc 
o 


oc 

ON 


R 


8 


* 


o 

m 


St 


CO 

00 


ro 


£ 


00 


* 


oo 


3 


00 


00 



3 O 


s 


o 

SO 


o« 


On 


oV 


o> 


CT* 


00 

r> co 


CO 
CO 


00 
CO 


ON 

oo 


f 


£ 


0> 

00 


? 


o oo 


oo 


oo 


SO 


*© 


VO 


VO 


*o 



r^ r-» r^ r^ 



m m m m 



s 



o 

be «, 

.5 -S 

■s a 



o - 
O CT\ 

cJ d> 



* a. 



O * u 



& « 

■1 e 






£ & 



ASSESSMENT OF RAILROAD PROPERTY 



13 



8 S 5> 



N U~. 



IO eo -<*■ ■«*■ 



c^ o< ^ 



1 i 


j 


> i 






4 

5 

JC 

< 


3 1 

"C "5 


Robeson 

Columbus 

Anson 

Kicliinond 




s 

3. 

E ! x 

•z s - •* 

Z DC 


4. 


1 o 

i a 
x o 
,es y 
5j u 
■5 tie 

X § 





I 8 . 









u J* a 



X >c — o 



S 5 
2 £ 



Li M 






14 



N. C. CORPORATION COMMISSION. 



^J3 

o uri 



2~ 






On l^ lO 



t^ VO 00 NO CO 



00 On On 



^ 



?\ ON 



<& 



is 



I f 



nS* 



S " 



* P 



o 



> 33 ° 



? 3 

S T3 
O cfl 



ASSESSMENT OF RAILROAD PROPERTY. 



15 



O i/*> 












r^ 






00 




CO 


O 


O 


s 




VO 


r^ 


_ 


VO 


i_i 


«3 


f^ 






rt . 


r> ir> 






CTn 


M 


vO 


ID 


rO 




M 


Vfi 


r^ 


uo 




cr> 




r^. 


CM 




«o 










o 




^j- 


t-^ 


tj- 


J. 


N 


ij 




u~, 


r^- 


00 


CO 


O 


O 


CM 


CO 


pj 


VO 


lO 


r^ 


o 


rj- 


o 


M 












* 


«/} 
















































LO 


O 




lO 


o 




t^. 








VO 


!N 




CO 




M 






l i 






CO 


t^ 



CO CO CO 

^ ■<*• o' 



00 CO CO 00 



« O 



2 § 

2 - 

I 6 

5 3 



U 2 O o 

•8 I ■ S B 

oi a: < D 



§ o 



2 w 



o w 



16 



N C. CORPORATION COMMISSION. 



ih 

< 



>*• CO 


00 


CO 


sS 


00 


so 

On 


CO 


t*3 


CO 


iC 


00 


$ 


rO 


r^ 


00 


s 


-* 


00 

3» 




52 


o 
•*i so 


o 

so" 


o 
so" 


oo 


so 


O 


00 


o 


o 

SO 


so 


O 

T 

so 


o 


00 


SO 

o 


00 
«5 


ON 


SO 




vO 


P3 
oc 

vO 



>&H 



00 00 CO 00 



SO so 



% 



lO iO iO lO 



iO iO io io »o m 



3 £ S S s 



2 3 O 

* P o 



o -> 

c "2 
<u a 



i « 

a "2 3 g 



o .5 



tf * 



ASSESSMENT OF RAILROAD PROPERTY. 



17 



CO lO lO i/~> 



$ 



1/1 m 1/1 1/1 



TT 


>* 


t 


•<J- 


■<a- 


^r 


■"* 


"* 


"* 


^r 


■* 


* 


<* 


■* 


•**- 


■<*■ 


- 


lC 
LO 
CM 




vo 

LO 


VO 


1/3 




vO 

l/J 


iC 






lO 
IN 


i/l 


i/3 


VO 
i/l 


VO 


VO 

1/3 


lO 

oc 

vO 


m 


!? 


1/5 


IO 


1? 


t? 


n? 


LO 


l/l 


l/l 


m 


ui 


LO 


l/l 


« 


LO 


LO 






« a 



UO t- fl 

>» « § 

M < M 



£ S 
o I 

H o 



P ,Q 



H > 



18 



N. C. CORPORATION COMMISSION. 



T3 

< 



8 <8 



00 VO M 



<r ^ 


o\ 


00 


u-. 


00 


N 


w 


ro 


M 


o\ 


CI 


On 


VO 


% 


TT 


00 


o 


O 


in 
c-O 


C-J 




c£ 


00 
00 




o" 


lO 

o 




00 






00 




o 


•8 

IN 



C5 >H <N 



Is 



00 00 00 00 



Si 3 ° ! c ! I ! I 
£ > 2 [ 8 ! a ' b 



t> a . *• 



fi M W S 



* H 



a * 
o cs 

S ^ 



ASSESSMENT OF RAILROAD PROPERTY. 



19 



_2 "2 



o * s 



o 

a 

o S 

55 « 



!?.| £ 



U ^1 o 

o « 2 

no ■? a 2 

Sj * a ' 2 

5 « s a 

£ o o v 

•8 * « P 



u > 

p. i* 



> "2 

a) 
o 
,5 



a .2 
;2 o 



o u 
•rj v 

a P. 



3 

"3 

> 2 

V 

S 
"3 



20 



N. C. CORPORATION COMMISSION. 



-Is 



•5 # 



2 M 

a T 



a x 



d ^ 

* 3 

"O to 

3 a 



y i p. 

M 3 a 



<-» 33 o 



ASSESSMENT OF RAILROAD PROPERTY 



21 



►. W M VO 



Kittrell 

Henderson 

Macon 

Vaughan 

Littleton 

Weldon 

Raleigh 

Cary 

Apex 

Sanford 

Cameron 

Manly 

Southern Pines 

Keyser 

Aberdeen „_ # 

Hoffman 

Hamlet 

Gibson 

Margarettsville 

Seaboard 

Garys 

Weldon 


am 

lond 

ampton 

x 



o A 

*> y. 



o at 



!S -3 oo ra 

t2 5 ^ 3 



g O 



^- o 

ON 3 



22 



N. C. CORPORATION COMMISSION. 






H TT 


00 
r*5 


CO 


ON 


to 

O 


00 


51 


o 

00 


o 


S 


a 


no 


? 


O 


S 


00 


00 
NO 


O 


On 


On 


o 
-o no 


O 


O 

00 

o 


On 




NO 

ON 




vo 




CM 


^r 


00 
ON 

o 


00 
00 


O 
ON 


ON 


o 

l~0 


VO 


o 


ON 
CM 

00 


co 


«*• 0\ 


ro 


M 


co 


w 


o 


i/i 


t^ 


>- 


CM 


00 


On 


vo 


CM 


92 


o 


►- 


N 


00 


00 



UO ' lO W> "0 



bfl 2 £ 



O M O 






H P S 



2 * 

"Jo <-> 



S ft 



ro m M 



O O 

o o 
o' d 



2 .M 



,r *o -s 



S3 H C 

O 1-. cfl 



P< Q 



ASSESSMENT OF RAILROAD PROPERTY. 



23 



-3- ■*■ ■*■ 



00 t~~ M 



I I 



O X 



I 9 



5 £ 



9 g 






o a! 



24 



N. C. CORPORATION COMMISSION. 



5S = 



2 


in 


^ 


-3- 


On 


00 


00 


-t- 


o 


M 






_ 




3 














f^ 








o 


DO 


cr 


o 






-O Tf 


■»r 


w 


T^- 




cJT 


t^ 


•8 


CO 
















5 5" 






^ 


m 








<N 




Of! 




C» 










h ^ s 


t 


"t 






lO 




uO 


«* 




O 


o 



5-5 



£ 



s 



On On On On On CT\ 
vO VO NO VO NO VO 
O (J\ On ON On On 



00 00 00 00 



i 5 

< .2 



O 06 S S 



a "S 



ASSESSMENT OF RAILROAD PROPERTY 



25 



8 8 



£ 



R 


to 


R 




to 




to 


to 


rO 


to 


to 


to 


to 


to 


to 


to 


to 


to 


R 


to 


to 


to 


to 


to 


t>. 


to 


CO 




VO 






vO 

oo 


vO 

CO 


vO 
CO 


to 

CO 


£ 

r^ 


vo 

X 




vO 
CO 


VO 
CO 


vO 

00 


vO 

CO 


vd 

CO 


VO 

CO 


vO 

00 


VO 

00 


vd 

CO 




vO 

CO 


VO 

00 


VO 

CO 


vO 

co 


VO 

CO 


VO 

CO 



T 


* 


co 


M 


N 


S 


CO 


o 

vo 


O 

CO 


3 


VO 


o 


O 


o 


o 

o 


g 
o 


VO 

o 


o 
o 


o 
o 


o 

VO 


o 


to 


o 

O 


o 
o 


to 

VO 


E 


5 


o 


vo 


a 


VO 


t^ 


r^ 


ro 




•St- 


o 


r^ 


M 






M 


M 


M 


M 


l-l 




•H 




I-. 


P» 




cs 


IN 



a x 
o bo 



! ! a « 8 t; 
o o =3 o .2 



§ « O O X 



v -3 

a 2 



S 



s § 



O O <J 



£• o 



a p 



1 


8 

i 


e 


^. 


a 


t» 



H > 



26 



N. C. CORPORATION COMMISSION. 



« b s 



VO 00 



# 5- 



00 00 



M . tO tO IH 



O "5 S 



o « 






ft w 



6 3 



Q ft 



ti .3 



•*3 i- 

3 * 

s » a 

° »- « 



.2 o 

a p. 

O U 



ASSESSMENT OF RAILROAD PROPERTY. 



27 



<s 


N 






■^ 




8 


rO 


00 


r^ 


m 


l/"> 




lO 


r^ 


cy. 


lO 


N 


1^ 




^J- 


o 


O 


O* 




VO 








►"" 




CJ 


00 








M 






00 


r^ 




^- 










o 


T> 


<* 


lO 


o 


<*■ 


(^ 


r-~ 


8 


o 


CTi 


r*3 


o 


o> 


CM 












r^ 






























o 


>o 




oo 


\o 


00 


LO 










-a- 


<* 
















■* 














































00 










00 










00 








































£ 






































•* 
















CO 


CO 


iO 


co 



in m m io 



O Q 



80 ;g 



o > 






o J4 



g o 

09 H 

•5 € 

o V 



I i 



o u 



28 



N. C. CORPORATION COMMISSION. 



§ 


M 


00 

ON 


t^ 


3 


■H- 
On 


>* 


o 


01 


tr> 


<* 


3 


ID 


3 


1/N. 


ON 


vD 


ON 


81 


ON 


U7 
o 


o 

CO 





o 


ON 

o 


On 
O 


to 


CO 


00 


VO 


rO 




00 


ro 


If 

00 




O 
VO 


VO 


CM 

N 


CO 

O 


VO 


ON 




(N 



is 

3 u 
ffl <U 



o 


O 


O 


O 


o 


O 
PI 


O 
PI 


O 


O 


O 


O 


o 


8 


O 


o 
,PI 


O 


8 


o 


O 


8 


O 


o 


rO 


PI 


"5f 


c: 


to 


ro 




N 


CO 


Pi 








ro 


cT 


pT 


PO 


m 


to 


pT 


Pl 


PO 

St 
pT 



< § 

it! « 
S 



u 


'u 


fl 


co 











cq 


X 



ASSESSMENT OF RAILROAD PROPERTY. 



29 



Tf — IT) 

VO M O 

C«5 W Tf 



£ 5 



t*3 On jr; 



"S 8 & 
x Q a: 2 









U 

3 3 



H > 



a c 
S ^ 

2 0J 



30 



N. C. CORPORATION COMMISSION. 



H CO M 



& 9 






in r-~ — 



M M O 






Si 

3 ^ 



o 

vo 


vS 


O 
VO 


O 
vo 


vS 


o 

VO 


O 


O 

VO 


o 


o 
vo 


3 


S 


vS 


O 


O 

VO 


£ 


s 


5 


s 


5 


o 

VO 


O 

VO 






<o 








rr 


CO 








CO 


CO 


CO 


ro 


ro 


ro 


ro 


ro 


fO 


fO 


ro 






CO 


CO 


CO 


ro 




ro 




ro 


CO 
























M 


N 


"- 


'"i. 


N 


°1 








'l 


1 








M- 






m" 




«- 







en u b5 a 



s a 






a 55 
o 



£ £ 



T3 

as S3 



ASSESSMENT OF RAILROAD PROPERTY. 



31 



r-. ro vo 



s 




o 


1 o 

VO 


o 

VO 


o 

vO 


o 

vO 


O 
VO 


o 


vS 


£ 


O 

vO 


vS 


O 

VD 


o 

VO 


O 

VO 




Cv. 












ro 


ro 


ro 


rO 




ro 


ro 


ro 


ro 








ro 






ro 


ro 




ro 








ro 




ro 




^ 




« 












\, 




*v 


*! 


'"i. 




*! 



£ 



m 10 10 m 

00 00 00 00 



o -m «5 



Q W S O 



.C S .S 



O ' -g t! 



.2 o 



o n h 3 «> 



JU vo_ 
•— ro 

a » 



5 * 



a ^ 

.Q 



bo »- 

.2 3 

5 ft 
o a 

6 P 



32 



N. C. CORPORATION COMMISSION. 



13 






O -H 

8 £ 






VO ^O ^D 
nO vo vo 



o W 

s * 

-° cd 

I ° 

o c« 

O -r 



6 2 



" en 



3 s 



a m 



5 .2 



S c s 

a ft x; 

.5 a "C 

cfl o o 

3 I 1 

£ > S 



u ^ 



.= o 
= ft 
o w 



ASSESSMENT OF RAILROAD PROPERTY. 



« 0> iO oO 



0\ i-i 



OS M M 



u-) iO iO iO 



Kinstou 

New Bern 

Newport 

Morehead City 

Murphy 

Dallas 

Gastonia 

Lincolnton 

Newton 

Maiden ,,„_ 


<j 1 i i i 



5 *> 5 

5- ^ I 



C >j a n 



a ■ •- ■ « 



.5 M 

•6 -2 

O O 

« 05 



"O to 

I I 



." v 



* * 



+5 > r 



S3 2 



34 



N. C. CORPORATION COMMISSION. 



Z w 3 

o <u<- 






U U 



P. il 

£ -9 



a 

S fe o 

2 5 U 



in 'frl H O t< 



.2 o 

O Oj 

« q 



o 
o 


o 

o 


£ 


d 




m 


o 


o 


S 








ON 


* 





o r~- 



<u 

5P ■ 
2 o 
5 tf 



O U 

•J 4> 

« P< 

2 a 

rt o 

> -5 

— a 

2 3 



ASSESSMENT OF RAILROAD PROPERTY. 



35 



m 10 X 



o «*> 






2 5 >> 
o a 43 

H > <j 

5 
o 






•O -~ H 

ca S3 

o 

01 X 



M 
u 

o o 

to v 

he « 

•2 3 

O <U 

{* Q 



36 



N. C. CORPORATION COMMISSION. 



sis 

< 



rtS 



p.* 



-r - C* 



M CTn w 



W pa 



5 £ 



in io io 



CO rQ 

CO ", 

> -T3 



•J- O 

o <u 



o u > '3 



ASSESSMENT OF RAILROAD PROPERTY. 



37 






*r ^r m 



— * lC 



5 £ * 



*; a s 

■a ■- tj 



2 - s vm 

t I 1 1 

S o g S 



8 \% 



■= § 



o i- ? 



8 8 



H 3 



38 



N. C. CORPORATION COMMISSION. 



o w *3 



I? 



m in o> >- 



8 & 

Pi Q 



VO IN 



■* ■* Tf 

ro ro rO 



2 "S "S 



£ S 



2 o 

en fc 



> 3 



Q ,2 



. 5 - 



ASSESSMENT OF RAILROAD PROPERTY. 



39 



00 ON 

OC M 



o .£ 

a o 



t/3 > 



« W 



« <g 



p. c 
I 1 



o .* 



a 


T3 


03 


u 


-a 


Q 


be 


m 










a! 


-0 







J* 


« 




O 


a. 


a 


« 


tf 


3 








03 









••3 a 



■a 
u 


X 


4J 


6£ 










T3 




O 


CC 




a 








a 


o! 


tf 


Q 



« P. o * 
3 a * d 



40 



N. C. CORPORATION COMMISSION, 

8 g^ 



3 to s 

as™ 
5> 



1? 



o 
O 

I 

M , 

S5 
W 

I 



o »- 

■L ' 2 ? 3 



a « 
2 3 



s & 



1 

| b 



> 3 

— « 

C8 3 



ASSESSMENT OF RAILROAD PROPERTY. 



41 





<5 -9 
.2 « 

.3 

►4 



42 



N. C. CORPORATION COMMISSION. 



STATEMENT C— The following Table shows List of Counties with Railroad Mileage and 
Apportionments to Each County. 



County. 



Name of Road or Other Company. 



Alexander 



Beaufort 



Bladen 



Brunswick 



North Carolina 

Western Union Telegraph Company 

Pullman Company 

Southern Railway rolling stock 

Southern Express Company 

Statesville and Western 

Western Union Telegraph Company 

Southern Express Company 

Carolina Central 

Cheraw and Darlington 

Pee Dee News Transit Company 

Western Union Telegraph Company 

Pullman Company 

Southern Express Company 

Norfolk and Southern 

Washington & Hyde Co. Telephone Company 

Washington Branch 

C. H. Sterling 

Western Union Telegraph Company 

Pungo Lumber Company 

Old Dominion Steamship Company 

Carolina Telephone and Telegraph Company 

Southern Express Company 

\ Carolina Central 

Western Union Telegraph Company 

Atlantic Postal Telegraph Company 

Southern Express Company 

j Cashie and Chowan 

Norfolk and Carolina 

Roanoke and Tar River 

Pullman Company 

Wellington and Powellsville 

Western Union Telegraph Company 

Albemarle Steam Navigation Company 

Southern Railway rolling stock 

Southern Express Company 

Carolina Central 



Dis- 
tance. 



17-05 
82.37 
17-05 
17-05 
17.05 
9. 16 
8.92 
9. 16 
27 50 
13.90 



Valuation 
Per Mile 



58.66 


77.25 


27.50 


117.97 


41.40 


36.05 


11.80 


14,442.14 


41.00 


21.00 


6.62 


6, 189.91 



18.26 



16.00 

18.42 
32.80 
94.40 
95.20 
32.80 

21.00 

13.09 

7.60 

13.09 

20.00 

65.77 



$20, 786. 73 

77.25 

117.97 

I, 233. 60 

36.05 

3,312.86 

' 77.25 

36.05 

10,640.87 

4.425.97 



77.25 



I3.O9 
40.69 
12.20 



266. 07 
36.05 
10,640.87 
77.25 
30.73 
36.05 

2, 167. 86 

21,680.89 

8,423.38 

117.97 

1 , 920. 00 

77.25 



1,233.60 

36.05 

10, 640. 87 



Total 

Assessed 

Value. 



$354,4i3.8o 

6, 363. 12 

2,011.49 

21,032.90 

614.79 

30, 345- 87 

689. 07 

330. 28 

292,623.90 

61,521.09 

1 , 143. 00 

12,256.56 

3,244.34 

1,492.80 

170,417.25 

861.00 

40,977.25 

2, 500. 00 

1,410.59 

800. 00 

15, 75°. °° 

4,257.16 

664. 19 

349,020.50 

7, 292. 45 

2,925-77 

1,182.70 

45,525.00 

283, 802. 92 

64,017.72 

1,544-30 

38,400.00 

5, 080. 77 

1,012.50 

16,147.84 

1,467.20 

129,818.60 



ASSESSMENT OF RAILROAD PROPERTY 



43 



STATEMENT C— Continued. 



County. 



Name of Road or Other Company. 



Dis- ' Valuation 
tance. Per Mile. 



Brunswick 



Buncombe 



Burke . 



Cabarrus 



Caldwell 



Camden 



Wilmington, Columbia and Augusta 

Wilmington Railway Bridge Company 

Western Union Telegraph Company 

Atlantic Postal Telegraph Company 

Wilmington and Southport Telegraph Line 

Cape Fear Towing and Transportation Company. 

J. W. Harper, steamer 

Pullman Company 

Southern Express Company 

Western North Carolina 

Southern Bell Telephone and Telegraph Co 

Asheville and Spartanburg 

Pullman Company 

Western Union Telegraph Company 

Southern Express Company 

Carolina and Northwestern 

Western North Carolina 

Pullman Company .. 

Western Union Telegraph Companj' 

Southern Express Company 

North Carolina , 

Albemarle Telephone Company 

Yadkin 

Concord Telephone Company 

Pullman Company 

Southern Bell Telephone and Telegraph Co 

Western Union Telegraph Company 

American Telephone and Telegraph Company.. 

Southern Railway rolling stock 

Southern Express Company 

Carolina and Northwestern 

Caldwell and Northern 

Western Union Telegraph Company 

L,enoir and Blowing Rock Telegraph Company.. 

Southern Express Company 

Norfolk and Southern 

Western Union Telegraph Company 

Elizabeth City and Norfolk Telegraph Company. 



12. 



88 ! 

I 



.04 
102.05 
27. So 



111,694.66 

2o,S33. 3 3 

77.25 

30.73 



I 
12.88 

25.08 j 

47-49 
221.00 

10.36 , 

45.03 
212.41 

57- S2 
2.18 

2.970 

29.70 
108.17' j 

31.88 

17.16 ! 

16.00 ' 
1. 15 i 

13.00 1 
17.16 
5.00 ! 
453-30 

62.00 ;. 

17. 16 . 
18.31 ! 



10.60 

13 9; 

20.00 

11. Si 
5.00 
4.90 

11.00 



117.97 

36.05 

12,243.20 

3-35 
8,829.79 

117.97 

77-25 

36.05 

3.241.05 

12,243.20 

117.97 

77.25 

36.05 

20, 786. 73 

15.38 

3,217.92 



117.97 

3-35 

77.25 



Total 

Assessed 
Value. 



$150,627.25 

833-33 
7,883.41 

854.37 

500. 00 

23, 500. 00 



1,233.60 

36.05 j 
3,241.05 
2, 295. 18 
77.25 



36.05 

14,442.14 

77-25 

42.64 



i,5i9.53 

904-34 

581,429.86 

740. 58 

91,476.68 

5,3L245 

16, 40S. 7S 

2, 084. 89 

7, 065. 48 

363,623.22 

3,503,88 

88, 356. 19 

1,149-54 

356, 700. 34 

155- So 

3, 700. 64 

1 , Soo. 00 

2,024.47 

16.76 

35,017-65 

731.70 

21, 168.60 
66c. 2 2 

48,097.11 
24, 328. 87 

1,075.33 

490.00 

425. 85 

72,210.70 

378.53 

469.05 



44 



N. C. CORPORATION COMMISSION. 



STATEMENT C-Continued. 



Countv 



Name of Road or Other Company. 



Camden 



Caswell 



Chatham. 



Cherokee- 



Chowan 



Lake Drummond Canal and Water Company 

Old Domirion Steamship Company 

Southern Express Company 

Atlantic and North Carolina 

Western Union Telegraph Company 

Southern Express Company 

Piedmont 

Atlantic and Danville 

American Telephone and Telegraph Company.. 

Pullman Company 

Western Union Telegraph Company 

Southern Express Compan}* 

Carolina and Northwestern 

Western North Carolina 

Pullman Company 

Western Union Telegraph Company 

Southern Express Company 

Raleigh and Augusta Air-Line 

Atlantic and Yadkin 

Pittsboro 

Durham and Charlotte 

Egypt 

Pullman Company 

Western Union Telegraph Company 

Pittsboro Telegraph Line 

Mercantile Trust & Deposit Co., Trustee (R.&A )_ 

Southern Express Company 

Atlanta, Knoxville and Northern 

Western North Carolina 

Western Union Telegraph Company 

Southern Express Company 

Norfolk andSoutheru 

Suffolk and Carolina 

Western Union Telegraph Company 

Elizabeth City and Norfolk Telegraph Co 

J. W Branning, steamer 

Albemarle Steam Navigation Company 

Southern Express Company 



Dis- t Valuation 
ttnce. Per Mile. 



in. oo 
17-77 



14.60 

25-96 

7.10 

201.57 

22.45 
21.76 
22.94 
22.94 

1*7-3* 
34.8o 
15-95 
2*. 53 
1 1, 10 
5-27 
8.00 

»5-95 
86 85 



$36. 05 

7, 729. 79 

77.25 

36.05 

28,454.25 

7,819.51 



15.95 

6r. 10 

13.10 

23.95 

37-62 

37-05 

5-30 

8.00 

4.12 

4.00 



117-97 

77.25 

36.05 

3,241.05 

12, 243.20 

117.97 

77-25 

36.05 

15,256.45 

8,969.82 

2,128,57 

2,135.71 

2,971.86 

117.97 

77.25 



4. 20 



751-34 

36.05 

3,660.31 

1 2, 243. 20 

77.25 

36.05 

14,442.14 

2,779-32 

77.25 

42.64 



36.05 



Total 

^.ssesse< 
Value. 



$8,000.00 

2, 166.69 

180.29 

123,676.65 

1, 372. 74 

576.92 

410,594.78 

114, 164.88 

306. 35 

837.63 

15,571.38 

809. 50 

70,525.16 

2!" 0,859. '5 

2,706.37 

9,835.53 

1,254.83 

243,340,35 

255, 908. 94 

23, 840. 00 

11,255.22 

23,775.oo 

1,881.72 

6,709.21 

250. 00 

11,983.83 

2,239.22 

47, 950. 00 

293,224.80 

2, 906. 16 

1,335-95 

76,543.34 

22,234.57 

318.27 

170.56 

3, 500. 00 

1,012.50 

I5L45 



Cleveland 



Columbus 



Craven 



ASSESSMENT OF RAILROAD PROPERTY. 
STATEMENT C-Contiimed. 



45 




Carolina Central 

South Carolina and Georgia 

Atlanta and Charlotte Air-Line- 
Pullman Company 



21.30 
22.00 
S.77 
3.77 

Southern Express Company \ 52.07 

Western Union Telegraph Company I43-4I 

Laundale 9.00 

Carolina Central I 8.90 

Wilmington, Chadbourn and Conway 

Wilmington, Columbia and Augusta 



25.00 
50.45 
Pullman Company 50.45 



356. 72 
17.00 



Cumberland 



Western Union Telegraph Company 

Atlantic Postal Telegraph Company 

Southeastern 

Southern Express Company j 84.23 

Atlantic and North Carolina 45.00 

Wilmington, New Bern and Norfolk ; 9.44 

Western Union Telegraph Company | 112.80 

Henderson Telephone Company 

Old Dominion Steamship Company 

W. B. Ellis, steamers 

D. L Roberts, steamers 

A. J. Gatlin, steamers ! 

New Bern and Snow Hill Steamboat Co j 

New Bern and Seven Springs Transportation Co 

Broadus & Ives, steamers 

J J. Lassiter, steamers ! 

Southern Express Company ; 57.98 36.05 

Wilmington and Weldou (Fayetteville Branch) __; 32.74 27,604.31 

Atlantic and Yadkin j 30.93 . 9,054.37 

Aberdeen and Rock Fish 

Cape Fear River Transportation Company 

Pullman Company 

Western Union Telegraph Company 

Carolina Telephone and Telegraph Company 

Atlantic Postal Telegraph Company ' 212.08 

Carolina Postal Telegraph Company I 

1 Southern Express Company | 71.02 



$10,640.87 


$226,650.51 


5, 334- 79 


117,365.44 


22, 160.45 


194,347.17 


117.97 


1,034-65 


36.05 


1,^77-55 


77.25 


11,078.49 


2,277.78 


20, 500. 00 


10, 640. 87 


94, 703. 73 


• 3.495-20 


87, 380. 00 


11,694.66 


589,995.75 


117.97 


5,95i.7S 


77-25 


27.556.80 


30. 7 i 


522.46 


2, 112.25 


359 -oS 


36.05 


3,037-19 


7, 729. 79 


347,840.56 


5,678.57 


53,605.75 


77.25 


S, 713.86 




7,166.68 

1,000.00 
600.00 
700.00 

2 , 050. OO 

1 , OOO . OO 

Soo. 00 

2, 20O. 00 
2, 090. 65 

903,765.16 
280,051.96 
48,133.77 

3, 000. 00 
3,862.53 
20,083,58 
3, 458. 94 
6,517-83 
165. 00 
2, 560. 85 



46 



N. C. CORPORATION COMMISSION. 



STATEMENT C— Continued. 



County. 



Currituck 



Davidson. 



Davie 



Duplin 



Durham- 



Edgecombe 



Name of Road or Other Company. 



Dis- 
tance 



Norfolk and Southern I 14.30 

Western Union Telegraph Company 1 14.00 

Albemarle and Chesapeake Canal Company 

Southern Express Company j 14. 30 

North Carolina 24.80 

Lexington Telephone Company 1 



Pullman Company 

American Telephone and Telegraph Company 

Western Union Telegraph Company 

Thomasville Telephone Company 

Southern Railway rolling stock 

Southern Express Company 

North Carolina Midland 

Western Union Telegraph Company 

Southern Express Company 

Wilmington Steamship Company 

Old Dominion Steamship Company 

Wilmington and Weldon 

Kenansville Telephone Company 

Wilmington and Weldon (Main Line) 

Pullman Company 

Western Union Telegraph Company 

Southern Express Company 

Durham and Northern 

North Carolina 

Southern Bell Telephone and Telegraph Co 

Oxford and Clarksville 

Interstate Telephone and Telegraph Co 

Norfolk and Western 

Pullman Company 

Western Union Telegraph Company 

Atlantic Postal Telegraph Company 

Southern Railway rolling stock 

Southern Express Company 

Norfolk and Carolina 

Carolina Telephone and Telegraph Company.. 

Wilmington and Weldon 

Albemarle and Raleigh (Branch) 



24.80 
109.49 
603.85 



24. So 
24.80 
17.68 
12.00 
12.38 



3.00 



33-96 
33-96 
334- 30 
36.96 
10.39 
16.22 
97.00 
11, 18 
12.00 
19.50 
16.22 
154.35 
27.00 
16.22 
57-95 
10.41 
11.00 
14.38 



Valuation 
Per Mile. 



$14,442.14 
77.25 



36.05 
20, 786. 73 



Total 



Value. 



117.97 



77.25 



1, 233. 60 
36.05 

2, 718. 29 
77.25 
36.05 



4,255.62 



27.433.6o 

H7,97 

77-25 

36.05 

5,518.38 

20, 786. 73 

3-35 

5,468.78 

88.00 

6,150.58 

117.97 

77.25 

30.73 

1,233.60 

36.05 

21,680.89 

266.07 

21,543.46 

5,7".93 



$206,522.60 

1,081.51 

100,000.00 

515.64 

515,510.98 

200. 00 

2, 925. 80 

1,292. 18 

46.647.71 

1,695.00 

30,593.30 

894. 24 

48,059.47 

927.01 

446. 40 



6,166.66 

12,766.86 

200.00 

931,645.26 

4, 006. 46 

25, 824. 84 

1,332.72 

57,335.98 

337,160.81 

325.05 

61,140.90 

1,056.00 

119,936.29 

i,9i3.57 

11,923.61 

829.79 

20, 009. 02 

2,089.58 

225,698.12 

2, 926. 78 

309,795-00 

50,787.99 



County. 



Edgecombe 



Forsyth 



Franklin 



Gaston 



Gates. 



ASSESSMENT OF RAILROAD PROPERTY. 
STATEMENT C— Continued. 



47 



Name of Road or Other Company 



Wilson and Carolina Telephone Company 

Wilmington and Weldon (Main Line) 

Pullman Company 



Dis- 
tance. 



30.00 

10. 15 
21.56 



Southern Express Company 43.83 

Western Union Telegraph Company | 492.49 

Tar River Oil Company 

Old Dominion Steamship Company 

Southern Railway Rolling Stock 

East Carolina 

Northwestern North Carolina 

Atlantic and Yadkin 

North Carolina Midland 

Norfolk and Western 

Interstate Telephone and Telegraph Company 

Western Union Telegraph Company 

Southern Express Company 

Southern Bell Telephone and Telegraph Co 



Valuation 
Per Mile. 

875-97 
27,433-6o 

117.97 
36.05 
77-25 



26. 95 

7-57 

36.71 

10.77 

13-73 
14.96 
12.00 

123-37 
76.17 

173.00 



1,233.60 

i,55i-52 

9, 39^- 00 

8,969.82 

2,718. 29 I 

9,014. 18 1 

88.00 

77-25 

36. 05 

3-35 



Louisburg 

Raleigh and Gaston 

Pullman Company 

Western Union Telegraph Company 

Henderson Telephone Company 

Atlantic Postal Telegraph Company 

Louisburg Telegraph Company 

Mercantile Trust and Deposit Co. (trustee R. & G). 

Southern Express Company 

Carolina and Northwestern 

Gastonia Telephone Company 

Carolina Central 

Bessemer Telephone Company 

Atlanta and Charlotte Air-Line 

Pullman Company 

Western Union Telegraph Company 

Southern Express Company 

Norfolk and Carolina 

Suffolk and Carolina 

Pullman Company 

Albemarle Steam Navigation 



10.00 i 5, 100.00 

12.gr 26,884.22 

12.91 ; H7-97 

34,46 \ 77.25 



Total 

Assessed 

Value. 

$2,279.07 

278,451. 10 

2, 425. 58 

1,580.43 

38. 045. 10 

4, 500. 00 

2, 000. 00 

33, 245. 54 

11,745.00 

345, 000. 69 

96,604. 84 

37,322.20 

134,852.08 

1 , 056. 00 
9, 530. 39 

2, 746. 57 
579- 72 

51,000.00 

347, 075- 28 
1,523-07 
2,662.05 



97. 20 



12.91 J 836.76 

22. 9 r j 36.05 

19.26 I 3,241.05 



17.50 10,640.87 



23.00 

23.00 
323-3I 

59- 76 
14.84 
17.50 
14.84 



22, 160.45 

i'7-97 
77-25 
36.05 
21,680.89 
2,779-32 
117.97 



2,987.24 

250. 04 

10,8(32.53 

S26. 10 

62,422.55 

4,420.00 

186, 215.21 

825. 00 

509, 690. 45 

2,713-45 

24,975.86 

2,154.84 

321,744.49 

48,638.10 

1,750.76 

1,012.50 



48 



N. C. CORPORATION COMMISSION. 



STATEMENT C— Continued. 



County. 



Gates. 



Granville. 



Name of Road or Other Company. 



Guilford. 



Greene . 
Halifax. 



Western Union Telegraph Company 

Southern Railway rolling stock 

Southern Express Company 

Durham and Northern 

Oxford and Clarksville 

Henderson Telephone Company 

Oxford and Henderson 

Atlantic and Danville 

North and South Carolina Division 

Western Union Telegraph Company 

Southern Express Company 

High Point, Randleman, Asheboro and Southern 

Northwestern North Carolina __ 

North Carolina 

Piedmont 

American Telephone and Telegraph Company.. 

Atlantic and Yadkin 

Pullman Company 

Western Union Telegraph Company 

Interstate Telephone and Telegraph Company.. 

Southern Railway rolling stock 

Southern Express Company 

Carolina Telephone and Telegraph Company- 
Norfolk and Carolina 



5-66 

2. 20 

3-73 

92.38 

68.37 

3-04 

12.20 

33-37 

14-43 

120.52 

39.26 

54-23 

[,08883 

18.00 

33-37 

104. 29 

10.00 

13.24 

Raleigh and Gaston 1999 

Carolina Telephone and Telegraph Company 

Wilmington and Weldon (Scotland Neck Branch). 

Mercantile Trust and Deposit Co. (R. &G.) 

Mercantile Trust and Deposit Co. (S. & R.) 

Wilmington and Weldon 

Henderson Telephone Company 

Seaboard and Roanoke 

Pullman Company 

Western Union Telegraph Company 

Atlantic Postal Telegraph Company 

Southern Railway rolling stock 

Southern Express Company 

Wilmington and Weldon (Fayetteville Branch).. 



Dis- 
tance. 



70.30 
14.84 
14.81 
22.36 

38.15 



Valuation 
Per Mile 



$77- 25 

1,233.60 

36.05 

5,5i8.38 

5,468.78 



11.00 
25.92 
19-99 
•32 
21.93 



5,454-79 

7,819.51 

1,500.00 

77.25 

36.05 

4,881.44 

9, 398. 00 

20,786.73 

28,454.25 



.32 
55-47 
411.06 
76.00 
13-24 
81.35 
6.42 



8,969.82 

117.97 

77-25 

88.00 

1,233.60 

36.05 

266, 07 

21,680.89 

26, 884. 22 

266. 07 

83:. 60 

836.76 

833- 29 

27,433.6o 



Total 

Assessed 

Value. 



$5,430.71 

18,306.64 

534-02 

123,391.01 

208, 634. 02 



30,874.14 
17,202.92 
5,595.oo 

7,136.40 
2, 465. 30 

14, 839- 58 
114,655.64 

693,653.28 

603,230.05 

1,422.33 

352,155-09 

6,397.83 

84,112.66 

1,584.00 

41,165.28 

3,760.52 

2, 660. 70 

287, 055. 06 

537,415-57 

2,926.78 

215,618.34 

16,926.7s 

266.65 

601,618.97 



26,881.39 
117.97 
77-25 
30.73 
1,233.60 
36.05 



8, 602. 04 

6,544.12 
31,754.59 

2,335.70 
16,332.88 

2,933-34- 



27,604.31 ! 177,219.67 



ASSESSMENT OP RAILROAD PROPERTY. 



49 



STATEMENT C— Continued. 



County. 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
Per Mile. 



Total 

Assessed 

Value. 



Haywood - 



Henderson 



Hertford. 



Hyde 



Iredell- 



Dunn and I^illington Telephone Company 

Atlantic and Yadkin 

Pullman Company 

Western Union Telegraph Company 

Southern Express Company 

Atlantic Postal Telegraph Company 

Cape Fear and Northern 

Western North Carolina 

Western Union Telegraph Company 

Southern Express Company 

Asheville and Spartanburg 

Transylvania 

Western Union Telegraph Company 

Southern Express Company 

Pullman Company 

Norfolk and Carolina 

Winton 

Pullman Company 

Western Union Telegraph Company 

Southern Express Company 

Telegraph Company 

Albemarle Steam Navigation Company 

Southern Railway rolling-stock 

Wellington and Powellsville 

Fairfield Canal and Turnpike Company 

Wilmington Steamship Company 

Old Dominion Steamship Company 

Fairfield and Elizabeth City Transportation Co. 

Washington and Hyde County Telephone Co 

Statesville and Western 

Western North Carolin; 

Southern Bell Telephone and Telegraph Co 

Atlantic, Tennessee and Ohio 

Pullman Company 

Southern Express Company 

Western Union Telegraph Company 

North Carolina Midland . 



16.00 
13.60 

6.42 
50.20 
20.02 
147. 00 

2.00 
21.57 
21.00 
21-57 
21.56 
11.50 
63.46 
21.56 
21.56 

14.53 
15.00 
14.53 
69-45 
14.00 



14.53 
4.00 



9.00 
11.20 
20.11 
23.00 
21.68 
20.11 
52.91 
"4.35 

4.90 



$9,054.37 

117.97 

77.25 

36.05 

30.73 

2, 862. 38 

12, 243.20 

77-25 

36.05 

8, 829. 79 

2,865.00 

77.25 

36.05 

117.97 

21,680.89 

2,023.33 

117.97 

77-25 

36.05 



1,233.60 
1,920.00 



21.00 

3,312,86 
12,243.20 

3-35 
8,424.22 

117.97 

36.05 

77.25 

2,718.29 



$300.00 

123,139.56 

757.41 

3,877.98 

721.89 

4,517.74 

5, 724. 75 

264,085.97 

1,622.26 

777.78 

190,370.38 

32,947.50 

4,902.32 

777.42 

2,543.56 

315,023.41 

30, 350. 00 

1,714.19 

5, 365. 05 

504. 82 



1,012.50 
17,921.22 
7, 680. 00 
6, 240. 00 



7, 166. 68 

1,000.00 

189.00 

37,104.14 

246,210.89 

77.07 

181,963.20 

2,372.50 

1,907.84 

8,833-59 

13,319-65 



50 



N. C. CORPORATION COMMISSION. 



STATEMENT C— Continued. 



County. 



Name of Road or Other Comt 



Jackson 



Johnston. 



J jnes. 



Lincoln 



Madison. 



Western North Carolina 

Western Union Telegraph Company 

Southern Express Company 

Midland North Carolina 

Wilson and Carolina Telephone Company 

North Carolina 

Wilmington and Weldon (Fayetteville Branch)— 

Interstate Telephone and Telegraph Company 

Pullman Company 

Western Union Telegraph Company 

Atlantic Postal Telegraph Company 

Southern Railway rolling-stock 

Southern Express Company 

Atlantic and North Carolina 

Wilmington, New Bern and Norfolk 

Western Union Telegraph Company 

Southern Express Company 

Wilmington and Weldon (Scotland Neck Branch). 
New Bern and Seven Springs Transportation Co.. 

Atlantic and North Carolina 

Carolina Telephone and Telegraph Company 

Western Union Telegraph Company 

Southern Express Company 

Carolina and Northwestern 

Western Union Telegraph Company 

Carolina Central 

Southern Express Company 

Western Union Telegraph Company 

Western Nonh Carolina 

Southern Express Company ... 

Western North Carolina 

Pullman Company 

Western Union Telegraph Company 

Southern Express Company 

Wilmington and Weldon (Scotland Neck Branch). 

Albemarle and Raleigh (Branch) . 

Wilmington and Weldon (Washington Branch).... 
Western Union Telegraph Company 



Dis- 
tance. 



22.89 
22.35 
22.89 
12.74 
30.00 
26.24 
30. S8 
26.00 
57.62 
341-73 
7.00 
26.74 
69.86 
4.00 
12.79 
22.61 
16.26 
11.07 



19.00 
10.00 

60.37 

28.07 

14.26 

3i-i6 

15.60 

29.86 

2.08 

2-57 

2-57 

28.30 



Valuation 
Per Mille. 



28.30 1 


117.05 


25.30 


17.40 


6.71 


.42 


114.02 



$12,243.20 

77.25 

36.05 

3,192.55 

75.97 

20, 786. 73 
27,604.3I 
88.OO 
117.97 
77.25 
30.73 
1,233.60 
36.05 

7, 729. 79 

5,678,57 

77.25 

36.05 

8,318.60 



Total 

Assessed 

Value. 



7, 729- 79 

266.07 

77.25 

36.05 

3,241.05 

77.25 

10,640.87 

36.05 

77-25 

12,243.20 

36.05 

12,243.20 

117.97 

77-25 

36.05 

8,318.60 

5,712.93 

6,189.91 

77.25 



$280,246.99 

1,726.55 

825.35 

40,673.19 

2,279.07 

545,443.88 

852,421.15 

2, 288. 00 

6, 797. 77 

26,398.81 

215-13 

32,986.49 

2,519.04 

30,919.16 

72,628.98 

1,746.63 

586.30 

92, 086. 99 

1,000.00 

146, 866, 02 

2, 660. 70 

4,663.61 

1,012. 15 

46,217.30 

2, 407. 13 

165,997.56 

1 , 076 . 70 

160.68 

31,465.05 

92.67 

346,482.74 

3,338.72 

9,042.17 

1,020.45 

144, 743- 79 

38,333.78 

2,599.76 

8.808.10 



ASSESSMENT OF RAILROAD PROPERTY. 



51 



STATEMENT C— Continued. 



County 



Martin 



McDowell- 



Mecklenburg 



Mitchell. 



Montgomery. 



Name of Road or Other Company. 



Dis- 
tance. 



Roanoke and Tar River Steamboat Company.-. 

Southern Express Company 

South Carolina and Georgia 

Western North Carolina 

Pullman Company 

Western Union Telegraph Company 

Southern Express Company 

Marion Telephone Company 

Charlotte, Columbia and Augusta 

Carolina Central 

North Carolina 

Atlantic, Tennessee and Ohio 

Atlanta and Charlotte Air-Line 

Southern Railway rolling stock 

Southern Bell Telephone and Telegraph Co.— 

Pullman Company 

American Telephone and Telegraph Company 

Western Union Telegraph Company 

Southern Express Company 

EJast Tennessee and Western North Carolina _. 

Western Union Telegraph Company 

Unville River ! 

Aberdeen aud Ashboro 

Moore county 

Southern Express Company 

Carthage 

Moore County Railroad 

Raleigh and Augusta 

Aberdeen and Ashboro 

Atlantic and Yadkin (A. C L) 

Atlantic and Yadkin (Southern Railway) 

Aberdeen and Rock Fish 

Pullman Company 

Western Union Telegraph Company 

Mercantile Trust and Deposit Co .Trustee (R. & A.) 

Carthage Telegraph Line 

Durham and Charlotte 

Southern Express Company 



51.38 
13-30 
32.24 
32.24 
129.04 
45-54 



Voluation 
Per Mile. 



Total 

Assessed 

Value. 



23.90 
11.90 
23.40 
11.42 
11.90 

344.00 
58.70 
95.84 

774.52 

82.10 

3-oo 

4.90 

12.00 

38.00 

• 50 

24.25 

18.50 

12.00 

38. 50 

23-25 

10.40 

3-39 

3-o° 

38.50 

97-47 

38.50 



$36. 05 

5, 334- 79 

12,243.20 

117.97 

77.25 

36.05 



22, 025. 26 

10,640.87 

20, 786. 73 

8,424.22 

22, 160.45 

1,233.60 

3-35 

117.97 



16.43 
34.37 



77.25 

36.05 

4, 497. 84 

77.25 

1,011.25 

2 , 660. 00 

1,958.80 

3605 

2,541.89 

1,958.80 

15,256.45 

2, 660. 00 

9, 054. 37 

8,969.82 

1,851.30 

117.97 

77.25 

751-34 



2,i35.7i 

36.05 



$12,764.00 

1,852.68 

70, 952. 75 

394,720.97 

3,803.54 

9, 968. 40 

1,642.09 

1,000. CO 

252. 850. 00 

254,316.77 

247,362.12 

197, 126.80 

253,072.38 

14,679.85 

1,152.76 

6, 925. 19 

1,131.11 

59, 832. 06 

2,960.38 

I3,493.52 

378. 53 

12,135.00 

101,080.00 

979. 40 

874. 40 

47,025.00 

23, 5°5. 60 

587,373.25 

61,845.00 

94,165.55 

30,407.68 

5,553.89 

4,542.07 

7,529.61 

28,926.49 

200. 00 

35, 089. 78 

3, 042. 23 



52 



N. C. CORPORATION COMMISSION. 



STATEMENT C— Continued. 



County. 



Nash 



New Hanover. 



Northampton 



Name of Road or Other Company. 



Wilmington and Weldon (Nashville Branch) 

Wilmington and Weldon 

Pullman Company 

Western Union Telegraph Company 

Southern Railway rolling-stock 

Southern Express Company 

New Hanover Transit Company 

Carolina Central 

Wilmington, New Bern and Norfolk 

Wilmington and Weldon 

Wilmington Sea Coast 

Atlantic and Yadkin_ 

Wilmington Railway Bridge Company 

Pullman Company 

Southern Bell Telephone and Telegraph Co 

Western Union Telegraph Company 

Merchants and Farmers Steamboat Company 

Atlantic Postal Telegraph Company 

Black River Packet Company 

Wilmington Dummy Line 

Wilmington and Brunswick County Junction 

Chas Wessell, steamboats 

Wilmington and little River Transportation Co— 

Walter Taft, steamboats 

T. H Hawkins, steamboats 

J. W. Harper, steamboats 

Southern Express Company 

Petersburg 

Northampton and Hertford 

Roanoke and Tar River 

Seaboard and Roanoke 

Pullman Company 

Western Union Telegraph Company 

Atlantic Postal Telegraph Company 

United Telegraph Company 

Mercantile Trust and Deposit Co., Trustee (S.& R ) 

Southern Express Company 

Wilmington, New Bern and Norfolk 



Dis- 
tance. 



19.20 
n. 18 
11. 18 
19.00 
3 20 
30.38 



1. 01 
11.92 
9-42 
11.81 
6.40 
2.36 
9.42 
287. 00 
195. 70 



1.25 
1.20 



33.69 

7.18 

7.84 

24.70 

17.97 

25.90 

286. 90 

41.60 



Valuation 
Per Mile. 



17.97 
50.72 

36-31 



$4, 289. 94 

27,433.60 

117.97 

77.25 

1,233.60 

36.05 



10,640.87 

5,678.57 

27, 433. 60 

3,537-68 

9,054.37 

20, 833. 33 

117.97 

3-35 

77-25 



30.73 



5, 800. 00 
5, 000. 00 



36.05 

27,145.40 

2,619.39 

8,423.38 

26,881.39 

117.97 

77.25 

30.73 



833. 29 

36.05 

6,678.57 



Total 

Assessed 

Value. 



$82, 367. 00 

306,707.72 

1,318.97 

1,467.76 

3,947.53 

1,095.45 

1 1 , 000. 00 

10,747.28 

67, 688. 62 

258,424.57 

41, 780. 00 

57,948.03 

49, 166. 67 

',m.33 

961.85 

15,117.92 

2, 000. 00 

122.93 

2,600.00 

7,250.00 

6,000.00 

1,200.00 

3, 000. 00 

700. 00 

300. 00 

11", 000. 00 

1,214.80 

194,904.00 

20, 536. 00 

208,057.55 

483,058.54 

3, 055- 58 

22,163.17 

1,278.49 



14, 974. 26 

1,828.86 

206,189.08 



ASSESSMENT OF RAILROAD PROPERTY. 
STATEMENT C-Continned. 



53 



County. 



Name of Road or Other Company. 



Dis- 
tance 



Onslow. 



Archey K. K. Marine, steamer 

Western Union Telegraph Company | 35.00 



Orange. 



Parnlieo. 



Pasquotank 



Pender 



Perquimans. 



Person 



Southern Express Company 

North Carolina 

State University 

Pullman Company 

Western Union Telegraph Company 

Southern Railway rolling-stock 

Southern Express Company 

Wilmington Steamship Company 

Old Dominion Steamship Company 

Norfolk and Southern 

Western Union Telegraph Company 

Elizabeth City and Norfolk Telegraph Company- 
Elizabeth City Telephone Company 

Guard &. Thornton, steamers 

Lake Drummond Canal Company 

Wilmington Steamship Company 

Old Dominion Steamship Company 

Southern Express Company 

Wilmington, New Bern and Norfolk 

Wilmington and Weldon ! 

vtlantic and Yadkin 

Pullman Company 

Western Union Telegraph Company 

Ellis Sherman 

W. H. Ward , steamers 

Southern Express Company 

Norfolk and Southern 

C. F. Sumner 

Western Union Telegraph Company 

J. D. Weymouth 

Elizabeth City and Norfolk Telegraph Company- 
Old Dominion Steamship Company 

Southern Express Company 

T. D. Saunders 

Atlantic and Danville 

Norfolk and Western 



36.31 
17.27 
10. 14 
17.27 
103. 20 
17.27 
27.67 



Valuation 
Per Mile. 



12.57 
12.25 
20.00 



t2.57 
15.75 
25.19 
21.90 
25. 19 
282. 50 



62. 83 
16.30 



16.00 



18.00 



16.30 



5.20 
22.19 



$77- 2 5 

36.05 

20, 786. 73 

2,470.31 

117.97 

77.25 

1,233.60 

36 05 



14,442.14 
77-25 
42.64 



36.05 

5,678.57 

27,433.6o 

9,o54.37 

117.97 

77.25 



36.05 
14,442.14 



77.25 



42.64 



36.05 



7,819.51 
6,150.58 



Total 

Assessed 

Value. 



8800. 00 

2,703.77 

1,309.27 

358,986.88 

25, 049. 00 

2,037.44 

7,972.25 

21,304.29 

997- 75 



3, 966. 66 

946. 32 

852. 84 
1,500.00 

800. 00 
8, 000. 00 



453.25 

89, 437- 57 

691,052.54 

198,290.91 

2,971.81 

21,823.27 

500. 00 

1 , 650. 00 

2, 265. 51 
235, 406. 88 

500. 00 
1,236.01 
1,800.00 

767.55 

2,166.66 

587.75 

2, 100. 00 

40,661.46 

136,481.36 



54 



N. C. CORPORATION COMMISSION. 



STATEMENT C— Continued. 



County. 



Person 



Polk. 



Randolph 



Richmond. 



Robeson. 



Name of Road or Other Company. 



Western Union Telegraph Company 

Southern Express Company 

Wilmington and Weldon (Scotland Neck Branch) 

Albemarle and Raleigh (Branch) 

Wilmington and Weldon (Washington Branch) __ 

Greenville Telephone Company 

Western Union Telegraph Company 

Wilson and Carolina Telephone Company 

Moccasin River Steamboat Company 

Old Dominion Steamship Company 

Southern Express Company 

Asheville and Spartanburg 

Pullman Company 

Western Union Telegraph Company 

Southern Express Company 

High Point, Randleman, Ashboro and Southern- 
North Carolina 

Atlantic and Yadkin 

Aberdeen and Ashboro 

Pullman Company 

Western Union Telegraph Company 

Southern Railway rolling-stock 

Southern Express Company 

Carolina Central 

Palmetto 

Raleigh and Augusta 

Atlantic and Yadkin 

Cheraw and Darlington 

Pullman Company 

Western Union Telegraph Company 

Atlantic Postal Telegraph Company 

Red Springs and Bowmore 

Mercantile Trust and Dep. Co.,Trustee (R. & A )._ 

Southern Express Company 

Carolina Central 

Atlantic and Yadkin 

Wilmington and Weldon (Fayetteville Branch) 
Red Springs and Bowmore 



Dis- 
tance. 



Valuation 
Per Mile. 



38.10 
27.39 
31-43 
34-42 
18.35 J 
70.00 ' 
126.30 I 
30.00 l 



$77- 25 

36.05 

8,318.60 

5,712.93 

6,189.91 



77-25 
75-97 



56.49 

10.00 

10.00 

27.30 

10.00 

23-74 

.60 

30.49 

15.50 

.60 

71.60 

.60 

70.33 

32.07 

7.00 

28.73 

9.66 

.42 

32.73 

209. 70 

121.40 



28.73 
78.52 
30.60 
26.20 
34.7o 
15.00 



36.05 

8,829.79 

117.97 

77.25 

36.05 

4,881.44 

20, 786. 73 

8,969.82 

2, 660. 00 

117.97 

77.25 

1,233.60 

36.05 

10,640.87 

2,419.48 

15,256.45 

9,054.37 

4, 425. 97 

117.97 

77.25 

30.73 



Total 

Assessed 

Value. 



751-34 

36.05 

10,640.87 

9, 054- 37 

27, 604. 31 

980. 95 



$2,943.24 

987.64 

261,453.88 

196,639.18 

113,584.99 

940. 00 

9, 756. 74 

2,279.07 

1,500.00 

3, 250. 00 

2,036.91 

88, 297. 94 

1,179.76 

2,108.94 

360.58 

115,885.42 

r 2, 472. 04 

273, 489. 78 

41,230.00 

70.79 

5,53i-i4 

740.17 

2,535.98 

341,252.68 

16,936.39 

438,317.75 

87,465.30 

1,858 91 

3,861.35 

16,199.43 

3,730.97 



51,585.92 

2,831.30 

325,610.60 

237, 224. 74 

957, 869. 61 

14,714.62 



ASSESSMENT OF RAILROAD PROPERTY. 



55 



STATEMENT C— Continued. 



County. 



Robeson. 



Rockingham- 



Rutherford. 



Sampson. 



Stanly. 



Name of Road or Other Companj' 



Aberdeen and Rock Fish 

Southeastern 

Pullman Company 

Western Union Telegraph Company 

Carolina Telephone and Telegraph Company 

Atlantic Postal Telegraph Company 

Carolina Northern 

Southern Express Company 

Danville and Western 

Piedmont 

Norfolk and Western 

Atlantic and Yadkin 

Pullman Company 

American Telephone and Telegraph Company... 

Western Union Telegraph Company 

Southern Express Company 

North Carolina 

North Carolina Midland 

Western North Carolina 

Salisbury Telephone Company 

Yadkin 

Pullman Company 

Western Union Telegraph Company 

American Telephone and Telegraph Company___ 

Southern Railway rolling-stock.. _ 

Southern Express Company 

Carolina Central 

South Carolina and Georgia 

Western Union Telegraph Company 

Southern Express Company 

Wilmington and Weldon (Clinton Branch) 

Western Union Telegraph Company 

Atlantic and Yadkin 

Southern Express Company 

Yadkin 

Albemarle Telephone Company 

Western Union Telegraph Company 

Southern Express Company 



Dis- 
tance. 



9.50 
21.21 

34.70 

304.80 
13.00 

108. 24 
5-00 

102.75 
7.80 
21.20 
20.02 
10.44 
21.20 
85.26 

620. 00 
59.36 
20.60 
17.20 
17.52 



Valuation 
Per Mile. 



16.66 
38.12 
613.70 
75.93 
20.60 
54.78 
15.72 
27.50 
24.30 
42.50 
10.43 
75.00 
38.92 

49-35 
23.19 
16.00 
22.50 
23.19 



$1,851.30 

2,112. 25 

117.97 

77- 25' 

266.07 

30.73 

1,036.50 

36.05 

2, 653. 83 

28,454.25 

9,014.18 

8, 969. 82 

117.97 

77.25 

36.05 

20, 786. 73 

2,718.39 

12,243.20 



3,217.92 

117.97 
77-25 



Total 

Assessed 

Value. 



1,233.60 

36.05 

10,640.87 

5,334-79 
77-25 
36.05 

4,255-62 
77.25 

9,054.37 
36.05 

3,217.92 
15.38 
77.25 
36.05 j 



817,587.34 

44,800.92 

4,093-76 

23,545-95 

3,458.94 

3,326.53 

5,182.50 

3,705.oo 

20, 700. 00 

202,025.17 

180,463.81 

93,644.91 

2,501.09 

1,006.26 

47,895.31 

2, 140.40 

428, 206. 70 

46, 754. 6S 

214,500.97 

2, 000. 00 

53,610.64 

4, 497. 24 

47. 408. 63 

896.07 

25,412.1s 

1,975-27 

167,274.46 

146, 706. 8 r 

1,877.19 

1,532.48 

44,386.14 

5, 793- 79 

352, 396. 45 

i,779.4S 

74. 623. 72 

246 . 20 

1, 73S. 14 

636. 19 



56 



N. C. CORPORATION COMMISSION. 



STATEMENT C— Continued. 



County 



Scotland 
Stokes _. 

Surry 

Swain ... 
Union. .. 

Vance — 



Name of Road or Other Company. 



Transylvania 

Tyrrell 

Wake 



Red Springs and Bowmore 

Atlantic and Yadkin 

Norfolk and Western 

Western Union Telegraph Company 

Southern Express Company 

Atlantic and Yadkin 

Northwestern and North Carolina 

Southern Express Company 

Western Union Telegraph Company 

Mount Airy and Eastern 

Western North Carolina 

Western Union Telegraph Company 

Southern Express Company 

Georgia, Carolina and Northern 

Carolina Central 

Pullman Company 

Western Union Telegraph Company 

Southern Express Company 

Durham and Northern 

Oxford and Henderson 

Henderson Telephone Company 

Raleigh and Gaston , 

Pullman Company 

Western Union Telegraph Company 

Atlantic Postal Telegraph Company j. 

Mercantile Trust and Deposit Co., Trustee (R. & G.) 

Southern Express Company 

Transylvania 

Tyrrell Telephone Company 

Durham and Northern 

North Carolina 

Raleigh and Augusta 

Raleigh and Gaston 

Interstate Telephone and Telegraph Company- 
Southern Railway depot 

Southern Bell Telephone and Telegraph Co 

Pullman Company 

Western Union Telegraph Company 



Dis- 
tance. 



6.00 
20.80 
io. 67 
40.10 
31-47 
17.40 
33.13 
52-55 
51.00 

5.00 
38.36 
38.00 
38.36 
14.41 
25.50 
39.80 
126. 10 
39.80 

7.50 

7.06 



Valuation 
Per Mile. 



20.85 
20.85 
79.20 
162.40 
20.85 
35-41 
9-50 
6.00 

LIS 

30 22 
23.50 
18.74 
27.OO 



200. 00 

72.47 
317.10 



$980. 95 

8,969.82 

9,014. 18 

77.25 

36.05 

8,969.82 

9, 398. 00 

36.05 

77-25 

1,356.00 

12,243.20 

77.25 

36.05 

10, 342. 05 

10,640.87 

117.97 

77.25 

36.05 

5,5i8.38 

5,454.79 



26,884.22 

117.97 

77.25 

30.73 

836. 76 

36.05 

2, 865. 00 

50.00 

5,5i8.38 

20, 786. 73 

15, 256. 45 

26,884.22 



Total 

Assessed 

Value. 



3-35 
117.97 
77.25 



$5,885,71 

186,572.24 

96,181.26 

3,097.74 

i,i34.75 

156,074.85 

311,355-84 

1,894.81 

3,939-78- 

6, 780. 00 

469, 649. 39 

2, 935- 52 

1,383.20 

148,925.47 

271,342.16 

4, 695- 44 

9,74L29 

i,435.io 

41,387.87 

38,510.86 



56o,535.99 

2,459.8o 

6, 1 18. 24 

4,991.02 

17,446.38 

1 , 276 . 80 

27,217.50 

300. 00 

6,346.14 

628,175.07 

358, 526. 53 

503, 810. 29 

2, 376. 00 

10,000.00 

670.21 

8,549-71 

24,496.13 



ASSESSMENT OF RAILROAD PROPERTY. 



57 



STATEMENT C— Continued. 



County. 



"Warren 



Wilkes 



Wilson 



Name of Road or Other Company. 



Dis- 
tance. 



Watagua 

Washington 

Wayne 



Southern Express Company 

Atlantic Postal Telegraph Company 

Southern Railway rolling-stock 

Mercantile Trust and Deposit Co .Trustee (R. & G.)j 
Mercantile Trust and Deposit Co., Trustee (R. & A.) 

Cape Fear and Northern 

Raleigh and Cape Fear 

Raleigh and Gaston 

Warren ton 

Pullman Company 

Henderson Telephone Company 

Western Union Telegraph Company ___ 

Southern Express Company 

Atlantic Postal Telegraph Company 

Mercantile Trust and Deposit Co., Trustee (R. & G.) 

Seaboard Air Line 

Lenoir and Blowing Rock Telegraph Company- 
Norfolk and Southern 

Albemarle and Raleigh Branch 

Tyrrell Telephone Company 

Western Union Telegraph Company 

Southern Express Company 

Midland North Carolina 

Atlantic and North Carolina 

North Carolina 

Interstate Telephone and Telegraph Company- 
Wilmington and Weldon 

Pullman Company 

Western Union Telegraph Company 

Southern Express Company 

Northwestern North Carolina 

Wilkesboro Telephone Company 

Western Union Telegraph Company 

Southern Express Company 

Wilmington and Weldon (Fayetteville Branch). 

Wilmington and Weldon (mainline) 

Pullman Company 

Western Union Telegraph Company' 



73.62 
293.80 
27.52 
18.74 
23.50 
18.00 
18.50 
23-71 
3.00 
23.71 



78.00 

23.71 

189. 20 

23.71 

7.50 

2.00 

18.00 

3-87 

3.00 

11.20 

21.87 

8.76 

11.00 

10.47 

10.00 

29.76 

29.76 

355- 75 

58.99 

18. 11 



Valuation 
Per Mile. 



836. 05 

30.73 

1,233.60 

836. 76 

751-34 
2,862.38 
2,655.41 
26,884.22 
2,751.67 

117.97 



77.25 

36.05 

30.73 

836. 76 

15,685.19 



14,442.14 

5,712.93 

50.00 

77.25 

36.05 

3,192.55 

7, 729- 79 

20,786.73 

88.00 

27,433-6o 

117.97 

77.25 

36.05 

9,398.00 



17.75 


77.25 


18. II 


36.05 


11.46 


27,604.31 


19.81 


27,433.60 


31.27 


117.97 


285. 10 


77.25 



Total 

Assessed 

Value. 



$2,654.60 

9,029.33 

33,948.69 

15, 680. 82 

17, 656. 43 

51,522.75 

49, 125. 00 

637, 424. 87 

8,255.00 

2,797-21 



6, 025. 54 

854.94 

5,814.66 

19.839.50 

117,638.93 
50.00 

259,958.53 

22, 109. 05 

150. 00 

865. 21 

788.59 

27, 966. 81 

85,027.69 

217,637.10 

880.00 

816,424. 11 

3,510.96 

27,481.87 

2,127.08 

170,197.83 

1,000.00 

1,371.20 

653.02 

316,345.41 

543,459-73 

3,689.11 

22,024.12 



58 



N. C. CORPORATION COMMISSION. 



STATEMENT C— Continued. 



County. 


Name of Road or Other Company. 


Dis- 
tance 


Valuation 
Per Mile. 


Total 

Assessed 

Value. 






24.60 
31.27 
39-0° 


$1,233.60 
36.05 
75-97 


$30,316.58 
1,127.54 
2,962.79 








Wilson and Carolina Telegraph Company 



ASSESSMENT OF RAILROAD PROPERTY. 



59 



STATEMENT D.— The Following Table Shows List of Towns with Railroad Mileage and 
Apportionment to each Town. 



Town. 



Albemarle 



Ahoskie . 



Ashboro. 



Aberdeen. 



Asheville. 



Apex. 



Ayden. 



Battleboro. 



Benson 



Black Mountain- 



Black Creek. 



Burlington 



Biltmore- 



Boardman__ 
Bryson City. 



Name of Road or Other Company. 



Yadkin 

Western Union Telegraph Company 

Norfolk and Carolina 

Western Union Telegraph Company 

Wellington and Powellsville 

High Point, Randleman, Ashboro and Southern- 
Aberdeen and Ashboro 

Western Union Telegraph Company 

Aberdeen and Ashboro 

Raleigh and Augusta 

Moore County 

Aberdeen and Rock Fish 

Western Union Telegraph Company 

Mercantile Trust and Deposit Co. (R. & A ) 

Western North Carolina 

Western Union Telegraph Company 

Raleigh and Augusta Air-L,ine 

Cape Fear and Northern 

Western Union Telegraph Company 

Mercantile Trust and Deposit Co. (R. & A ) 

Wilmington and Weldon (Scotland Neck Branch) 

Western Union Telegraph Company 

Wilmington and Weldon 

Western Union Telegraph Company 

Wilmington and Weldon (Fayetteville Brsjch)„_ 

Western Union Telegraph Company 

Western North Carolina 

Western Union Telegraph Company 

Wilmington and Weldon 

Western Union Telegraph Company 

North Carolina 

Western Union Telegraph Company 

Southern Railway rolling-stock 

Western North Carolina 

Western Union Telegraph Company 

Wilmington, Chadbourn and Conway 

Western North Carolina 



Dis- 
tance. 



.46 
1.48 
1. 00 

.41 

.50 
1.07 

.50 
1. 00 

.45 ; 

.50 ! 
2.00 

t.oo ; 
1-54 J 

25-12 
1.04 J 

.40 
1.80 
1.04 
.36 

.30 : 

.50! 

6.36 

• 50 

2.50 

1. 00 



•51 

4-77 
2.00 
10.00 
2.00 
• 30 



Valuation 
Per Mile. 



#3,217.92 

77-25 

21,680.89 

77.25 

1,920.00 

4,881.44 

2, 660. 00 

77.25 

2,660.00 

15,256.45 

1,958.80 

1,851.30 

77.25 

75L34 

12,243.20 

77.25 

15,256.45 

2,862.38 

77.25 

75L34 

8,318.60 

77.25 

27,433.6o 

77.25 

27,604.31 

77.25 

12, 243.20 



27,433.6o 
77.25 

20, 786. 73 
77.25 

-1,233.60 

12,243.20 



Total 

Assessed 
Value. 



1.05 I 3, 495- 20 
1. 00 I 12,243.20 



$3,2i7.9 2 

61.80 

9,973-21 

"4.33 

1,920.00 

2,001.39 

i,330.oo 

82.66 

1,330.00 

15,256.45 

881.46 

925. 65 

154.50 

751-34 

18, 854. 54 

1,940.52 

15,866.71 

1, 144. 95 

139-05 

781.39 

2,994.70 

23.18 

13,716.80 

491-31 

13,802.15 

193- 13 
12,243.21 



I3,99i-i4 

368.48 

41,573.47 

772.50 

2,467.20 

3,672.97 



3, 669. 96 
[2,243.21 



60 



N. C. CORPORATION COMMISSION. 



STATEMENT D— Continued. 



Town. 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
Per Mile. 



Total 
Assessed 
Value. 



Bryson City __. 
Bessemer City 

Bethel 

Brevard 

Burgaw 

Charlotte 



Carthage 

Cameron 

Catawba — 
Cherryville- 
Cerro Gordo 

Candor 

Clayton 

Clinton 

Cary 



Western Union Telegraph Company 

Atlanta and Charlotte Air- Line 

Western Union Telegraph Company 

Albemarle and Raleigh 

Western Union Telegraph Company 

Transylvania 

Western Union Telegraph Company 

Wilmington and Weldon 

Western Union Telegraph Company 

Atlanta and Charlotte Air-L,ine 

Atlantic, Tennessee and Ohio 

Carolina Central 

Charlotte, Columbia and Augusta 

North Carolina 

Western Union Telegraph Company 

Southern Railway rolling-stock 

Carthage 

Western Union Telegraph Company 

Carthage- 

Raleigh and Augusta Air-L,ine 

Western Union Telegraph Company 

Mercantile Trust and Deposit Co (R. & A.) 

Western North Carolina 

Western Union Telegraph Company 

Carolina Central 

Western Union Telegraph Company 

Wilmington, Columbia and Augusta 

Western Union Telegraph Company 

Aberdeen and Ashboro 

Western Union Telegraph Company 

North Carolina 

Western Union Telegraph Company 

Southern Railway rolling-stock 

Wilmington and Weldon (Clinton Branch) 

Western Union Telegraph Company 

North Carolina 

Raleigh and Augusta Air-L,ine 

Mercantile Trust and Deposit Co. (R. <fe A.) 



.80 
2.96 



$77- 25 
22, 160.45 



5,712.93 

77.25 
2, 865. 00 



1. 00 
3.30 
1.85 
1-45 
1. 10 
.40 
1.29 
66.44 
1.29 



27,433.60 

77.25 

22, 160.45 

8,424.22 

10,640.87 

22,025.26 

20,786.73 

77.25 

1,233.60 



1.20 
1.86 
1.20 
1. 00 



15,256.45 

77-25 

75L34 

12,243.20 



1. 00 
1. 16 

.78 



10,640.87 

77-25 

11,694.66 



•50 



2 , 660. 00 



1.06 

7.9i 
1.06 

• 45 

• 33 
1. 00 
1. 10 
1. 10 



20,786.73 

77.25 

1,233.60 

4, 255. 62 

77.25 

20,786.73 

15,256.45 

75L34 



$61.80 
65,594.94 



1,542.49 

20.86 

343- 80 



27,433.6i 

254. 93 

40, 996. 84 

12, 215. 12 

11,704.96 

8,810.00 

26,814.89 

5,132.49 

1,591-34 



18,307.74 
143.69 
901.60 

12, 243.21 



10,640.87 

89.61 

9, 121.84 



1, 330. 00 



22,033.94 

611.05 

1,307-61 

1,915.03 

25.49 

20, 786. 73 

16, 782. 09 

826.57 



ASSESSMENT OF RAILROAD PROPERTY. 



HI 



STATEMENT D— Continued. 



Cary 

China Grove 

Concord 

Chadbourn 

Canton 

Cleveland 

Coneto__ 

Conoho 

Claremont 

Conover 

Clyde 

Davidson College 
Durham 



Dallas- 



Dillsboi o. 



Name of Road or Other Company. 



Western Union Telegraph Company 

Southern Railway rolling-stock 

North Carolina 

Western Union Telegraph Company 

Southern Railway rolling-stock 

North Carolina 

Western Union Telegraph Company 

Southern Railway rolling-stock 

Wilmington, Columbia and Augusta 

Wilmington, Chadbourn and Conway 

Western Union Telegraph Company 

Western North Carolina 

Western Union Telegraph Company 

Western North Carolina 

Western Union Telegraph Company 

Albemarle and Raleigh 

Western Union Telegraph Company 

Wilmington and Weldon (Scotland Neck). 

Western North Carolina 

Western Union Telegraph Company 

Western North Carolina 

Western Union Telegraph Company 

Carolina and Northwestern 

Western North Carolina 

Western Union Telegraph Company 

Atlantic, Tennessee and Ohio 

Western Union Telegraph Company 

Oxford and Clarksville 

Durham and Northern 

Norfolk and Western 

North Carolina 

Southern Railway rolling-stock 

Western Union Telegraph Company 

Atlantic Postal Telegraph Cable Company 

Carolina and Northwestern 

Western Union Telegraph Company 

Western North Carolina 

Western Union Telegraph Company 



Dis- 
tance. 



16.08 
1. 00 
1. 00 

28.84 
1. 00 
1.46 
6.51 
1.46 
1. 00 
1. 00 
9-03 
•50 
•57 
1.70 
5-32 

• 57 
.63 

1. 14 
1. 00 
4.00 
1.04 
5.00 
.99 
.40 

•73 
1.08 
1.83 

•30 
1.03 

.13 
1.20 
1.20 
5.38 
1.20 
1. 10 

• 76 
1. 10 

.67 



Valuation 
Per Mile. 



$77.25 

1,233.60 

20, 786. 73 

77.25 

1,233.60 

20, 786. 73 

77.25 

1,233.60 

11,694.66 

3,495-20 

77.25 

12,243.20 

77.25 

12,243.20 

77.25 

5,712.93 

77.25 

8,318.60 

12, 243. 20 

77.25 

12,243.20 

77-25 

3,241.05 

12,243.20 

77- 25 

8,424.22 

77.25 

5, 468. 78 

5,5i8 38 

6, 150.58 

20, 786. 73 

1 , 233. 60 

77.25 

30.73 

3,241.05 

77.25 

12, 243. 20 

77-25 



62 



N. C CORPORATION COMMISSION. 



STATEMENT D— Continued. 



Name of Road or Other CorupaLy. 



Ellenboro 



Earle's 



Elk Park. 



Elizabeth City. 

Edenton 

Elon College— 



Elkia 



Everitt 



Enfield. 



Elm City 

Forest City. 



Franklinton 



FourOaks. 



FairBlufT- 



Fayetteville. 



Wilmington and Weldon (Fayetteville Branch) . 

Western Union Telegraph Company 

Carolina Central 

Western Union Telegraph Company 

South Carolina and Georgia 

Western Union Telegraph Company 

East Tennessee and Western North Carolina 

Western Union Telegraph Company 

Norfolk and Southern 

Western Union Telegraph Company 

Norfolk and Southern 

Western Union Telegraph Company 

North Carolina 

Western Union Telegraph Company 

Southern Railway rolling-stock 

Northwestern North Carolina 

Western Union Telegraph Company 

Albemarle and Raleigh 

Western Union Telegraph Company 

Wilmington and Weldon 

Western Union Telegraph Company 

Wilmington and Weldon 

Western Union Telegraph Company 

South Carolina and Georgia 

Western Union Telegraph Company 

Louisburg 

Raleigh and Gaston 

Mercantile Trust and Deposit Co. (R. & G.) 

Western Union Telegraph Company. 

Atlantic Postal Telegraph Cable Company 

Wilmington and Weldon (Fayetteville Branch) 

Western Union Telegraph Company 

Wilmington, Columbia and Augusta 

Western Union Telegraph Company 

Atlantic and Yadkin 

Wilmington and Weldon (Fayetteville Branch) 

Western Union Telegraph Company 

Atlantic Postal Telegraph Cable Company 



Dis- 
tance. 



I. oo 
5.00 
1.30 
1 -51 
1. 00 
1. 00 
1. 00 
1.20 
.80 



,69 



.69 

1.62 

•93 

.83 

.80 

1. 00 

16.32 

.50 

17.22 

1.25 

.83 

.16 

.80 

.80 

2. 10 

6.00 

• 53 

2.85 

1. 00 

5.04 

2.85 

1.36 

18.64 

15.75 



Valuation 
Per Mile. 



$27, 604. 31 

77.25 

10, 640. 87 

77.25 

5,334-79 

77.25 

4, 497. 84 

77.25 

14,442.14 



14,442.14 



20, 786. 73 



1,233.60 
9, 398. 00 

77- 25 
5,712.93 

77.25 
27,433-60 

77-25 
27,433-6o 

77-25 
5, 334- 79 

77.25 

5,100.00 

26, 884. 22 

836.76 

77.25 

3o.73 
27. 604. 31 

77.25 
] 1, 694. 66 

77.25 
9,054.37 
27,604.31 

77.25 

30.73 



Total 
\ssesse< 
Value. 



$27,604.31 

386.25 

13,833.13 

116.65 

5,334-79 

77.25 

4,497-84 

92.70 

",553-71 



15, 886. 35 



14,342.85 



851.18 
15,224.77 

71.84 
4,74L73 

61.80 

27,433.6i 

1,260.72 

13,716.80 

1, 330. 25 

6,668.49 

64.12 

816.00 
21,507.38 

669.41 

162.23 

184.40 
14,630.28 

220. 1 6 
11,694.66 

389.34 

25, 804. 98 

37,541.86 

1,439-94 

484. 04 



ASSESSMENT OF RAILROAD PROPERTY. 



63 



STATEMENT D— Continued. 



Town. 



Fremont 



Name of Road or Other Company. 



Garys 



Grover 



Graham. 



Gastonia 



Germanton 



Gibson 



Gibsonville. 



Glen Alpine. 



Goldsboro. 



Greensboro 



Greenville. 



Grifton. 



Wilmington and Weldon 

Western Union Telegraph Company 

Wilmington and Weldon 

Western Union Telegraph Company 

Seaboard and Roanoke 

Western Union Telegraph Company 

Mercantile Trust and Deposit Co. (S & R.) 

Atlanta and Charlotte Air-L,ine 

Western Union Telegraph Company 

North Carolina ». 

Western Union Telegraph Company 

Southern Railway rolling-stock 

Atlanta and Charlotte Air-Line 

Carolina and Northwestern 

Western Union Telegraph Company 

Atlantic and Yadkin (Southern Railway) 

Western Union Telegraph Company 

Raleigh and Augusta 

Cheraw and Darlington 

Mercantile Trust and Deposit Company 

North Carolina 

Western Union Telegraph Company 

Southern Railway rolling-stock 

Western North Carolina 

Western Union Telegraph Company 

Wilmington and Weldon 

Atlantic and North Carolina 

North Carolina 

Western Union Telegraph Company 

Atlantic and Yadkin (Southern Railway) 

North Carolina 

Piedmont 

Western Union Telegraph Company 

Southern Railway rolling-stock . 

Wilmington and Weldon (Scotland Neck Branch) 

Western Union Telegraph Company 

Wilmington and Weldon (Scotland Neck Branch) 
Western Union Telegraph Company 



Dis- 
tance. 



Valuation 
Per Mile 



5 


67 




68 


6 


70 


1 


50 



Total 
Assessed 
Value. 



$27,433.60 823,318.57 
438.01 



27,433-6o 

77.25 

26,881.39 



1.50 

• 50 
S.16 

• 47 



11.44 
-5° 



833. 29 

22, 160.45 

77.25 

20,786.73 



1,233.60 



• 3i 

• 42 

• 3i 
.63 



3,241.05 

77-25 
8,969.82 



.63 



1.90 

2.67 

.70 

17.15 
2.85 
2. ii 
1.80 

08.52 

2. 11 

• 74 

1. 00 

•59 
1.46 



, 233. 60 



27,433.60 

7,729-79 

20,786.73 

77-25 

8, 969. 82 

20, 786. 73 

28, 454. 25 

77.25 

1,233.60 

8,318.60 

77.25 

8,318.60 

77.25 



18,654.86 

517.58 

40, 322. 08 



1,249.82 

11,080, 23 

630. 36 

9, 769. 77 



579- 79 



5,347 73 

883. 74 
4,484.91 



[5,256.45 4,729.50 

4,425.97 i 1,858.91 

751.34 232.91 

20,786.73 j 13,095.64 



777. 16 



12,243.20 I 12,243.21 



52,123.85 

20, 638. 54 

14,550.71 

1,324.84 

25,563.98 

43,860.01 

51.217.65 

8,383.17 

2,602.89 

6, 155. 77 

77-25 

4,907.98 

112.79 



64 



N. C. CORPORATION COMMISSION. 



STATEMENT D— Continued. 



Town. 



Goose Nest. 



Hendersonville 



Hobgood 



Henderson 



Hope Mills___ 

Holly Springs 
Hickory 

High Point___ 
Hamlet 

Hoffman 

Hillsboro 

Huntersville .. 



Name of Road or Other Company. 



Wilmington and Weldon (Scotland Neck branch) 

Western Union Telegraph Company 

Transylvania 

Ashevllle and Spartanburg 

Western Union Telegraph Company 

Norfolk and Carolina 

Wilmington and Weldon (Scotland Neck Branch). 

Western Union Telegraph Company 

Durham and Northern 

Oxford and Henderson—- 

Raleigh and Gaston 

Mercantile Trust and Deposit Co. (R. & G ) 

Western Union Telegraph Company 

Atlantic Postal Telegraph Cable Company 

Wilmington and Weldon (Fayetteville Branch)—. 

Atlantic and Yadkin 

Western Union Telegraph Company 

Cape Fear and Northern 

Carolina and Northwestern 

Western North Carolina 

Western Union Telegraph Company 

North Carolina 

High Point, Randleman, Ashboro and Southern-. 

Western Union Telegraph Company 

Southern Railway rolling-stock 

Palmetto 

Raleigh and Augusta 

Carolina Central ' 

Western Union Telegraph Company 

Mercantile Trust and Deposit Co (R. & a.) 

Raleigh and Augusta 

Western Union Telegraph Company 

Mercantile Trust and Deposit Co. (R & A ) 

North Carolina 

Western Union Telegraph Company 

Southern Railway rolling stock 

Atlantic, Tennessee and Ohio 

Western Union Telegraph Company 



Dis- 
tance. 



1.50 
1. 41 
1.67 

• 71 

• 23 
5.00 

.65 
■36 
1.40 
1.40 
6.06 
10.00 
1.50 
1.50 
8.12 
1. 00 

• 45 
2.00 

10.85 

2.44 

1.38 

33-50 

2.44 

.24 

•99 

i-5i 



Valuation 
Per Mile. 



•99 
1.08 



1.08 
.13 
.85 
.13 

1. 00 
.90 



$2,865.00 

8,829.79 

77.25 

21,680.89 

8, 318. 60 

77-25 

5,518.38 

5.454-79 

26, 884. 22 

836. 76 

77.25 

30.73 

27,604.31 

9,054-37 

77.25 

2, 862. 38 

3,241.05 

12, 243. 20 

77.25 

20, 786. 73 

4,881.44 

77.25 

1,233.60 

2,419.48 

15,256.45 

10,640.87 



Tot2l 

Assessed 

Value. 



75L34 
15,256.45 



751.34 

20, 786. 73 

* 77.25 

1,233.60 

8,424.22 

77-25 



$4, 297. 50 

12,450.01 

129.01 

15,393.43 

1,913-28 

386. 25 

3,586.95. 

1,963.73 

37,637.91 

1,171.46 

468.14 

307. 33 

41,406.45 

I3,58i.57 

627. 27 

2,862.38 

1,458.47 

24,486.41 

838.16 

50, 719- 63 

6. 736. 39 

2,587-87 

3,009.98 

580. 68 

15,103.88 

16,067.71 



743.82- 
16, 476. 96 



81 1. 44 
2,702.28 
65.66 
160.36- 
8, 424. 22 
69.52 



ASSESSMENT OF RAILROAD PROPERTY. 



65 



STATEMENT D— Continued. 



Town. 



Hot Springs- 
Jacksonville 
Janiesville __ 



Name of Road or Other Company. 



Jerome-- 
Jonesbon 



Kings Mountain— 



Kernersville 



Kinston. 



Keyser 



Kelford 



Kittrell. 



Kenly — 
Littleton 



Lowell 



LaGrange. 



Lumberton. 



Dis- 
tance. 



Laurinburg. 



Western North Carolina 

Western Union Telegraph Company 

Wilmington, New Bern and Norfolk 

Western Union Telegraph Company 

Albemarle and Raleigh 

Western Union Telegraph Company 

Wilmington and Weldon (Wil. & Fay ) 

Atlantic and Yadkin . 

Western Union Telegraph Company 

Atlanta and Charlotte Air-Line 

Western Union Telegraph Company 

Northwestern North Carolina 

Western Union Telegraph Company 

Atlantic and North Carolina 

Wilmington and Weldon (Scotland Neck Branch! 

Western Union Telegraph Company 

Raleigh and Augusta Air-Line 

Western Union Telegraph Company 

Mercantile Trust and Dep. Co. (R. & A ) 

Roanoke and Tar River 

Norfolk and Carolina 

Western Union Telegraph Company 

Raleigh and Gaston 

Western Union Telegraph Company 

Mercantile Trust and Dep. Co. (R. & G.) 

Wilmington and Weldon (Wil. and Fay. Branch). 

Western Union Telegraph Company 

Raleigh and Gaston 

Mercantile Trust and Dep Co (R. & G.) 

Western Union Telegraph Company 

Atlantic Postal Telegraph Company 

Atlanta and Charlotte Air-Line 

Western Union Telegraph Company 

Atlantic and North Carolina ' 

Western Union Telegraph Company 

Carolina Central 

Western Union Telegraph Company 

Carolina Central 



3.20 
.64 
.71 

• 57 
1.29 

.50 
1. 00 
2.94 

1-53 

21.22 

1.29 

4-52 

•9i 

.36 

5.83 

1. 00 

2.06 

1. 00 

• 57 
.56 

3.50 

.30 

1.29 

.30 

•50 

3.42 

1.40 

1.40 

3.51 

12.00 

.96 

15.00 

1.24 

1.46 

•30 

•99 

1.20 



Valuation 
Per Mile. 



$12,243.20 

77.25 

15,678 57 

77.25 

5,712.93 

77.25 

27,604.31 

9, 054. 37 

77.25 

22,160.45 

77.25 

9,398.00 

77-25 

7,729.79 

8,318.60 

77.25 

15,256.45 

77.25 

75L34 

8,423.38 

21,680.89 

77.25 

26, 884. 22 

77.25 

836. 76 

27,604.31 

77.25 

26, 884. 22 

836. 76 

77.25 

30.73 

22, 160. 45 

77.25 

7, 729. 79 

77-25 

10,640.87 

77.25 

10,640.87 



Total 

Assessed 

Value. 



$13,222.66 

247. 20 

3,634.29 

54.84 

3, 256. 37 

99.65 

13,802.15 

9,054.38 

227. 11 

33,905-49 
1,639.24 

12,123.42 

349- 17 

7,034.11 

2, 994. 70 

450.37 

15, 256. 45 

159. 13 

751-34 

4,801.33 

12,141.30 

270. 38 

8, 065. 26 

99-65 

251.03 

13,802.15 

264. 19 

37,637.91 

1,171.46 

271.15 

368. 79 

22,174.03 

i,i58.75 

9,584.94 

112. •;& 

3, 192. 26 

76.48 

12,769.04 



66 



N. C. CORPORATION COMMISSION. 



STATEMENT D— Continued. 



Town. 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
Per Mile. 



Total 

Assessed 

Value. 



Laurinburg 
Lilesville— 



Liberty 



Jvincolnton 



Lenoir- 



Lexington 



Louisburg. 



Lucarm 



Morehead City_. 



Morrisville. 



Maxtou 



Margarettsville 



Mebane _. 



Madison 



Mount Airy. 



Mooresville 



Western Union Telegraph Company 

Carolina Central 

Western Union Telegraph Company 

Atlantic and Yadkin (Southern Railway) 

Western Union Telegraph Company 

Carolina Central 

Carolina and Northwestern 

Western Union Telegraph Company 

Carolina and Northwestern 

Western Union Telegraph Company 

North Carolina 

Western Union Telegraph Company 

Southern Railway rolling-stock 

Louisburg 

Western Union Telegraph Company 

Wilmington and Weldon (Fayetteville Branch) 

Western Union Telegraph Company 

Atlantic and North Carolina 

Western Union Telegraph Company 

North Carolina 

Western Union Telegraph Company 

Southern Railway rolling-stock 

Atlantic and Yadkin 

Carolina Central 

Western Union Telegraph Company 

Seaboard and Roanoke 

Western Union Telegraph Company 

Mercantile Trust and Deposit Co (S. <fe R.) 

North Carolina 

Western Union Telegraph Company 

Southern Railway rolling-stock 

Atlantic and Yadkin (Southern Railway) 

Norfolk and Western 

Western Union Telegraph Company 

Atlantic and Yadkin (Southern Railway) 

Western Union Telegraph Company 

Alantic, Tennessee and Ohio 

Western Union Telegraph Company 



6.00 
I. oo 
5.00 
1-43 
2-34 
.90 
1.02 
1.83 
.86 
• 57 
•50 
15.76 
•5" 
.48 



$77-25 

10, 640. 87 

77.25 

8, 969. 82 

77.25 

10,640.87 

3,241.05 

77.25 

3,241.05 

77.25 

20, 287. 73 

77.25 

1,233.60 

5, 100. 00 



• 53 
4.38 
3-25 
2.13 

.60 
2.80 

.60 
1.20 

.50 
6.34 
1. 00 



27,604.31 

77-25 

7, 729. 79 

77- 25 

20,786.73 

77.25 

1,233.60 

9, 054- 37 

10,640.87 

77.25 

26,881.39 



1. 00 
1. 00 
2.92 
1. 00 

.56 
1.69 
3.H 
2.01 

.17 
2.00 
1.70 



833. 29 
20, 786. 73 

77.25 
1,233.60 
8, 969. 82 
9,014. 18 

77.25 
8, 969. 82 

77.25 
8,424.22 

77.25 



$463. 5o 

10, 640. 87 

386. 25 

12,826.84 

180. 77 

9,576.78 

3,305.86 

141.37 

3,208.63 

44.03 

10,393-37 

1,217.46 

616.80 

2, 448. 00 



14, 630. 28 
338.36 

25,121.82 
164.54 

12,472.04 

216.30 

740.17 

9,235-46 

5,320.43 

489. 76 

26,881.39 



833. 29 

20,786.73 

225.57 

1,233.60 

5,023.10 

15,233-96 

242.56 

18,029.34 

13.13 

16,848.44 

131.33 



ASSESSMENT OF RAILROAD PROPERTY. 



67 



STATEMENT D— Continued. 



Town. 



Marshville 



Monroe 



Moncure 



Name of Road or Other Company. 



Carolina Central 

Western Union Telegraph Company- 
Carolina Central 

Georgia, Carolina and Northern 

Western Union Telegraph Company- 
Western Union Telegraph Company- 
Matthews j Carolina Central 

i Western Union Telegraph Company- 
Milton | Western Union Telegraph Company- 



Dis- 
tance. 



Mount Holly | Carolina Central 

[ Western Union Telegraph Company. 
MeFarland 



Cheraw and Darlington 

• Western Union Telegraph Company 

Marion 5 j South Carolina and Georgia 

i 
Western North Carolina 

Western Union Telegraph Company 

Mocksville North Carolina Midland 

I Western Union Telegraph Company 

Montezuma ; Linville River 

Morven Cheraw and Darlington 

Western Union Telegraph Company 

Mooresboro j South Carolina and Georgia 

! Western Union Telegraph Company 

Murfreesboro Western Union Telegraph Company 

Murphy j Western North Carolina 

Atlanta, Knoxville and Northern 

I Western Union Telegraph Company 

Maiden Carolina and Northwestern 

Western Union Telegraph Company 

Manly 1 Raleigh and Augusta Air-Line 

' Western Union Telegraph Company 

j Mercantile Trust and Deposit Co. (R. & A.)- 

Macon Raleigh and Gaston 

j Western Union Telegraph Company 

| Mercantile Trust and Deposit Co. (R. & G.)_ 

Western North Carolina 

Western Union Telegraph Company _. 



.70 

.78 

5.8o 

1. 00 

.90 

6.00 

.26 

1.30 

1. 00 

1. 00 

1.92 

• 63 

1.28 

4.40 

.90 

.50 

•50 

1. 00 



Valuation 
Per Mile. 



$10,640.87 



Morganton 

Marshall I Western North Carolina 



1. 14 
•52 
.60 
.83 
1.16 
1. 00 
1. 00 
2.00 
1. 00 
1. 00 
2.61 
1. 00 
i-59 
5-72 
1.03 



10,640.87 
10,342.05 

77.25 

77.25 
10,649.87 

77.25 

77-25 
10, 640. 87 

77.25 
4,425.97 

77.25 
5, 334- 79 
12,243.20 

77.25 
2, 718. 29 

77-25 
1,011.25 
4,425.97 



5,334-79 



77.25 

12,243.20 

3,660.31 

77.25 

3,241.05 

77.25 

15,256.45 

77.25 

75L34 

26,884.22 

77.25 

836.76 

12,243.20 

77.25 

12, 243. 20 



Total 

Assessed 

Value. 



$10,640.87 



7,448.61 

8, 066. 80 

448. 05 

77.25 

9, 576. 78 

463. 50 

20.09 

13,833.13 

77.25 

4,425.98 

148.32 

3,360.92 

15,671.31 

339-90 

2,446.47 

38.62 

5°5- 62 

4,425.98 



5, 534- 79 



88.06 

6, 366. 47 

2, 196. 18 

64. 12 

3,759-61 

77. 25 

15,256.45 

154.50 

75L34 

26, F84. 22 

201.62 

836. 76 

19, 466. 70 

441.87 

12,610.51 



68 



N. C. CORPORATION COMMISSION 



STATEMENT D— Continued. 



Town. 



Marshill 

Magnolia 

Mount Olive 

New Be^n 

Newport 

Nashville 

Newton 

New London 

Norwo. d 

North Wilke-boro. 
Oxford 



Old For 



Panteg' 



Parme'e- 



Polktoi 



Pembroke 



Pine L,evtl 



Plymouth 



Name of Road or Other Company. 



Western Union Telegraph Company 

Wilmington and Weldon 

Western Union Telegraph Company 

Wilmington and Weldon 

Western Union Telegraph Company 

Atlantic and North Carolina 

Wilmington, New Bern and Norfolk 

Western Union Telegraph Company 

Atlantic and North Carolina 

Western Union Telegraph Company 

Wilmington and Weldon (Nashville Branch) 

Western Union Telegraph Company 

Carolina and Northwestern 

Western North Carolina 

Western Union Telegraph Company 

Yadkin 

Western Union Telegraph Company 

Yadkin 

Western Union Telegraph Company 

Northwestern North Carolina 

Western Union Telegraph Company 

Oxford and Clarksville 

Western Union Telegraph Company 

Western North Carolina 

Western Union Telegraph Company 

Albemarle and Pantego (Norfolk and Southern).. 

Western Union Telegraph Company 

Albemarle and Raleigh 

Wilmington and Weldon (Washington Branc )__. 
Wilmington and Weldon (Scotland Neck Branch) 

Western Union Telegraph Company 

Carolina Central 

Western Union Telegraph Company 

Wilmington and Weldon (W. & F. Branch) 

Western Union Telegraph Company 

North Carolina 

Western Union Telegraph Company 

Albemarle and Raleigh 



Dis- 
tance. 



4.28 

1. 00 

10.00 

.67 
5.30 
3-79 
1.20 
8.86 
1.06 
1.40 

.67 

.67 
1.89 

.41 
5.72 
1.65 

.67 

• 35 
. 10 

1.49 

1. 00 

.70 

3.96 

• 75 
2.80 

• 50 



Valuation 
Per Mile. 



Total 

Assessed 

Value 



1. 00 
• 34 
1. 00 
2.15 
r.oo 
5.00 
1. 00 



$77- 25 

27,473.60 

77-25 

27,433.6o 

77.25 
7,729.79 

5,678.57 

77.25 
7, 729- 79 

77.25 
4,289.94 

77.25 
3,241.05 
12,243.20 

77.25 
3,217.92 

77.25 
3,217.92 

77- 25 
9,398.00 

77.25 
5,468.78 

77-25 
12,243.20 

77.25 
14,442.14 



1. 00 
3.60 

•13 



5,712.93 
6,189.61 
8,318.70 

77.25 
10,640.87 

77.25 
27,604.31 



20, 786. 73 

77.25 

5,712.93 



$330. 63 

27,433.6i 

772. 50 

18,380.52 

409.43 

29, 295. 90 

6,814.29 

684. 44 

8. 193. 58 
100.81 

2, 874. 26 

5I-76 

6,125.58 

5,019.72 

441.87 

5. 309. 59 
51.76 

1,126.27 

7-73 

14,003.0? 

77.25 

3,828.15 

305-9I 
9, 182.41 

216.30 
7,221.07 



5,712-93 

2,104.57 
8,318.61 
1 66. 09 
10,640.87 
336. 25 
27,604.31 



20,786.73 
278. 10 
742. 68 



ASSESSMENT OF RAILROAD PROPERTY. 



69 



STATEMENT D— Continued. 



Plymouth 

Pilot Mountain 

Pineville 

Pittsboro 

Pollocksville __ 

Princeton 

Princeville 

Pikeville 

Rowland 

Red Springs— 

Roseboro 

Rockingham— 

Ramseur 

Robersonville _ 
Randleman ___ 
Raleigh 



Name of Road or Other Company. 



Western Union Telegraph Company 

Atlantic and Yadkin (Southern Railway) 

Western Union Telegraph Company 

Charlotte, Columbia and Augusta 

Western Union Telegraph Company 

Pittsboro 

Western Union Telegraph Company 

Wilmington, New Bern and Norfolk 

Western Union Telegraph Company 

North Carolina 

Western Union Telegraph Company 

Albemarle and Raleigh 

Western Union Telegraph Company 

Wilmington and Weldon 

Western Union Telegraph Company 

Wilmington and Weldon (Fayetteville Branch) _. 

Western Union Telegraph Company 

Bowmore and Red Springs 

Atlantic and Yadkiu 

Western Union Telegraph Company 

Atlantic and Yadkin 

Western Union Telegraph Company 

Carolina Central 

Western Union Telegraph Company 

Atlantic and Yadkin 

Western Union Telegraph Company 

Albemarle and Raleigh 

Western Union Telegraph Company 

High Point, Randleman, Asheboroand Southern. 

Western Union Telegraph Company 

North Carolina 

Mercantile Trust and Deposit Co. (R. & A.) 

Raleigh and Augusta Air-I,ine 

Mercantile Trust and Deposit Co. (R. & G.) 

Raleigh and Gaston 

Southern Railway rolling-stock 

Southern Railway depot 

Western Union Telegraph Company 



Dis- 
tance. 



i. 48 
.90 

1. 00 

19-33 

-33 



45 



.65 

7-47 

1. 00 

3.28 

.20 

1. 00 

3.00 

.50 

•74 

•50 

3-15 



.70 
.86 
.60 
• 77 
.40 

1. 00 
.20 
.20 
.90 
.90 

1. 00 



Valuation 
Per Mile. 



«77-25 

8,969.82 

77.25 

22,025.26 

77.25 

2,128.57 



5,678.57 

77.25 

20, 786. 73 



5,712.93 



27,433.60 

77. 25 

27,604.31 

77.25 

980. 95 

9,054.37 

77-25 

9,o54.37 

77.25 

10,640.87 

77-25 



77.25 

5,712.93 

77.25 

4,881.44 

77.25 

20, 786. 73 

751-34 

15,256.45. 

S36. 76 

26,884.22 

1,233.60 



32.32 1 



77.25 



Total 

Assessed 

Value. 



$62.57 

13,275.33 

69.52 

22, 025. 26 

1,493-24 

702.43 



2,782.50 

38.63 

8,314.70 



2,570.82 



17,831.85 

577.06 

27,604.31 

253.38 

196. 19 

9,054.38 

231- 75 

4,527.19 

57-17 

5,320.43 

243- 34 



54.07 

4,913-12 

46.35 

3,758.71 

30.90 

20,786.73 

150. 27 

3,051.29 

753.o8 

24, 195. 80 

1, 233. 60 

10,000.00 

2, 496. 7 2 



70 



N. C. CORPORATION COMMISSION. 



STATEMENT D— Continued. 



Town. 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
Per Mile. 



Total 

Assessed 

Value. 



Raleigh 

Rennert 

Ruffin 

Roxboro 

Reidsville 

Rocky Mount 

Saluda 

Sanford 

Statesville 

Stanley Creek 
Shelby 

Salem 

Selma ___ 

Salisbury— 



Atlantic Postal Telegraph Cable Company 

Wilmington and Weldon (F.) 

Western Union Telegraph Company 

Piedmont 

Western Union Telegraph Company 

Norfolk and Western 

Western Union Telegraph Company 

Piedmont 

Western Union Telegraph Company 

Wilmington and Weldon 

Wilmington and Weldon (Nashville Branch) 

Western Union Telegraph Company 

Asheville and Spartanburg 

Western Union Telegraph Company___ 

Atlantic and Yadkin (A. C. L,.) 

Atlantic and Yadkin (Southern Railway) 

Raleigh and Augusta Air-I,ine 

Western Union Telegraph Company 

Mercantile Trust and Deposit Co. (R. & A.) 

Atlantic, Tennessee and Ohio 

Western North Carolina 

Statesville and Western 

Western Union Telegraph Company 

Carolina Central 

Western Union Telegraph Company 

Carolina Central 

South Carolina and Georgia 

Western Union Telegraph Company 

Northwestern North Carolina 

Norfolk and Western 

Western Union Telegraph Company 

North Carolina - 

Wilmington and Weldon (Fayetteville Branch) 

Southern Railway rolling-stock 

Western Union Telegraph Company 

North Carolina 

Yadkin 

Western North Carolina 



23.62 



$73. 03 
27,604.31 



28,454.25 



1. 00 

1. 14 

33-34 

i- 13 

.23 

32.62 

1. 00 

2.00 

.60 

.56 
1. 00 
9-32 
1. 00 

.26 

• 74 
.67 

8.62 
.50 
.83 
1. 10 
1.36 
5.27 

• 37 



tl. 42 

1-30 

•52 

1.27 



6,150.58 

77.25 

28, 454. 25 

77.25 

27,433.60 

4,289.94 

77-25 

8, 829. 79 

77.25 

9, 054. 37 

8, 969. 82 

15,256.45 

77-25 

75L34 

8,424.22 

12, 243. 20 

3,312.86 

77.25 

10,640.87 

77.25 

10,640.87 

5,334-79 

77.25 

9,398.00 



77.25 
20, 786. 73 
27,604.31 
1,233.60 
77.25 
20,786.73 
3,217.92 
12,243.20 



$725.91 
55,208.62 



28,454.2= 



6,027.57 

77.25 

32, 437- 85 

2,575-52 

30,999.98 

986.69 

2,519.89 

8,829.79 

i54.5o 
5,432.63 
5,023.10 
15,256.45 

719-97 

751-34 
2, 190. 30 
9,059.98 
2,219.62 

665. 90 

5,320.43 

64. 12 

11, 704.96 

7,255.32 

407.11 
3,477.26 



132. 10 

20,786.73 

25,395.95 

1 , 233. 60 

882.20 

27, 022. 75 

1,673.32 

15,548.88 



ASSESSMENT OF RAILROAD PROPERTY. 



71 



STATEMENT D— Continued. 



Town. 



Salisbury 

Southern Pines. 



Siler City_ 



Smithfield 
Stoneville _ 



Sylva 

Springhope 

Scotland Neck. 



Star 

Seaboard. 



Tryon City 



Trinity. 



Tarboro 



Thomasville 

Taylorsville - 
Troy 



Name of Road or Other Company. 



Victoria 



Southern Railway rolling-stock 

Western Union Telegraph Company 

Raleigh and Augusta Air-L,ine 

Western Union Telegraph Company 

Mercantile Trust and Deposit Co. (R. & A ) 

Atlantic and Yadkin (Southern Railway) 

Western Union Telegraph Company 

Western Union Telegraph Company 

Norfolk and Western 

Western Union Telegraph Company 

Western North Carolina 

Western Union Telegraph Company 

Wilmington and Weldon (Nashville Branch) 

Western Union Telegraph Company 

Wilmington and Weldon (Scotland Neck Branch)- 

Western Union Telegraph Company 

Aberdeen and Ashboro 

Seaboard and Roanoke 

Western Union Telegraph Company 

Mercantile Trust and Deposit Co. (S. & R ) 

Asheville and Spartanburg 

Western Union Telegraph Company 

High Point, Randleman, Ashboro and Southern.. 

Western Union Telegraph Company 

Albemarle and Raleigh 

Norfolk and Carolina 

Wilmington and Weldon (Tarboro Branch) 

Western Union Telegraph Company 

East Carolina 

North Carolina 

Southern Railway rolling-stock 

Western Union Telegraph Company 

Statesville and Western 

Western Union Telegraph Company 

Aberdeen and Ashboro 

Western Union Telegraph Company 

Asheville and Spartanburg 

Western North Carolina 



Dis- 
tance. 



1.30 

46.67 

1.46 

2-34 

1.46 

1.06 

2.00 

.90 

1.03 

1.74 

1. 00 

.67 

.67 

.60 

1. 00 

1. 00 

1. 00 

1. 00 

3.00 



•25 

14.37 



28.97 
.42 
• 37 
.25 



Valuation 
Per Mile. 



$1,233.60 

77.25 

15,256.45 

77.25 

751-34 

8, 969. 82 

77.25 

77.25 

9,014. 18 

• 77- 5 

12, 243. 20 

77.25 

4,289.94 

77.25 

8,318.60 

77.25 

2, 66b. 00 

26, 881. 39 

77.25 

833. 29 

8, 829. 79 

77.25 

4,881.44 

77.25 

5,712.93 

21, 680. 89 

21,543.46 

77.25 

1,551-52 

20, 786. 73 

1,233.60 

77.25 

3,312.86 

77-25 

2, 660. OO 



.14 

,50 i 



8,829.79 
12,243.20 



Total 

Assessed 

Value. 



$1,603.68 

3,597-53 

22,274.41 

180.76 

1,096.95 

9,508.01 

154.50 

69.53 

9,284.60 

• I34.4I 

12,243.21 

51.76 

2, 874. 26 

46.35 

8,318.61 

77.25 

2, 660. 00 

26,881.39 

23L75 

833- 29 

8, 829. 79 

139- 05 

3, 709- 90 

61.80 
6,855.52 

4, 769. 80 
5,385.87 
1, 110.08 

155-15 

20, 786. 73 

1,233.60 

2,237.93 

r,39i-4i 

28.58 

665. 00 



1,236.17 
18,364.81 



72 



N. C. CORPORATION COMMISSION 



STATEMENT D— Continued 



Town. 



Name of Road or Other Company. 



Dis- 
tance. 



Valuation 
Per Mile. 



Total 

Assessed 

Value. 



Vaughan 



Weldon. 



Wilmington. 



Wallace. 



Warsaw 



Wilson 



Whitaker 



Windfall 



Williamston 



Windsor. 



Wake Forest. 



Winston. 



Raleigh and Gaston 

Western Union Telegraph Company 

Mercantile Trust and Deposit Co. (R. & G.)___ 
Seaboard and Roanoke 

, Wilmington and Weldon 

I Raleigh and Gaston , 

Western Union Telegraph Company 

Mercantile Trust and Deposit Co. (S. & R.) 

Mercantile Trust and Deposit Co. (R. & G.) 

Atlantic and Yadkin 

Carolina Central . 

Wilmington, New Bern and Norfolk 

Wilmington and Weldon 

Wilmington Dummy Line 

Western Union Telegraph Company 

Atlantic Postal Telegraph Company 

Wilmington and Brunswick County Junction. 

Wilmington and Weldon 

Western Union Telegraph Company 

Wilmington and Weldon 

Wilmington and Weldon (Clinton Branch) 

Western Union Telegraph Company 

Wilmington and Weldon 

Western Union Telegraph Company 

Wilmington and Weldon 

Western Union Telegraph Company 

Norfolk and Southern 

Western Union Telegraph Company 

Albemarle and Raleigh _. 

Western Union Telegraph Company 

Wellington and Powellsville 

Western Union Telegraph Company 

. Raleigh and Gaston 

Western Union Telegraph Company 

: Mercahtile Trust and Deposit Co. (R. & G.)_- . 
North Carolina Midland 

I Northwestern North Carolina 

Norfolk and Western 



.85 

2.61 

• 85 

•32 

1.20 

.40 

21.38 

.32 

.40 



1-57 

1-25 

48.08 



1. 20 

•50 
6.70 
1. 00 

.46 
14.20 

.81 

16.98 

1. 00 

15.86 

.50 

• 50 

• 30 
.92 

1.50 



$26, 884. 22 

77.25 

836. 76 

26,881.39 

27,433-6o 

26, 884. 22 

77-25 

883. 29 

836.76 



$22,851.58 

201.62 

711.24 

8, 602. 04 

32,920.33 

10,753.69 

1,651.60 

266.65 

334- 70 



10,640.87 
5,678.57 

27,433-6o 
5 , 800. 00 

77.25 



5, 000. 00 
27,433.6o 

77-25 
27,433.6o 
4,255-62 

77.25 
27,433. to 

77.25 
27,433.6o 

77-25 
14,442.14 

77.25 
5,712.93 

77-25 

19.20 



1. 00 
3-30 
1. 00 
• 94 
1.29 
1. 17 



26, 884. 22 

77-25 

836. 76 

2, 718. 29 

9, 398. 00 

9,014. 18 



10,640.87 
2, 385. 00 

43,070.76 
7,250.00 

3,7i4.i8 

150.00 

6, 000. 00 

13,716.81 

517.58 

27,433.6i 

1,957.58 

1,096.95 

22,221.22 

1,311.70 

27,433-61 

1,225.19 

7,221.07 

38.63 

1,713.88 

71.07 

2,880.00 



26,884.22 

261.88 

836. 76 

2,555-2o 

12,123.42 

10.546.58 



ASSESSMENT OF RAILROAD PROPERTY. 



73 



STATEMENT D— Continued. 



Town. 



Winston 

Waco 

Waxhaw 

Whiteville— 

Waynesville 

Washington 

Youngsville . 

"Warrenton_. 



Name of Road or Other Company. 



Western Union Telegraph Company 

Carolina Central 

Western Union Telegraph Company 

Georgia, Carolina and Northern 

Western Union Telegraph Company 

Wilmington. Columbia and Augusta 

Western Union Telegraph Company 

Western North Carolina 

Western Union Telegraph Company 

Wilmington and Weldon (Washington Branch). 

Western Union Telegraph Company 

Raleigh and Gaston 

Western Union Telegraph Company 

Mercantile Trust and Deposit Company 

Atlantic Postal Telegraph Cable Company 

Western Union Telegraph Company 



Dis- 
tance. 



• 3i 
.87 

1.06 

6.60 

i-34 

•93 

• 97 
2.00 

• 50 



•50 
6.40 
1.74 



Valuation 
Per Mile. 



$77-25 
10, 640. 87 



10,342.05 

77.25 
11,694.66 

77-25 
12,243.20 

77.25 
6,189.91 

77.25 
26,884.22 



86.76 
30.73 
77-25 i 



Total 

Assessed 

Value. 



$689. 84 
to, 640. .87 



3, 206. 03 

67.21 

12,396.34 

509- 85 

16,405.90 

71.84 

6,004.22 

154- 50 
13,442.11 



41S.38 
196. 69 
I34.4I 



74 



N. C. CORPORATION COMMISSION. 



Southern Express Compaoy. 



STATEMENT E.— 1900. 



Total valuation ^ . $117,370.09 

Total mileage 3,255.00 

Valuation per mile ___! 36.0583 

Apportioned to various Counties as follows. 



Alamance- 
Alexander __ 

Anson 

Beaufort 

Bertie 

Bladen 

Brunswick-. 
Buncombe __ 

Burke 

Cabarrus 

Caldwell 

Camden 

Carteret 

Caswell 

Catawba 

Chatham 

Cherokee — 

Chowan 

Cleveland ___ 
Columbus — 

Craven 

Cumberland 
Currituck — 
Davidson — 

Davie 

Duplin 

Durham 

Kdgecombe- 

Forsyth 

Franklin 



County. 



17.05 
9.16 
41.40 
18.42 
40.69 
32.80 
25.08 
57.82 
31.88 
18.31 
11. 81 
5.00 
16.00 

22.45 
34.8o 
62. 10 
37.05 
4.20 
52.07 
84.23 
57.98 
71.02 
14.30 
24.80 
12.38 
36.96 
57-95 
43.83 
76.17 
22.91 



Valuation 
Per Mile. 



$36. 0583 

.do 

. do 

. do 

do 

.do 

do 

do 

do 

do 

do 

. do 

. do 

do 

. do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 



Valuation. 



$614. 79. 

330.28 
1,492.80 

664 . 19 
1,467.20 
1,182.70 

904.34 

2,084.89. 

I.I49-54 
660.22 

425.85- 

180.29. 

576.92 

809.50 

1,254.83 

2, 239. 22 

1,335-95 

151.45 

i,877.55 

3,037.19 

2, 090. 65 

2, 560. 85. 

515.64 

894. 24 

446.40 

1,332.72- 

2,089.58 

1,580.43 

2,746.57 

826. 10- 



ASSESSMENT OF EXPRESS COMPANIES. 



75 



SOUTHERN EXPRESS COMPANY— Continued. 



County. 



Miles. 



Valuation 
Per Mile. 



Valuation. 



Gaston 

Gates 

Granville 

Guilford 

Halifax 

Harnett 

Haywood 

Henderson 

Hertford 

Iredell 

Jackson 

Johnston 

Jones 

Lenoir 

Lincoln 

Macon 

Madison 

Martin 

McDowell 

Mecklenburg . 
Montgomery. 

Moore 

Nash 

New Hanover. 
Northampton. 

Onslow 

Oiange 

Pasquotank- 
Pender 

Perquimans. __ 

Person 

Pitt 

Polk 

Randolph 

Richmond 

Robeson 

Rockingham- 
Rowan 

Rutherford 



59.76 
14.81 
68.37 
104. 29 
81.35 
20.02 
21.57 
21.56 
14.00 
52.91 
22.89 I 
69.86 
16.26 
28.07 
29.86 
2.57 
28.30 
51.38 
45-54 
82.10 
24.25 
84.37 
30.38 
33.69 
50.72 
36.31 
27.67 

12.57 
62.83 
16.30 
27.39 
56.49 
10.00 
70.33 
78.52 
102. 75 
59-36 
54.78 
42.50 



$36. 0583 

.do 

.do 

.do 

.do 

.do 

.do 

.do 

-do 

.do 

.do 

do 

do 

.do 

.do 

.do 

. do 

.do 

.do 

.do 

.do 

.do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 



$2,154.84 

534- 02 

2,465.30 

3,760.52 
2,933-34 
721.89 
777- 78 
777.42 
504. 82 
1,907.84 

825.35 
2,519.04 

586. 30 
1,012.15 
1, 076. 70 
92.67 
1,020.45 
1,852.68 
1,642.09 
2,960.38 

874.40 
3,042.23 

1,095-45 

1, 214. So 

1,828.86 

1,309.27 

997- 75 

453- 25 

2,265.51 

587.75 

987.64 

2,036.91 

360.58 

2,535.98 

2,831.30 

3, 705. 00 

2, 140.40 

1,975.27 

1,532.48 



76 



N. C. CORPORATION COMMISSION. 



SOUTHERN EXPRESS COMPANY— Continued. 



County. 



Miles. 



Valuation 
Per Mile. 



Valuation. 



Sampson 

Stanly 

Stokes 

Surry 

Swain 

Union 

Vance 

Wake 

Warren _i 

Washington 

Wayne 

Wilkes 

Wilson 



49-35 
23-19 
31.47 
52.55 
38.36 
39-80 
35-41 
73.62 
23.71 
21.87 
58.99 
18. 11 
31.27 



$36. 0583 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

.do 

. do 



$',779-48 

836. 19 

i,i34.75 

1,894.81 

1,383.20 

1,435-10 

1,276.80 

2,654.60 

854.94 

788.59 

2,127.08 

653. 02 

1,127.54 



117,370.09 



ASSESSMENT OP PULLMAN COMPANY. 



i i 



The Pulln)an Con)paoy 



STATEMENT F.— 1900. 



Valuation of property $150,832.21 

Valuation per mile 1*7-9759 

Total mileage 1,278.50 



Alamance. 



Bertie. 



Brunswick. 
Buncombe- 



Burke 



Cabarrus 
Caswell— 



Catawba- 



Chatham 



Cleveland __. 
Columbus ._. 
Cumberland. 
Davidson 



Duplin 

Durham 

Edgecombe 
Franklin ___ 

Gaston 

Gates 

Guilford. 

Halifax 

Harnett 

Henderson _ 
Hertford ___ 

Iredell 

Johnston.— 

Madison 

McDowell .. 



County. 



Miles. 


Valuation. 


17.05 


$2,011.49 


27.50 


3, 244- 34 


13.09 


1,544.30 


12.88 


i,5i9.53 


45.03 


5,312.45 


29.70 


3, 503. 88 


17.16 


2,024.47 


7.10 


837.63 


22.94 


2, 706. 37 


15.95 


1 , 88-1. 72 


8.77 


1,034.65 


50.45 


5,95L78 


32.74 


3, 862. 53 


24.80 


2, 925. 80 


33.96 


4, 006. 46 


16.22 


i,9i3.57 


20.56 


2,425.58 


12.91 


1,523.07 


23.00 


2,7i3.45 


14.84 


',750.76 


54.23 


6, 397- 83 


55-47 


6,544.12 


6.42 


757-41 


21.56 


2,543-56 


14.53 


1,714.19 


20. 11 


2,372.50 


57.62 


6, 797- 77 


28.30 


3,338.72 


32.24 


3, 803. 54 



78 



N. C. CORPORATION COMMISSION. 



PULLMAN COMPANY— Continued. 



County. 



Mecklenburg- 
Moore 

Nash 

New Hanover. 
Northampton . 

Orange 

Pender 

Polk 

Randolph 

Richmond 

Robeson 

Rockingham _. 

Rowan 

Union 

Vance 

Wake 

Warren 

Wayne 

Wilson 



Miles. 


Valuation. 


58.70 


$6,925.19 


38.50 


4,542.07 


11. 18 


1,318.97 


9.42 


i,"i.33 


25.90 


3,055.58 


17.27 


2,037.44 


25.19 


2,971.81 


10.00 


1,179.76 


.60 


70.79 


32.73 


3,861.35 


34-70 


4, 093. 76 


21.20 


2,501.09 


38.12 


4-497-34 


39.8o 


4,695.44 


29.85 


2,459.80 


72.47 


8,549-71 


23.71 


2,797.21 


29.76 


3,510.96 


31.27 


3,689.11 


1,278.50 


150,832.21 



ASSESSMENT OF TELEGRAPH COMPANIES. 



79 



Telegraph Companies. 



STATEMENT G. 



Name of Company. 


Valuation. 


Officer and Address. 






J. B. Tree, supt., Richmond, Va. 
W H. Baker, vice-pres., New York. 


Atlantic Postal Telegraph Cable Co . 


50 , 000. 00 


Elizabeth City and Norfolk Telegraph Company- 


2, 260. 00 


Chas. Guirkin, pres., Edenton.N. C. 




250. 00 
540. 00 


Ljj J. Cheatham, "Franklinton." 

G. F. Harper, general manager, 
Lenoir, N. C. 


Lenoir and Blowing Rock Telegraph Company- 






W. C. Petty, gen. mgr., Carthage. 
G. T. Harper, owner, Wilmington. 


Wilmington and Southport Telegraph Company. 


5c 0.00 


Pittsboro and Moncure Telegraph Company 


250. 00 


W. L London, Pittsboro, N. C. 




1,054,000,00 





80 



N. C. CORPORATION COMMISSION. 



WesterQ Union Telegraph Company, 



STATEMENT H.— 1900. 



Valuation of property $1,000,000.00 

Total mileage 12,944.90 

Valuation per mile 77.2505 

Apportioned to Counties and Towns as follows : 



County. 



Miles. 



Valuation 
Per Mile. 



Valuation. 



Alamance 

Alexander __. 

Anson 

Beaufort 

Bertie 

Bladen 

Brunswick — 
Buncombe __. 

Burke 

Cabarrus 

Caldwell 

Camden 

Carteret 

Caswell 

Catawba 

Chatham 

Cherokee 

Chowan 

Cleveland ___ 

Columbus 

Craven 

Cumberland 

Currituck 

Davidson 

Davie 

Duplin 

Durham 

Edgecombe _ 



82.37 

8.92 

158. 66 

18.26 

65.77 

94.40 

102.05 

212.41 

108. 17 

453.30 

13.92 

4.90 

17.77 

201.57 

127.32 

86.85 

37.62 

4.12 

143.41 

356. 72 

112.80 

259.98 

14.00 

603.85 

12.00 

334-30 

154- 35 

492.49 



$77- 2505 

.do 

.do 

.do 

. do 

.do 

.do 

.do 

- do 

_do 

_do 

_do 

. do 

-do 

.do 

.do 

_ do 

. do 

- do 

_ do 

- do 

-do 

-do 

-do 

-do 

. do 

-do 

_ do 



$6,363.12- 

689. 07 

12,256.56 

1,410.59 
5,080.77 

7,292.45 
7,883.41 
16,408.78 

8,356.19- 

35,017.65 

1,075-33 
378.53 

i,372.74 
15,571-38 

9, 835- 53- 

6,709.21 

2,906. 16 

318.27 

11,078.49 

27,556.80 

8,713.86 
20,083.58. 

1,081.51 
46,647.71 
927.01 
25,824.84 
11,923.61 
38,045. 10 



ASSESSMENT OF TELEGRAPH PROPERTY 



81 



Western Union Telegraph Company — Continued. 



County. 



Forsyth 

Franklin 

Gaston 

Gates 

Granville 

Guilford 

Halifax 

Harnett 

Haywood 

Henderson 

Hertford 

Iredell 

Jackson 

Johnston 

Jones 

Lenoir 

Lincoln 

Macon 

Madison 

Martin 

McDowell 

Mecklenburg . 

Mitchell 

Moore 

Nash 

New Hanover . 
Northampton. 

Onslow 

Orange 

Pasquotank__. 

Pender 

Perquimans... 

Person 

Pitt 

Polk 

Randolph 

Richmond 

Robeson 

2- 



Miles. 



123.37 

34.46 

323.31 

70.30 

92.38 

1,088.83 

411.06 

50.20 

21.00 

63.46 

69-45 

1 14. 35 

22.35 

341.73 

22.61 

60.37 

31.16 

2.08 

117.05 

114. 02 

1 29. 04 

774- 52 

4.90 

97.47 
19.00 
15.70 

286. 90 
35-00 

103. 20 
12.25 

282.50 
16.00 
38.10 

126.30 
27.30 
71.60 

209. 70 

304.80 



Valuation 
Per Mile. 



$77- 2505 

do 

do 

do 

. do 

do 

.do 

. do 

. do 

.do 

.do 

.do 

-do 

-do 

-do 

-do 

- do 

-do 

-do 

-do 

. do 

. do 

-do 

-do 

-do 

-do 

-do 

-do 

.do 

.do 

.do 

-do 

-do 

. do 

.do 

.do 

. do 

. do 



Valuation. 



$9,530.39 
2, 662. 05 

24,975.86 
5,430.7i 
7,136.40 

84,112.66 

31,754.59 
3,877.98 
1,622.26 
4,902.32 
5,365.05 
8,833.59 
1,726.55 

26,398.81 
1, 746. 63 
4,663.61 
2,407.13 
160. 68 
9,042.17 
8, 808. 10 
9, 968. 40 

59, 832. 06 

378.53 

7, 529. 61 

1,467.76 

15,117-92 

22, 163. 17 

2.703.77 

7,972.25 

946. 32 

21,823.27 
1,236.01 
2,943.24 
9, 756. 74 
2, 108.94 
5,53Li4 

16,199.43 

23,545-95- 



82 



N. C. CORPORATION COMMISSION. 
Western Union Telegraph Company — Continued. 



County. 



Miles. 



Valuation 
Per Mile. 



Valuation, 



Rockingham 

Rowan 

Rutherford __. 

Sampson 

Stanly 

Stokes 

Surry 

S waiini 

Union 

Vance 

Wake 

Warren 

Washington _ 

Wayne 

Wilkes 

Wilson :__ 



620. 00 

613.70 
24.30 
75.00 
22.50 
40. 10 
51.00 
38.00 

126. 10 
79.20 

317.10 
78.00 
11.20 

355-75 
17.75 

285. ip 



$77- 2505 

. do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 



$47,895.31 

47,408.63 

1,877.59 

5,793-79 
1, 738. 14 

3,097-74 
3,939-78 
2,935.52 
9,741.29 
6, 118.24 

24,496.13 

6,025.54 

865.21 

27,481.87 
1,371.20 

22,024.12 



12,944.90 



1,000,000.00 



ASSESSMENT OF TELEGRAPH COMPANIES. 



83 



Western Union Telegraph Company — Continued. 



Towns. 



Aberdeen 

Ahoskie 

Albemarle 

Apex 

Ashboro 

Asheville 

Ayden 

Battleboro 

Benson 

Bethel 

Black Creek 

Bryson City 

Burgaw 

Burlington 

Cameron 

Canton 

Cary 

Chadbourn 

Charlotte 

Cherryville 

China Grove 

Claremont 

Clinton 

Clayton 

Concord 

Conetoe 

Conover 

Cleveland 

Clyde 

Davidson College- 
Dallas 

Dillsboro 

Dunn 

Durham 

Earlae 

Elkin 

Elk Park 

Ellenboro 



Miles. 



2.00 

1.48 

.80 

1.80 

1.07 

25.12 

•30 

6.36 

2.50 

.27 

4-77 

.80 

3-30 

10.00 

1.86 

•57 

16.08 

9.03 

66.44 

1. 16 

28.84 

4.00 

•33 

7.91 

6.51 

•6 S 

5.00 

5-«2 

• 73 

1.83 

.76 

.67 

5.00 

5.38 

I:. 00 

•93 
1.20 
1. 51 



Valuation 
Per Mile. 



877- 25 



do 

do 

do. 

__.^do . 

do. 

do. 

do. 

do. 

do . 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do . 

do. 

..*..-. do. 

do . 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do . 

do . 

do. 

do. 

do. 



Valuation. 



$I54.50 
114-33 

61.81 
139-05 

82.66 
1,940.52 

23.18 
49I-3I 
193.13 

20.86 
368.48 

61.80 
254.93 
772.50 
143.69 

44-03 

1,242.18 

697.56 

5,132.49 

89.61 

2, 227. 89 

309..00 

2§-49 

611.05 

502. 90 

48.67 

386. 25 

410.97 

56.39 

I4L37 

58.71 

51.76 

386 25 

415.61 

77.25 

71-34 

92.70 

116.65 



84 



N. C. CORPORATION COMMISSION. 



Western Union Telegraph Company— Continued. 



Elm City 

Enfield 

Everett 

Faison 

Fair Bluff 

Fayetteville 

Forest City 

Four Oaks 

Frar klinton 

Fremont 

Gastonia 

Goldsboro 

Greensboro 

Greenville 

Grifton 

Grover 

Henderson 

Henderson ville— 

Hickory 

High Point 

Hillsboro 

Hobgood 

Hope Mills 

Huntersville 

Hot Springs 

Jacksonville 

Jamesville 

Jonesboro 

Kenly 

Kelford 

Kernersville 

King's Mountain. 

Kinston 

Kittrell 

Keyser 

LaGrange 

Laurinburg 

Lenoir 



17.22 

16.32 

.80 

6.70 

5-04 
18.64 

• 83 
2.85 
2. 10 
5.67 

11.44 

17.15 

108. 52 

1. 00 

T.46 

8.16 

6.06 

1.67 

10-35 

33.50 

.85 

5.00 

8.12 

.90 

3.20 

• 7t 
1.29 
2.94 
3.42 
3.5o 
4-52 

21.22 
5.83 
1.29 
2.06 
1.46 
6.00 

• 57 



Valuation 
Per Mile. 



Valuation. 



$77-2= 



.do_ 
.do. 
.do. 
.do. 
.do. 
_do- 
.do. 
.do. 
.do. 
.do. 
.do. 
.do. 
.do. 
-do. 
.do. 
.do. 
.do. 
.do. 
.do. 
.do. 
-do. 
.do. 
_do. 
_do. 
.do. 
-do. 
.do. 
_do. 
-do. 
.do. 
_do. 
.do. 
_do. 
.do. 
_do. 
.do. 
.do. 



'1,330.25 
1,260.72 

61.80 

517.58 

389. 34 

1,439-94 

64. 12 
220. 16 
162.23 
438.01 
883. 74 
1,324.84 
8,383.17 

77.25 
112.79 
630. 36 
468.14 
129.01 
83S.16 
2,587.87 

65.66 
386. 25 
627.27 

69.52 
247. 20 

54.84 

99-65 
227. 11 
264.19 
270. 38 
349-17 
1,639.24 
450.37 

99-65 
159- 13 
112.78 
463.50 

44. 03 



ASSESSMENT OF TELEGRAPH COMPANIES. 



85 



"Western Union Telegraph Company — Continued. 



Town 



Lexington 

Liberty 

Lilesville 

Littleton 

Lincolnton 

Lowell , 

Lucama 

Lumberton 

Macon 

Madison 

McFarland 

Maiden 

Manly 

Magnolia 

Marion 

Marshall 

Mebane 

Maxton 

Milton . 

Mocksville 

Morehead City 

Monroe 

Mooresville 

Mount Airy 

Mount Holly 

Morrisville 

Moncure 

Morganton 

Mount Olive 

Murfreesboro 

Murphy 

Matthews 

Nashville 

New Bern 

New London 

Newport 

Newton 

North Wilkesboro. 



Miles. 



Valuation 
Per Mile. 



$77- 25 

do 

do 

do 

do 

do 

— _ do 

do 

do 

do 

do 

do 

. do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do 

do „„___. 

do 



86 



N. C. CORPORATION COMMISSION. 



Western Union Telegraph Company — Continued. 



Town. 



Norwood 

Old Fort 

Oxford 

Parmele 

Pikeville 

Pine L,evel 

Pilot Mountain... 

Pineville 

Polkton 

Pollocksville 

Plymouth 

Ramseur 

Randleman 

Raleigh 

Red Springs 

Reidsvijle 

Robersonville — _. 

Rockingham 

Rocky Mount 

Roseboro 

Rowland 

Roxboro 

Salem 

Salisbury 

Saluda 

Sanford 

Seaboard 

Selma 

Scotland Neck.—. 

Shelby 

Siler City 

Smithfield 

Southern Pines... 

Springhope 

Stanley Creek 

Statesville 

Stoneville 

Sylva 



Miles 



Valuation 
Per Mile. 



877.25 



do .. 

do .. 

do.. 

do .. 

do- 

do.. 

do.. 

do.. 

do .. 

do.. 

dc_. 

do.. 

do.. 

do.. 

do .. 

do .. 

do.. 

do.. 

do_. 

do „ 

do„ 

do.. 

do _. 

do_. 

do .. 

do „ 

do ._ 

do_. 

do „ 

do .. 

do__ 

do - 

do - 

do_. 

do .. 

do ._ 

de- 



Valuation. 



$7-73 
216.30 

305.91 

166. 09 
577- 06 

278. 10 
69.52 

1,493-24 

386. 25 

38.63 

62.57 

54-07 

30.90 

2,496.72 

23L75 

2,575-52 

46.35 

243. 34 

2,519.89 

57.17 

253. 38 

77.25 

132.10 

3,597-53 

I54-50 

719.97 

231- 75 

882. 20 

77.25 

407.11 

154.50 

69-53 

180.76 

46.35 
64. 12 
665. 90 
131-41 
51.76 



ASSESSMENT OF TELEGRAPH COMPANIES. 



87 



Western Union Telegraph Company— Continued. 



Tarboro 

Taylorsville- 
Thomasville 

Trinity 

Tryon City _. 

Vaughan 

Wallace 

Warrenton— 

Warsaw 

Washington 

Waxhaw 

Waynesville 



Wake Forest. 

Weldon 

Whiteville___ 

Whitaker 

Williamston. 
Wilmington _ 

Wilson 

Windfall 

Winston 



Mile*. 



Valuation 
Per Mile. 



14-37 

•37 

28.97 

.80 

1.80 

2.61 

6.70 

1.74 

14.20 

2.00 

.87 

• 93 



1,053-33 

3-39 

21.38 

6.60 

15.86 

.92 

48.08 

16.98 

•50 

8 93 



877.25 



do. 

do. 

do. 

do. 

do . 

do . 

do. 

do. 

do. 

do. 

dp. 



1,175-97 



do. 

do. 

do. 

do. 

do. 

do. 

do. 

do. 

do . 



Valuation. 



$1, 110.08 

28.58 
2,237.93 

61. So 

139 05 
201.62 

517.58 
134-41 
1,096.25 
154. 50 
67.21 
71.84 



81,362.44 

261.88 

1,651.60 

509. S5 

1,225.19 

71.07 

3,7i4.i8 

1,311.70 

38.63 

989. 84 

90,836.36 



88 



N. C. CORPORATION COMMISSION. 



Atlantic Postal Telegraph Cable Company 



STATEMENT I.— 1900. 



Valuation of property. 

Valuation per mile 

Total mileage 



$50, 000 . 00 
30. 7329 
1 , 626. 92 



County. 



Miles. 



Valuation 



Bladen 

Brunswick 

Columbus 

Cumberland... 

Durham 

Franklin 

Harnett 

Halifax 

Johnston 

New Hanover- 
Northampton . 

Richmond 

Robeson 

Vance 

Wake 

Warren 



Durham 

Fayetteville.. 
Franklinton 
Henderson — 
Littleton ..__ 

Raleigh 

Warrenton _. 
Wilmington. 



95.20 
27.30 
17.00 
212.08 
27.00 
97.20 
147.00 
76.00 
7.00 
4.00 
41.60 
121.40 
108. 24 
162.40 
293. 80 
189. 20 



1,626.92 



1.20 
15.75 

6.00 
10.00 
12.00 
23.62 

6.40 



$2,925.77 

854. 37 

522.46 

6,517.83 

829. 79 

2,987.24 

4,517.74 

2, 335- 70 

215. 13 

122.93 

1,278.49 

3,730.97 

3,326.53 

4,991.02 

9. 029. 33 

5,814.66 



50, 000. 00 



36.88 
484. 04 
184.40 
307.33 
368. 79 
725.91 
196. 69 

T5C 00 

2,454.04 



ASSESSMENT OF TELEGRAPH COMPANIES. 



STATEMENT J. — Miscellaneous Telegraph Companies. 



Name of Company. 


Distance. 


Valuation 
Per Mile. 


Total 
Assessed 

Value 
Counties. 


Elizabeth City and Norfolk Telegraph Co.— 52 miles. 

Camden 


11.00 
20.00 
18.00 
4.00 


$42. 64 
42.64 
42.64 
42.64 


$469.05 
854. 34 
767. 55 
170.56 












Louisburg Telegraph Company. 






250. 00 

490. 00 
50.00 
540. CO 

250 . 00 


Lenoir and Blowing Rock Telegraph Company. 

Caldwell _ _ _ 


20.00 
2.00 












Pittsboro and Moncure Telegraph Line. 






Carthage Telegraph Company. 

Moore. _ __ _ _ 






Wilmington and Southport Line. 






500.00 
165.00 


Carolina Postal Telegraph Company. 

Cumberland _ .. _ __ 













90 



N. C. CORPORATION COMMISSION. 



Steamboat CompaQies. 



STATEMENT K. 



Broaddus & Ives. 



New Bern and Seven Springs Transportation Company . 



A. J. Gatlin 

J.J. Lassiter 

Archey E. K. Marine -_ -. 

Moccasin River Steamboat Company 

Roanoke and Tar River Steamboat Company 

W. B. EHis ____ 

Tar River Oil Company 

Pungo Lumber Company 

Wilmington and Little River Transportation Company. 

T. H. Hawkins 

J. W. Harper 

Cape Fear Towing and Transportation Company 

Black River Packet Company 

C.H.Sterling ., .. 

Albemarle and Chesapeake Canal Company 

Ellis Sherman 

C. F. Sumner 

Merchants and Farmers Steamboat Company 

Albemarle Steam Navigation Company 



J. D. Weymouth 

J. W. Branning 

Chas. Wessell 

Cape Fear River Transportation Company 
Fairfield Canal and Turnpike Company... 
Old Dominion Steamship Company 



No. 
Steam- 
boats. 



County. 



Craven 

Lenoir 

Crave*n 

Craven 

Craven 

Onslow 

Pitt 

Martin 

Craven 

Edgecombe 

Beaufort 

New Hanover. 
New Hanover. 
New Hanover. 

Brunswick 

New Hanover. 

Beaufort 

Currituck 

Pender 

Perquimans 

New Hanover. 

Chowan 

Bertie 

Gates 

Hertford 

Perquimans... 

Chowan 

New Hanover. 
Cumberland _ 

Hyde 

Perquimans 

Camden 



Valuation. 



$800. 00 

1, 000. 00 
1,000.00 

700. 00 
2 , 200. 00 

800.00 
1,500.00 
12, 764. 00 
1,000.00 
4, 500. 00 

800. 00 
3, 000. 00 

300. 00 

11,000.00 

23,500.00 

2 , 600. 00 

2, 500. 00 

100,000.00 

500 . 00 

500.00 
2, 000. 00 
1,012.50 
1,012.50 
1,012.50 
1,012.50 
1,800. oo 
3, 500. 00 
1, 200. 00 
3, 000. 00 
6,240.00 
2,166.66 
2,166.66 



ASSESSMENT OP STEAMBOAT COMPANIES. 



91 



STEAMBOAT COMPANIES— Continued. 



Owner. 


No. 
Steam- 
boats. 


County. 


Valuation. 




i 
i 
i 

2 

I 
I 
I 


Dare ., 

Hyde _ 


6,166:66 




7, 166. 68 






3, 966. 66 
7,166.68 












■ 


Pitt 




Guard & Thornton _ _ 


Edgecombe 

Pasquotank 

Hyde 

New Hanover 


2, 000. 00 


Fairfield and Elizabeth City Transportation Company 

Walter Taft __ 


1,000.00 
700. 00 


Lake Drummond Canal and Water Company -J 

T. D.Saunders _ _____ 


Pasquotank 

Perquimans 


8, 000. 00 


D. I,. Roberts. __ .__ 




New Bern and Snow Hill Steamboat Line__ _ _ _ ^— _ _ 




2, 050. 00 


W.H.Ward _ 


Pender 










267, 454. 00 



92 



N. C. CORPORATION COMMISSION. 



STEAMBOAT COMPANIES— Continued. 



Owner. 



J.W. Branning 

T . D. Saunders 

Broaddus & Ives 

Merchants and Farmers Steamboat Company. 

Black River Packet Company 

Archey E. K. Marine 

Tar River Oil Company 

J. J. Lassiter 

Fairfield and Elizabeth City Trans. Co 

C. H. Sterling 

Charles Wessel 

Albemarle Steam Navigation Company 

Old Dominion Steamship Company 

Roanoke and Tar River Steamboat Company. 



D. L. Roberts 

Moccasin River Steambeat Company 

J.W.Harper 

A.J. Gatlin 

Walter Taft 

Cape Fear River Transportation Company 

C. F. Sumner 

Fairfield Canal and Turnpike Company* 

Gard & Thornton 

Cape Fear Towing and Transportation Co — 

W. B. Ellis 

Pungo Lumber Company 

New Bern and Snow Hill Steamboat Line 

Albemarle and Chesapeake Canal Company* 

Lake Drummond Canal Company* 

New Bern and Seven Springs Trans. Co 

Ellis Sherman 

T. H. Hawkins 

W. H. Ward 

Wilmington and Little River Steamboat Co.. 
J.D.Weymouth 



No. 

Steam- 
boats. 



Assessed 
Value. 



$3, 500 

2, 100 

8oo 

2,000 

2,600 

8oo 
4,500 

2, 200 
1,000 

2,500 

1,200 
4,050 

49, 800 
12,764 

600 

1,500 

11,000 

700 

700 

g,000 

500 

6,240 

800 
23,500 

1,000 

800 
2,050 

100,000 

16 , 000 

2,000 

500 

300 

1,650 

3,000 
1,800 

267,454 



Post-office Address. 



Edenton,N.C. 

Hertford, N. C. 

New Bern,N. C. 

T. D. Love, Wilmington, N. C. 

D . McEachean, Wilmington, N. C. 
Marines, N.C. 

E. V. Zoeller, Tarboro, N. C. 
New Bern, N.C. 

F. F.Spencer, Fairfield, N. C. 
Washington, N.C. 
Wilmington, N.C. 

R. A. Prethow.supt., Franklin, Va. 

W. L. Gyllanden, 81 Beach St., N. Y. 

John D. Briggs, treasurer, Williams- 
ton, N.C. 

New Bern, N.C. 

L. A. Cobb.Grifton. N. C. 

Wilmington, N.C. 

Vanceboro, N. C. 

Wilmington , N. C. 

W. L. Cook, mgr., Fayetteville, N. C. 

Hertford, N.C. 

S. B. Sadler, treasurer, Fairfield, N. C. 

Elizabeth City, N.C. 

Wm. St. George, Southport, N.C. 

New Bern, N.C. 

W. P. Baugham, Washington, N. C. 

M.B.Smith, New Bern, N.C. 

Norfolk, Va. 

W. B.Brooks, 21 S. Gay st, Baltimore. 

J.J. Rhodes, New Bern, N.C. 

Wilmington, N.C. 

Do. 

Do. 

Do. 
Elizabeth City, N. C. 



*Canal. 



ASSESSMENT OF TELEPHONE COMPANIES. 



93 



Telephone Companies 



STATEMENT L. 



Name of Company. 



Southern Bell Telephone Co. (and Tele- 

raph). 



Interstate Telephone Co 

American Telegraph and Telephone Co. 

J.F.& J. B.Armfield 

Thomasville Telephone Co 

Tyrrell County Telephone Co 

Pinetown Telephone Co 

Henderson Telephone Co. ., 



Valuation 



54,524 00 



9, 240. 00 
6, 7S6. 00 



1,695.00 
450.00 



Officers and Address. 



Washington and Hyde County Telephone 
Co. 



», 500. 00 
1,050.00 



Carolina Telephone and Telegraph Co 22,350.00 

Wilkesboro Telephone Co 1,000.00 

Pee Dee News Transit Co j 1, 143.00 

Catawba Telephone Co 

Mocksville Telephone Co 

Mebane-Ridgeville Telephone Co 

Marion Telephone Co 1,000.00 

Lumberton Telephone Co 



Lexington Telephone Co 

Kenansville Telephone Co 

Gastonia Telephone Co 

Greenville Telephone Co 

Wilson and Carolina Telephone Co 

Dunn and Islington Telephone Co 

Concord Telephone Co 

Burke County Telephone Co 

Elizabeth City Telephone Co 

Edenton Telephone Co 

Rutherford Telephone Co 

Salisbury Telephone Co 2,000.00 

Pamlico and Beaufort Telephone Co 

Camden Telephone Co 



200.00 

200. 00 
4,420.00 

940.00 
9,800.00 . 

300.00 
i,Soo. 00 
2,400.00 
1,500.00 



Henry Smith, Manager, Raleigh, X C. 

W. W. Shaw, Secretary, Durham, N. C 
Edwin J. Hall, Vice-President, Statesville, N C. 

Chas. R Thomas, Manager, Thomasville, N. C. 
H. M. Newberry, Secretary, Columbia, N. C. 
Surry Parker, Pinetown, N. C. 
J. H. Bridgers, Secretary, Henderson, N. C. 

C. P. Aycock, Sec'y and Treas , Pantego. N. C. 

G. A. Holderness, Manager, Tarboro, N. C. 

J. E. Finley, Manager, North Wilkesboro, N. C. 

Wadesboro, N. C. 

J H. Pitts and J. F. Long, Catawba, N. C. 

L G. Home, Mocksville, N. C. 

J. C. Corbett, Secretary, Corbett, N. C. 

J. G. Reid, Marion, N. C. 

O. T. Williams, Secretary, Lumberton, N. C. 

G. Montcastle, Lexington, N. C. 

Henry Grimes, Kenansville, N. C- 

Gastonia, N. C. 

W. S. Atkins, Manager, Greenville, N. C. 

Howard F. Jones, Wilson, N. C. 

G. K. Grantham, Secretary, Dunn, N C 

W. C. Houston. President, Concord, N. C. 

W. C. Ervin, Sec'y and Treas , Morganton, N C. 

D. B. Bradford, Sec'y and Treas., Eliz. City, N.C- 
E R. Conger, Edenton, N. C. 

John C. Mills, Secretary, Rutherfordton, N C. 
S. H. Wiley, President, Salisbury, N. C. 
R. T. Bonner, Secretary, Aurora, N. C. 
P. H. Williams, President, Camden, N. C. 



94 



N. C CORPORATION COMMISSION. 
TELEPHONE COMPANIES— Continued. 



Name of Company. 



Valuation, 



Officers and Address. 



Boone and Wilkesboro Telephone Co 

Ashboro Telephone Co 

Albemarle Telephone Co _ 

Battleboro Telephone Co 

Bessemer Telephone Co 



825.00 



A. J El ler, Secretary, Ready Branch, N. C. 
Charles Ross, Manager, Ashboro, N. C. 

Albemarle, N. C. 

Braswell & Marriott, Battleboro, N. C. 
J H. Wilkins, Bessemer City, N. C. 



ASSESSMENT OF TELEPHONE COMPANIES. 



95 



TELEPHONE C MP ANIE*— Continued. 
Taluation and Apportionment to Coanties. 



Name Of Company. 


Valuation. 


Valuation 
Per Mile. 


Mileage 


County. 


Valuation. 


Southern Bell Telephone and Telegraph 
Company — 1,350 miles. 


$4,524.00 


$3*35 


221.00 


Buncombe 


$740- 58 








344-oo 


Mecklenburg- 


1,152.76 








5.00 


Cabarrus 


16.76 








97.00 


Durham 


325. 05 








200. 00 


Wake 


670.21 








287.60 


New Hanover- 


961.85 








1 73 . 00 


Forsyth 


579- 72 

77- 07 

1, 584. 00 








23.00 


Iredell 


Interstate Telephone and Telegraph 
Company — 1*5 miles. 


9, 240. 00 


88.00 


18.00 


Guilford 








12.00 


Forsyth 


1 , 056. 00 








12.00 


Durham 


1,056.00 








27.00 


Wake 


2,376.00 








26.00 


Johnston 


2, 288. 00 








10.00 


Wayne 


880. 00 


American Telephone and Telegraph 
Company — 575 miles. 


6, 786. 00 


63. 77 


25.96 


Caswell 


306. 35 








85.26 


Rockingham ___ 


1 , 006. 26 








120.52 


Guilford 


1,422.33 








109.49 


Davidson 


1,292. 18 








75.93 


Rowan 


896. 07 
731.70 








62.00 


Cabarrus 








95-84 


Mecklenburg 


1,131." 


Thomasville Telephone Company 


1 , 695. 00 








1,695.00 
300. 00 
150.00 


Tyrrell County Telephone Company— 




50.00 


6.00 


Tyrrell 






3-oo 


Washington 


Henderson Telephone Company— 8,500 
miles. 


8, 500. 00 
1,050.00 










21.00 


9.00 


Franklin 






Granville 






Warren 






Halifax 






Craven 




Washington and Hyde County Tele- 


Hyde 1 


189. 00 


phone Company. 








266. 07 


41.00 


Beaufort 


861.00 


Carolina Telephone and Telegraph 
Company — 84 miles. 


22, 350. 00 




13.00 


Cumberland 


3, 458. 94 








11.00 


Edgecombe 


2, 926. 78 



N. C. CORPORATION COMMISSION. 



TELEPHONE COMPANIES— Continued. 



Name of Company. 


Valuation. 


Valuation 
Per Mile. 


Mileage. 


County. 


Valuation. 


Carolina Telephone and Telegraph 
Company— 84 miles. 






11.00 
16.00 




$2, 926. 78 
4, 257. 16 






Beaufort 








10.00 


Lenoir 


2,660.70 








10.00 


Greene ... 


2, 660. 70 








13.00 


Robeson 


3,458.94 


Wilkesboro Telephone Company 

Pee Dee News Transit Company 








Wiikes 




1,143.00 








1,143.00 








Lexington Telephone Company 

Kenansville Telephone Company 






















4,420.00 

940. 00 

9, 800. 00 




_ 




4, 420. 00 

940 . 00 

2,279.07 


Greenville Telephone Company 

Wilson and Carolina Telephone Co 




70.00 
30.00 


Pitt 


$75-97 


Edgecombe 










Pitt . . 


2, 279. 07 
2, 279. 07 








30.00 


Johnston 










Wilson _ 


2,962.79 
300. 00 


Dunn and Islington Telephone Co 


300. 00 






Harnett 




13.00 




Burke County Telephone Company 






Burke __ 




1,500.00 






Pasquotank 


1,500.00 








Albemarle Telephone Company 




15.38 




Stanly 






10.00 


Cabarrus 


153. So 




825.00 








825. 00 











ASSESSMENT OF REFKIGEKATOR COMPANIES. 



97 



Refrigerator Companies. 



STATEMENT N. 



Name of Company. 


Valuation. 


Officer and Address. 




$412.08 

744.83 

1,030.20 

3, 469. 00 


B.Morehead, tax agent, St. f,ouis, Mo. 
Jas. W.Harrison, secretary, Chicago, 111. 
B. Morehead, tax agent, St. Louis, Mo. 
Arthur Mills, president, 291 Broadway, N. Y. 


Anglo-American Refrigerator Company 

American Refrigerator Transit Company 

Merchants Dispatch Transportation Co 




5,056.11 





98 



N. C. CORPORATION COMMISSION, 



Compilation from Railroad Returns for the Year Ending June 30, 1900. 



Atlantic Coast Line Railroad Compaoy. 



DIRECTORS 



Name of Director. 


Post-office Address. 


Date of Expiration of 
Term 






1 


H.Walters __-___. 


do 




do 




Waldo Newcomer. __ _ _ 


. _.do 






Tarboro, N. C 




F.W.Scott _ — _ _ _ _— 






D. W. Lassiter _ 




, Third Monday in No- 
vember, 1900. 


K. B. Borden__ - _ __ 


Goldsboro, N. C 






Wilmington, N. C 

do 


I 






H.B. Short 


Lake Waccamaw, N. C 

Society Hill, S.C 











OFFICERS. 



Title. 


Name. 




W. G. Elliott 




H.Walters 




Alexander Hamilton -__ 

C.G.Gadsden. 


Third Vice-President _ _ _ __ __ 


Secretary 1 






Alexander Hamilton 

W. A. Riach _ _ 










Do _- _- - - 


R.A.Williams 


General Manager 


J.R.Kenly _ __ _ . 


B.B.Pleasants 


General Superintendent 


I. F. Divine 



Location of Office. 

Wilmington, N.C. 

Do. 
Petersburg, Va. 
Charleston, S.C. 

Wilmington, N.C. 

Petersburg, Va. 
Wilmington, N.C. 
Norfolk, Va. 
Richmond, Va. 
Wilmington, N.C. 

Do. 

Do. 



ATLANTIC COAST LINE RAILROAD COMPANY. 



99 



OFFICERS— Continued. 



Title. 


Name. 


Location of Office. 




E. T. D. Myers _ _ 


Richmond, Va. 
Norfolk, Va. 
Richmond, Va. 
Charleston, S. C. 


Do - __ _ _— - 


G. M. Serpell _ 


Division Superintendent 

Do _ _____ 


R.M.Sully 


W.N.Royall __ __ 




T. H. Symington _ 


Wilmington, N. C. 
Do. 


Purchasing Agent 


F.H.Fechtig _ 


E.Borden 


Do. 




T.M.Emerson _ 


Do. 






Do. 


General Passenger Agent 


do 


Do. 



PROPERTY OPERATED. 



Atlantic Coast Line Railroad 
Company. 



TERMINALS. 



From — 



Richmond 

Petersburg 

Weldon 

South Rocky Mt__ 

Florence 

Sumter 

Florence 

Norfolk 

Wilmington June 
Wilmington June 
Wilmington June. 



Clopton 

Pe tersburg 

Petersburg 

\'\g Point 

Tarboro 

Pender 

Parmele 

', R ^cky Mount.— 

Warsaw 

Goldsboro June 
Wilmington — 



To- 



Petersburg 

S. and R. Junction.. 
South Rocky Mount 

Florence 

Charleston 

Columbia 

Robbins 

South Rocky Mount 

Sanford 

Contentnea 

Pee Dee 

James River 

Belt L,ine 

N and W Crossing. 

Bellville, etc 

Plymouth 

Kinston 

Washington 

Springhope 

Clinton 

Smithfield 

New Bern 



Miles of 

Line for 

Each Road 

Named 



23.30 
57.15 
37.90 
172. 15 
soi. 70 

42.70 
137.50 

114.87 

116.40 
105.00 

97.18 



4-55 
5-75 
2.90 
9.21 
53-89 
85.82 

25-39 
19.20 
13-43 
21.50 
90.32 



Miles of 
Line for 
Each Class 
of Roads 
Named. 



L 005.85 



100 



N. C. CORPORATION COMMISSION. 
PROPERTY OPERATED -Continued. 



Brought forward. 



Atlantic Coast Line Railroad 
Company. 



S. C. Pacific Railway Co — 
Central R. R. Co. of S. C- 
Wiltnington St. Ry. Co -. 



S. A. I,ine Railway Co 

C and W. C. Railway Co_. 

Total mileage operated- 



TERMINALS. 



From- 



Parkton 

Elrod 

Latta 

Florence — 

Floyds 

Darlington. 

Creston 

Eulawville . 

Sumter 

Elliott 



To- 



Spurs to Mills, etc. 

Bennettsville 

Lanes 

Dummy Line 

Spurs, etc 



S. and R. Junction. 
Robbins 



S. C. State line_ 

Conway 

Clio 

Wadesboro 

Hartsville 

Gibson 

Pregnalls 

Ferguson 

Darlington 

Lucknow 



N. C. State line 

Sumter 

Wilmington 



Weldon . 
Augusta. 



Miles of 

Line for 

Each Road 

Named. 



34-44 
71.38 
19.78 
64.52 
10.00 
36.64 
40.81 
6.16 
37.64 
16.48 



10.50 

40.20 

1.25 

1.61 



2.39 

28.80 



Miles of 
Line for 
Each Class 
of Roads 
Named. 



1,005.85 



669.81 
35-58 



,711.24 



53.56 



31-19 



1,795-99 



CAPITAL STOCK. 



Description. 


Number of 

Shares 
Authorized. 


Par 
Value of 
Shares. 


Total 
Amount 
Issued and 
Outstand- 
ing. 




158, 902 
183,903 


$100.00 

TOO. 00 


$15,890,200.00 
18, 390, 300. 00 






Total — - 


342,805 


IOO.OO 


34,280,500.00 





ATLANTIC COAST LINE RAILROAD COMPANY. 



101 



FUNDED DEBT. 

MORTGAGE BONDS, MISCELLANEOUS OBLIGATIONS, AND INCOME BONDS. 





TIME. 
















Amount 

of Authorized 

Issue. 


Amount 


Amount 


Cash 


CLASS OF BOND OR 


v- 




Realized 


OBLIGATION. 


c oJ 

*5 


H 


Issued 


Outstanding. 


on Amount 
Issued. 




a 


* w 














1915 
1915 


$50, 000. 00 
350, 000. 00 


$50,000.00 
350, 000. 00 


$24, 500. 00 
316,000.00 


$46,130.76 
276, 495. 24 


First mortgage, R. & P 


1875 


Consol. mortgage, R. & P 


1890 


1940 


1,000,000.00 


300, 000. 00 


300, 000. 00 


288, 926. 38 


Class " A," Petersburg 


1881 


1926 


1,000,000.00 


868, 000. 00 


868, 000. 00 


868,000.00 


Class " B," Petersburg 


1881 


1926 


1, 000, 000. 00 


800, 000. 00 


800, 000. 00 


800,000. 00 


First mortgage, Gold.,N.& C_ 


1889 


1939 


1,500,000.00 


1,320,000.00 


1,320,000.00 


1,320,000. 00 


Second mort , Gold , N. & C __ 


1896 


1946 


500, 000. 00 


400, 000. 00 


400, 000. 00 


360,000.00 


General first mort., W. & W__ 


1885 


1935 


3, 062, 000. 00 


3, 062, 000. 00 


3,062,000.00 


3,062,000.00 


General— First mort.,W.& W 


1897 


1935 


938, 000. 00 


938,000. 00 


938 , 000. 00 


938, 000. 00 


First mortgage, A. & R 


1897 


1944 


500, 000. 00 


500,000. 00 


500, 000. 00 


500,000.00 


First mortgage, W.& W.B.__ 


1897 


1947 


500,000.00 


500, 000. 00 


500, 000. 00 


500, 000. 00 


Yadkin Division, W. & W 


1899 


1949 


1,700,000.00 


1, 700, 000. 00 


1 , 700, 000. 00 


1,700,000.00 


General— Mort., A.C.L.ofS.C 


1898 


1948 


8, 000, 000 . 00 


5, 500, 000. 00 


5, 500, 000. 00 


5, 500. 000. 00 


Consol. mortgage, N. E 


1883 


1933 


694,000.00 


694, 000. 00 


694, 000 . 00 


694 , 000 . 00 


W.C.&A 


1879 


1910 


1,600,000.00 


1 , 600, 000. 00 


1,600,000.00 


1,600,000.00 


M.& A _ - 


1893 
1888 


1943 
1938 






17,000.00 
7, 000. 00 




C.&D . _- 


400,000.00 


366, 000. 00 


366,000.00 




Certificates of 

Indebtedness— 






18,546,500.00 
















Certificates of indebtedness— 






2, 500 , 000. 00 


2, 500, 000. 00 


2,500,000.00 




W.& W. 














380,000.00 


380, 000. 00 


380, 000. 00 


380, 000. 00 


Special trust, W. & W. 












3,000,000.00 


3 , 000, 000. 00 


3,000,000.00 




A.C.L.R.R.Co. 
















5, 880, 000. 00 


















18,546,500.00 
5, 880, 000. 00 




Miscellaneous obligations 






















Grand total 






24,426.500.00 








1 







102 



N. C. CORPORATION COMMISSION. 



FUNDED DEBT— Continued. 



CLASS OF BOND OR OBLIGATION. 



INTEREST 



Rate 
per 



When Payable. 



Amount 

Paid During 

Year. 



First mortgage, R. & P 

First mortgage, R. & P 

Consolidated mortgage, R. & P 

Class "A," Petersburg 

Class "B," Petersburg 

First mortgage, Gold. ,N. & C 

Second mortgage, Gold. , N. & C 

General first mortgage, W. & W 

General— First mortgage, W. & W__ 

First mortgage, A. & R 

First mortgage, W. & W. B 

Yadkin Division, W.&W 

General— Mortgage, A. C. I,, of S. C . 

Consolidated mortgage, N. F 

W. C. & A 

M. & A 

C.& D 



Interest in U. F. R. R. bonds, maturing September, i£ 
L,ess interest rebate A. C. L,. R. R. Co. of S. C 



Certificates of Indebtedness — 

Certificates of indebtedness— W . &W 

Certificates of indebtedness— Special trust, W.& W . 

Certificates of indebtedness— A. C.I,. R.R. Co 

Total— mortgage bonds 

Miscellaneous obligations 

Grand total 



May and Nov. 
May and Nov. 
April and Oct. 
Jan and July . 
April and Oct- 
April and Oct- 
Jan. and July. 
Jan and July- 
Jan. and July. 
Jan. and July. 
Feb. and Aug_ 
June and Dec. 
Jan and July. 
Jan. and July- 
June and Dec. 
Jan. and July- 
April and Oct. 



$1,715.00 
18,960.00 
13, 500. 00 
43, 400. 00 
48 , 000. 00 
66, 000. 00 
20, 000. 00 

153, 100.00 
37, 520. 00 
20, 000. 00 
20, 000. 00 
68, 000. 00 

220, 000. 00 

41,640.00 

96, 000. 00 

850. 00 

350. 00 



86 9> °35' °° 

45,680.00 

7, 104. 90 



907,610. 10 



22,800.00 



907,610. 10 
22, 800. 00 



930,410. 10 



ATLANTIC COAST LINE RAILROAD COMPANY. 



103 



RECAPITULATION OP FUNDED DEBT. 






Amount 
Outstanding. 


INTEREST, 


CLASS OF DEBT. 


Amount Ac- 
crued During 
Year. 


Amount Paid 
During Year. 




$18,546,500.00 
5,880,000.00 


$907,610.10 
22,800.00 


$907, 610. 10 




22,800.00 








24, 426, 500. 00 


930,410. 10 


930,410. 10 



CURRENT ASSETS AND LIABILITIES. 



CASH AND CURRENT ASSETS AVAILABLE FOR PAYMENT OF CURRENT LIABILITIES 

Cash - 

Bills receivable 

Due from agents 

Due from solvent companies and individuals 

Cash deposited to pay coupons 

Total— cash and current assets 

Total 

CURRENT LIABILITIES ACCRUED TO AND INCLUDING JUNE 30, I9OO. 

L,oans and bills payable 

Audited vouchers and accounts 

Wages and salaries 

Matured interest coupons unpaid (including coupons due July 1) 

Miscellaneous 

Total— current liabilities 

Balance— cash assets 

Total 



$3i9»i30.73 

832. 16 

167,541.99 

3,658,701.38 

309,176.56 



4,455,382.82 
4,455,382.82 



178,293.28 
34,106.42 

i9 6 ,35i-9i 

347,410.63 

1,708,268.39 



2, 464, 430. 63 
1,990,952.19 



4,455,382.82 



RECAPITULATION. 

FOR MILEAGE OWNED. 



ACCOUNT. 


Total Amount 
Outstanding. 


Apportion- 
ment to 
Railroads. 


AMOUNT PER MILE OF LINE. 


Miles. 


Amount. 




$34,280,500.00 
24,426,500.00 


$34, 280, 500. 00 
24, 426, 500. 00 


1,711.24 
I,7".24 


$20, 032. 00 
14,274.00 






Total _____ - . 


58,707,000.00 


58,707,000.00 


I,7H.24 


34,306.00 





104 



N. C. CORPORATION COMMISSION. 



RECAPITULATION— Continued. 

B. FOR MILEAGE OPERATED BY ROAD MAKING THIS REPORT (TRACKAGE RIGHTS 
EXCLUDED), THE OPERATIONS OF WHICH ARE INCLUDED IN THE INCOME ACCOUNT. 



Name of Road. 


Capital Stock 


Funded Debt. 


Total. 


AMOUNT PER 


MILE OF LINE. 


Miles. 


Amount. 


Atlantic Coast Line 

Cent, of South Carolina- 


$34, 280, 500. 00 
170,000.00 


$24, 426, 500. 00 
300, 000. 00 


$58, 707, 000. 00 
470, 000. 00 


1,711.24 
41.81 


$34.3o6.oo 
11,241.00 


Grand total 


34, 450, 500. 00 


24, 726, 500. 00 


59, 177, 000. 00 


1,753-05 


33,756.00 



COST OF ROAD, EQUIPMENT AND PERMANENT IMPROVEMENTS. 



Item. 



CONSTR UCTION— 

Engineering 

Right of way and station grounds.. 

Real estate 

Grading 

Bridges, trestles and culverts 

Ties 

Rails 

Track fastenings 

Frogs and switches 

Ballast 

Track laying and surfacing 

Fencing right of way 

Crossings, cattle guards and signs__ 

Station buildings and fixtures 

Shops, roundhouses and turn-tables 

Shop machinery and tools 

Water stations 

Fuel stations 

Grain elevators 

Docks and wharves 

Electric light plants 

Miscellaneous structures 

Legal expenses 

Interest and discount 

General expenses 

Total construction 



Total Cost to 
June 30, 1900. 



53-753,775.76 



Cost Per Mile. 



$825,200.80 


$482. 23 


3,609,672.79 


2, 109. 39 


1,123,673.56 


656.65 


16,481. 173.80 


9,631.13 


6, 673, 764, 27 


3,899.96 


2, 071, 250. 00 


1,210.38 


8,452,450.00 


4,939-37 


1,207,275.00 


705.50 


341,000.00 


199. 27 


2, 164,800.00 


1,265.05 


752,400.00 


439.68 


203, 500. 00 


118.92 


55, 000. 00 


32.14 


1,764,483.75 


1,031.12 


1,718,300.77 


1,004.13 


302, 000. 00 


176.42 


254,000.00 


148.43 


110,000.00 


64.28 


66, 000. 00 


38.57 


619,478.73 


362. 01 


99, 000. 00 


57-86 


3,626,295.58 


2,119. JI 


220,000.00 


128.56 


198, 000. 00 


"5-71 


815,056.71 


476. 3° 



31,412.17 



ATLANTIC COAST LINE RAILROAD COMPANY. 



105 



COST OP ROAD, EQUIPMENT, Etc— Continued. 



Item. 



.Equipment— 

Locomotives 

Passenger cars 

Baggage, express and postal cars 

-Combination cars 

Freight cars 

•Other cars of all classes 

Total equipment 

Total construction 

Grand total cost construction, equipment, etc 

Total cost construction, equipment, etc. — State of North 
Carolina 



Total Cost to 
June 30, 1900. 


Cost Per Mile. 


$1,728,000.00 


$1,009.80 


440, 000. 00 


257. 12 


126,000.00 


73-63 


132, 000. 00 


77-14 


2,293,950.00 


1,340.52 


139, 200. 00 


8i.35 


4,859,150.00 


2,839.56 


53,753,775-76 


31,412.17 


58,612,925.76 


34,251.73 


31,787,894-83 


31,434.88 



INCOME ACCOUNT— Entire Line. 



Gross earnings from operations 

Less operating expenses 

Income from operation 

Dividends on stocks owned 

Interest on bonds owned 

Miscellaneous income— less expenses- 
Income from other sources 

Total income 

Deductions from Income— 

Interest on funded debt accrued... 



Interest on interest-bearing current liabilities accrued, not other- 
wise provided for 



Rents paid for lease of road 

Taxes 

Other deductions 

Total deductions from income 

Net income 

Surplus from operations of year ending June 30, 1900 

Surplus on June 30, 1899 [from "General Balance Sheet," 1899 Report]. 
Surplus on June 30, 1900 [for entry on "General Balance Sheet"] 



$7,586,745.56 
4,311,598.25 



29, 119.96 
5,430.00 
96,462 63 



930,410. 10 

27,591.07 

37,276.00 

257, 205. 00 

1,271.16 



S3,275,i47.3i 



131,012.59 



2,406, 159.90 



1,253,753.33 



2,152,406.57 



2,152,406.57 

192,230. 10 

2,344,636.67 



106 



N. C. CORPORATION COMMISSION. 
EARNINGS FROM OPERATION— Entire Line. 



Item. 



Passenger — 

Passenger revenue 

Less payments — 

Tickets redeemed 

Other repayments 

Total deductions 

Total passenger revenue 

Mail 

Express 

Extra baggage and storage 

Total passenger earnings 

Freight— 

Freight revenue 

Less repayments — 

Overcharge to shippers 

Other repayments 

Total deductions 

Total freight revenue 

Other items 

Total freight earnings 

Total passenger and freight earnings 

Other Earnings from Operation — 

Switching charges — balance 

Telegraph companies 

Rents from tracks, yards and terminals 

Other sources 

Total other earnings 

Total gross earnings from operation — N. C. 

Total gross earnings from operation — en- 
tire line. 



Total 
Receipts. 



$1,537,752.77 



5,327,655.91 



Deductions. 

Account of 

Repayments, 

etc. 



Actual 
Earnings. 



$4,811.30 
3,722.92 

8,534-22 



51,944.16 
30,405.19 



82, 349- 35 



$1,529,218.55 

296, 600. 68 

167, 147J 11 

20,579-05 



2,013,545.39 



5,245,306.56- 

5,154.32 

5, 250, 460. 88 



7, 264, 006. 27 

5,548.oa 

13, 167. 23 

150, 163. 18 

153, 860. 80 

322, 739. 29 

3, 763, 025. 80 

7, 586, 745- 56 



ATLANTIC COAST LINE RAILROAD COMPANY. 



107 



STOCKS OWNED. 

A. RAILWAY STOCKS. 



Name. 



C, N. & L. R. R 

Ashley River Phos. Branch 

Augusta Belt Rwy. Co 

Milledgeville R. R 

A. C. L. Terminal Co. — Augusta 

Lexington Terminal Rwy. Co 

Norfolk & Pinner's Point Belt Rwy 

East Carolina Rwy. Co 

Total 



Total Par 
Value. 



169,555-12 



Valuation. 



$21, 122.00 


$21, 122.00 


35,506.51 


35,506.51 


32, 275. 66 


32,275.66 


23,219.08 


23, 219.08 


36, 076. 40 


36,076.40 


3,323-47 


3,323-47 


6 , 200. 00 


6, 200. 00 


11,832.00 


11,832.00 



169,555.12 



B. OTHER STOCKS. 



Name. 


Total Par 
Value. 


Income 

or Dividend 

Received. 


Valuation. 


A. C. L. Sleeping Car Trust _ _ 


$134,203.60 
1,000.00 


$29, 049. 96 
70.00 




Richland Cotton Mills. _ - — 








Total 


135,203.60 


29, 119.96 


135,203.60 




304, 758. 72 


59,119.96 


304, 758. 72 





BONDS OWNED. 

A RAILWAY BONDS. 



Name. 


Total Par 
Value. 


Rate. 


Income 
or Interest 
Received. 


Valuation. 


Northeastern R. R .:_ 


$37,000.00 
90, 000. 00 


3 

4 


$1, 110.00 
3,600.00 


$37, 000. 00 
90, 000. 00 


A. C. L. R. R. Co. of South Carolina. 




Total. _ _ 


127,000.00 


4,710.00 


127,000.00 





B. OTHER BONDS. 



Name. 


Total Par 
Value. 


Rate. 


Income 
or Interest 
Received. 


Valuation. 


S. C. State 


$16, 000. 00 


4.2 


$720. 00 


$16,000.00 




Total _ .._ .. 


16,000.00 


720.00 








Grand total— A. and B_ __ __ _ _. 


143,000.00 


5, 430. 00 


143, 000. 00 





108 



N. C CORPORATION COMMISSION. 
RENTALS RECEIVED. 



Designation of 
Property. 


Situation of Property 
Leased. 


Name of Company 
Using Property Leased. 


Item, 


Total. 


Tracks __ 


Selma & Pinner's Point__ 

Charleston & Ashley 
Junction. 


Southern Railway 

Plant System__ 


$67, 000. 00 
13,343.22 

48. 637. 36 
15,301.07 
5,881.53 








Total 




$80,343.22 
































Total 




69,819.96 
150,163.18 








received. 







MISCELLANEOUS INCOME. 



Item. 


Gross Income. 


Net 

Miscellaneous 

Income. 






S55, 778. 18 
1,541-65 


Hotels _ . _ - ._ 
















Total 


$96,462.63 











OPERATING EXPENSES— Entire Line. 



Item. 



Maintenence of Way and Structures — 

Repairs of roadway 

Renewal of rails .. 

Renewal of ties 

Repairs and renewals of bridges and culverts 

Repairs and renewals of fences, road crossings, signs and cattle guards 

Repairs and renewals of buildings and fixtures 

Repairs and renewals of docks and wharves 

Repairs and renewals of telegraph 

Stationery and printing 

Other expenses 

Total 

Maintenance of Equipment— 

Superintendence 

Repairs and renewals of locomotives 

Repairs and renewals of passenger cars 



$429, 
131, 
152, 
134, 
10, 
247, 
35, 



536. 24 

460.45 
282.97 
659.78 
117.28 
099. 18 
833.95 
101.37 
140.03 
439.84 



1,143,671.09 



28, 

269, 
174, 



384. 22 
745- 15 
581.01 



ATLANTIC COAST LINE RAILROAD COMPANY. 109 

OPERATING EXPENSES— Continued. 



Item. 



Maintenance of Equipment— 

Repairs and renewals of freight cars 

Repairs and renewals of work cars 

Repairs and renewals of marine equipment 

Repairs and renewals of shop machinery and tools. 

Stationery and printing 

Other expenses 

Total 

Conducting Transportation — 

Superintendence 

Engine and roundhouse men 

Fuel for locomotives 

Water supply for locomotives 

Oil, tallow and waste tor locomotives 

Other supplies for locomotives 

Train service 

Train supplies and expenses 

Switchmen, flagmen and watchmen 

Telegraph expenses 

Station service 

Station supplies 

Switching charges— balance 

Car mileage — balance 

Hire of equipment— balance 

Loss and damage 

Injuries to persons 

Clearing wrecks 

Operating marine equipment 

Advertising 

Outside agencies 

Commissions 

Stock yards and elevators 

Rents for tracks, yards and terminals 

Rents of buildings and other property 

Stationery and printing 

Other expenses 

Total 



Amount. 



$423,197.44 
5,856.06 

4,421.93 
22,396,88 
2, 101.01 

7, 698. 05 
938,381.75 

74,665.56 
309,422.91 
429,441.58 

28,324.59 

18,095.68 

3,859,13 

198,324.13 

51,791.21 

84, 388. 75 

98,887.19 

291,882.20 

24, 689. 25 

1,005.31 
53,428.00 
16,203.47 
73,887.10 
38,382.59 

7, 939- 30 

13,850.88 

21,516. 11 

105.878.37 

5,524.83 

995. 62 

21,032.76 

4, 206. 26 
44,040.59 

i,73i 42 
2,023,394.79 



110 



N. C. CORPORATION COMMISSION. 
OPERATING EXPENSES— Continued. 



Item. 



General Expenses— 

Salaries of general officers 

Salaries of clerks and attendants 

General office expenses and supplies 

Insurance 

Law expenses 

Stationery and printing (general offices) 

Other expenses 

Total 

Recapitulation of Expenses — 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings — entire line 

Operating Expenses— State of North Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total 

Percentage of expenses to earnings 



Amount. 



$68,247.07 
52,010.64 
14,465.47 
16,276.41 
41,531.08 
9,577-07 
4, 042. 89 



206,150.62 



1,143,671.09 
938,38i.75 

2,023,394.79 
206, 150. 62 



4,3", 



56.8 



567, 260. 86 

465.437.35 

1,003,603.82 

102,250.71 



2,138,552.74 



56.8 



RENTALS PAID. 

A. RENTS PAID FOR LEASE OF ROAD. 



Name of Road. 


Cash. 


Total. 




$31,000.00 
6,276.00 


$31,000.00 
6, 276. 00 








37,276.00 


37, 276. 00 





B. RENTS PAID FOR LEASE OF TRACKS, YARDS AND TERMINALS 



Designation of Property. 


Situation of Property 
Leased. 


Name of Company Own- 
ing Property Leased. 


Total. 




Garysburg to Weldon 

Robbins to Augusta 


S. A. L. Railway __. 


$5,632.08 
7 , 000. 00 


Track 


C. & W. C. Railway 

Wilmington St. Rwy. Col 
A.C.L \ 




Yards 


. .do 


3, 000. 00 


Yards 




Southern Railway J 


5, 400. 68 










21,032.76 









ATLANTIC COAST LINE RAILROAD COMPANY 



111 



EMPLOYEES AND SALARIES— Entire line. 



Class. 



Number. 



Total 
Nuracer 
of Days 
Worked 



Total Yearly 
Compensation. 



Average 
Daily 

Compen- 
sation. 



General officers 

Other officers 

General office clerks 

Station agents 

Other station men 

Enginemen 

Firemen 

Conductors 

Other trainmen 

Machinists 

Carpenters 

Other shopmen 

Section foremen 

Other trackmen 

Switchmen, flagmen and watchmen 

Telegraph operators and dispatchers 

Employees — account floating equipment 

All other employees and laborers 

Total (including "General Officers")-- 

Less "General Officers" 

Total (excluding "General Officers") 

Distribution of Above— 

General administration 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

Total (including "General Officers") 

Less "General officers 

Total (excluding "General Officers") 

Total (including "General officers") entire 
line 



H 

21 

98 
242 
649 
189 
198 
126 
322 

94 
265 
463 
195 
1,248 
117 

99 

26 

73 



4,439 



4,425 

152 
1,490 

822 
1.975 



4,439 
14 



4,425 



5,no 

7,665 

35, 57o 

88,330 

214,170 
62, 370 
65, 340 
41,580 

106, 260 
29,328 
82,680 

M4,456 
7i,i75 

389,376 

38,610 

36, 135 

5,334 

22,776 



$68, 247. 06 
49, 640. 28 
52, o 10 . 64 
121,343.88 
282, 364. 08 
253,645.20 
81,884.16 
114, 700.08 
115,640.64 
72,144.36 
129,618.60 
170, 278.04 
90, 378. 00 
288, 792. 84 
40,306.32 
64,572 00 
8, 706. 42 
42,629.64 



1,446,265 
5,uo 



2,046,902. 24 
68, 747.06 



1,441,155 

54,273 
475,215 
256,464 
660,313 



1,446,265 

5, no 

i,44i,i55 



4,425 I,44i,i55 



1,978,655.18 

175,591-74 

408, 186. 86 

372,041.00 

1,091,082.66 

2,046,902. 24 

68,247.06 

1,978,655.18 

1,978,655.18 



112 



N C. CORPORATION COMMISSION. 
COMPARATIVE GENERAL BALANCE SHEET. 



Cost of road 

Cost of equipment 

Stocks owned 

Bonds owned 

Cash and current assets 

Grand total 

LIABILITIES 

Capital stock 

Funded debt 

Current liabilities 

Profit and loss 

Grand total 



june 30, 1900. 



Total. 



$53, 753, 775- 76' 

4, 8 59, 150.60- 

304,758.72 

143,000.00 

4,455,382.82 

63,516,067.30 

34,280,500.00 

24,426,500.00 

2,464,430.63 

2,344,636.67 

63,516,067.30* 



TRAFFIC AND MILEAGE STATISTICS.— Entire Line. 



Column for 

Number 

Passengers, 

Tonnage, Car 

Mileage, 

Number of 

Cars, etc. 



Passenger Traffic— 

Number of passengers carried earning revenue „ 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road- 
Average distance carried — miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic — 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton— miles 

Total freight revenue 



1,269,602 
64,591,778 
35, 964 
50.87 



3,069,790 
374, 167, 882 
208,335 
121.89 



Columns for Revenue 
and Rates. 



Dollars. 



1,529,218 
1 



2,013,545 



5,245,306 



Cents 



56 



Mills. 



448 
367 



3 
834 



ATLANTIC COAST LINE RAILROAD COMPANY. 



113 



TRAFFIC AND MILEAGE STATISTICS— Continued. 



Item. 



Column for 

Number 

Passengers, 

Tonnage, Car 

Mileage, 

Number of 

Cars, etc. 



Columns for Revenue 
and Rates. 



Freight Traffic— Continued. 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total, Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 

Car Mileage, Etc— 

Mileage of passenger cars 

Average number of passenger cars in train 

Average number of passengers in train 

Mileage of loaded freight cars — north or east 

Mileage of loaded freight cars — south or west 

Mileage of empty freight cars — north or east 

Mileage of empty freight cars — south or west 

Average number of freight cars in train 

Average number of loaded cars in train 

Average number of empty cars in train 

Average number of tons of freight in train 

Average number of tons of freight in each loaded car- 
Average mileage operated during year 

Train Mileage— 

Mileage of revenue passenger trains 

Mileage of revenue mixed trains 

Mileage of revenue freight trains 

Total revenue train mileage 

Mileage of non-revenue trains 



Dollars. 



5,250,460 

2,923 

2 

7,586,745 
4,224 

4,3",598 
2,400 



3,275,147 
1,823 



10,616,604 

4-75 - 

4 

22,394,237 . 

14,446,517 L 

4,918,080 1. 

12,859,714 L 

22.75 - 

15.35 - 

7.40 . 

155.86 . 

10. 16 L 

1,795.99 I- 

2,079,365 

154,587 

2, 246, 144 



Cents 
70 

01 
•88 

43 

10 



4, 480, 096 
161,364 



2 



114 



N. C. CORPORATION COMMISSION. 
DESCRIPTION OF EQUIPMENT. 



ITEM. 


No. 
Added 
During 
Year. 


Total 

No. 

at End 

of 
Year. 


equipment fitted 
with train 

BRAKE. 


EQUIPMENT FITTED 

WITH AUTOMATIC 

COUPLER. 




No. 


Name. 


No. 


Name. 


Locomotives— 

Passenger } 

Freight j 


3 
I 


171 
21 


171 
21 


Westiughouse— 
Westinghouse__ 


169 
21 


f Tower and 
1 Janney. 

| Tower and 
( Janney. 




Total locomotives in service 


4 


192 


192 


Westinghouse— 


190 


j Tower and 
1 Janney. 


Total locomotives owned 


4 


192 


192 


Weslinghouse— 


190 


j Tower and 
| Janney. 


Cars in Passenger Service— 




72 
20 

33 
42 


72 
20 

33 

42 




r 67 
1 3 

1 ; 

i 17 

1 30 

2 

42 


Janney. 
Gould. 








Gould. 

Janney. 

Janney. 












___ 


Gould. 
Janney. 






1 


Total 


3 


167 


167 




167 










In Freight Service— 


281 
219 


3,347 

1,321 

58 
528 


2,973 

750 
36 




f2,4°9 

1 759 

\ 'I 

I 53 

i,32i 

( 29 
( 22 


fanney. 

Tower. 

Gould. 

Trojan 

Thurmond. 

Chicago. 

Buckeye. 




'826 Janney 

418 Tower 

2 Gould 

21 Trojan 

53 Thurmond 
1 Diamond __ 








Janney. 




37 




Tower. 












Total 


537 


5,254 


3,759 




4,726 










In Company's Service— 


5 

36 

3 

20 


6 
124 
25 

r; 


6 
2 

14 
23 
7 




r 6 
92 


Janney. 
Janney. 






1 Gould. 






8 

\ 166 

2 

38 

1 

3 

3 

I 3 


Tower. 
Janney. 
Buckeye. 
Tower. 


Caboose cars 1 






Gould. 
Janney. 
Tower. 
Trojan. 








Total 


371 


47 




37i 















5,792 


3,973 




5,264 














5i6 


5,792 


3,973 




5,264 











ATLANTIC COAST LINE RAILROAD COMPANY. 



115 



FREIGHT TRAFFIC MOVEMENT— Entire Line. 



Commodity. 



Products of Agriculture— 

Grain 

Flour 

Other Mill products 

Hay 

Tobacco 

Cotton 

Fruit and vegetables 

Oranges 

Melons 

Products of Animals— 

Live stock 

Dressed meats 

Other packing house products 

Poultry, game and fish 

Wool 

Hides and leather 

Products of Mines — 

Anthracite coal 

Bituminous coal 

Stone, sand and other like articles. 

Products of Forest— 

Lumber 

Logs 

Wood 

Manufactures— 

Petroleum aud other oils , 

Sugar 

Naval stores 

Iron, pig and bloom 

Iron and steel rails 

Other castings and machinery 

Bar and sheet metal .__ 

Cement, brick and lime 

Agricultural implements 

Wagons, carriages, tools, etc 



Freight 

Originating 

on this 

Road. 



Whole Tons. 
46,310 
34,8i7 
28, 723 
",546 
4i,39i 
79, 023 
92, 766 



Freight 
Received 

lrom Con- 
necting 

Roads and 

other 

Carriers. 



20,621 

4,4i8 

42 

2,218 

18,582 
149,260 

560, 668 
544, 606 
95,021 

34,"o 

5,819 

31,092 



3,846 

20, 736 

H, 197 

57,85i 

508 

4,284 



Whole Tons. 
41,927 
29, 199 
18,531 
20, 215 
14,728 
11, 212 
45,175 
1,682 
15,070 

6,218 

23, 107 

1,490 



3,302 

72,485 
4,217 

85,712 



12, 180 

4,39i 

2,871 

937 
9,59° 
21,30? 
52, 273 
15,825 
60c 
4,277 



Total 
Freight Tonnage. 



Whole Tons. 


Per Cent. 


88, 237 


2.88 


64,016 


2.09 


47,254 


i-54 


3i,76i 


1.04 


56, 119 


1.80 


90, 235 


2.94 


137,941 


4.49 


1,682 


.06 


17, 270 


• 56 


14,428 


•47 


43,728 


,43 


5,9o8 


.19 


42 




5,52o 


.18 


91,067 


2.97 


153,477 


5- 00 


646, 380 


21.06 


544, 606 


17.74 


95,02i 


3- 10 


46, 290 


I-5I 


10,210 


• 33 


33,963 


1. 11 


937 


•03 


13, 436 


.44 


42, 038 


i-37 


66,470 


2.17 


73, 676 


2.40 


1,108 


.04 


8,561 


.28 



116 



N. C. CORPORATION COMMISSION. 



TRAFFIC FREIGHT MOVEMENT— Continued. 



Commodity. 


Freight 

Originating 

on this 

Road. 


Freight 
Received 
from Con- 
necting 
Roads and 

other 
Carriers 


Total 
Freight Tonnage. 


Manufactures — 


Whole Tons. 

4,912 

7,182 

257,4" 

67,348 

129,871 


Whole Tons, 

4,539 

3,086 

35,i8o 

31,688 

97, 192 


Whole Tons. 
9,45i 
10, 268 

292,591 

99, 036 

227, 063 


Per Cent. 

• 31 

• 33 

9-53 
3.22 

7-39 








Miscellaneous : Other commodities not men- 






2,379,589 


690,201 


3,069,790 









MILEAGE. 

A. MILEAGE OF ROAD OPERATED (ALL TRACKS). 





LINE REPRESENTED 
BY CAPITAL STOCK. 


Line 

Operated 

Under 

Lease. 


Line 
Operated 

Under 
Trackage 

Rights. 


Total 
Mileage 
Operated. 


RAILS. 




Main Line. 


Branches 
and Spurs. 


Iron. 


Steel. 


Miles of single 


1,005.85 
255,97 


705-39 


53-56 


31.19 


i,795.99 
255.97 


68.82 


1,727.17 


Miles of yard track 
and sidings 













B. MILEAGE OF LINE OPERATED BY STATES (SINGLE TRACK). 





LINE REPRESENTED 
BY CAPITAL STOCK. 


Line 

Operated 

Under 

Lease. 


Line 
Operated 

Under 
Trackage 

Rights. 


Total 

Mileage 

Operated. 

133.U 

1 , 014. 89 

647.99 


RAILS. 




Main Line. 


Branches 
and Spurs. 


Iron. 


Steel. 


Virginia 

North Carolina 

South Carolina 


107.80 
549-03 

349. 02 


25-33 
462. 20 
217.86 






.15 
45- 24 
23- 43 


132.98 
969. 63 
624.56 


1.25 
52,31 


2-39 
28.80 


Total mileage 
operated (sin- 
gle track) 


1,005.85 


705.39 


53.56 


31.19 


1,795-99 


68.82 


1,727.17 



ATLANTIC COAST LINE RAILROAD COMPANY. 



117 



MILEAGE— Continued. 

C. MILEAGE OF LINE OWNED, BY STATES (SINGLE TRACK). 





LINE REPRESENTED 
BY CAPITAL STOCK. 


Total 
Mileage 
Owned. 


RAILS. 




Main Line 


Branches 
and Spurs. 


Iron. 


Steel. 




107. 80 

549- 03 

349. 02 

1,005.85 


25.33 
462. 20 
217 86 


133. 13 

1,011.23 

566. 88 


•15 
45.24 
21.82 


132.98 
965-99 
545- 06 








Total mileage owned (single track)— 


705-39 


1,711.24 


67.21 


1,644.03 



118 



N. C. CORPORATION COMMISSION. 



Southern Railway Company, 



DIRECTORS. 



Name of Director. 



Alexander B. Andrews 

Joseph Bryan 

Charles H. Coster 

Harris C. Fahnestock__ 

William W. Finley 

Robert M. Galloway 

Samuel M. Inman 

Adrian Iselin, Jr 

Samuel Spencer 

Charles Steele 

Skipwith Wilmer 

James T. Woodward- 



Post-office Address. 



Raleigh, N. C 

Richmond, Va 

New York 

New York 

Washington, D.C 

New York 

Atlanta, Ga 

New York 

New York 

New York 

Baltimore, Md 

New York 



Date of Expiration 
of Term. 



October 23, 1900, or 
until their successors 
are elected. 



OFFICERS. 



Title. 



Name. 



I,ocation of Office. 



President 

First Vice President 

Second Vice-President 

Third Vice-President 

Secretary 

Treasurer 

General Counsel 

Assistant Counsel 

Solicitor 

Auditor 

Assistant Auditor 

Assistant General Manager 

Civil Engineer 

General Superintendent 

Assistant General Superintendent 

Superintendent Motive Power 

Purchasing Agent 

Superintendent of Telegraph . 

General Superintendent of Maintenance 



Samuel Spencer ._. 

A. B. Andrews 

W.W. Finley 

Frank S. Gannon. 

Josiah F. Hill 

H. C. Ansley 

Francis L. Stetson 
W. A. Henderson . 
Fairfax Harrison— 

A. H. Plant 

F H. Kemper 

W. H Green 

W. H. Wells 

J. H Barrett 

J. S. B. Thompson. 
W. H. Thomas „_. 

J. P. Minetree 

C. A. Darlton 

W H Peddie 



New York. 
Raleigh, N. C 
Washington, D.C. 
Washington, D.C. 
New York. 
Washington, D.C. 
New York. 
Washington, D.C. 
Washington, D.C. 
Washington, D.C. 
Washington, D. C. 
Washington, D.C. 
Washington, D.C. 
Washington, D.C. 
Atlanta, Ga. 
Washington, D.C. 
Washington, D.C. 
Washington, D.C. 
Washington, D.C. 



SOUTHERN RAILWAY COMPANY. 



119 



OFFICERS— Continued. 



Title. 


Name. 


Location of Office. 




J M. Culp — __ 


Washington, D. C. 
Washington, D.C. 
Washington, D.C. 
Washington, D.C. 




E. A. Niel 

W. A. Turk 

M V. Richards__ _ _ _ __ 











PEOPEETY OPEEATED— Entire Line. 

SOUTHERN RAILWAY MAIN LINK. 



TERMINALS 


Miles of 

Line for 

Each Road 

Named. 


Miles of 
L,1ne for 


From — 


To— 


Each 
Class of 

Roads 
Named. 






279-94 
179.30 
191.00 
I43.50 
228.40 
24L55 
150.85 
86.85 
415.00 
260. 70 
270. 50 










Charlotte, N. C - — _ 






Columbia, S C _ _ _ 


Greenville, S. C _ 




Salisbury, N. C _ _ __ _ _ 






Bristol, Tenn _ 








Miss. State Line near Clear Creek- 




Miss. State Line, near Wenesoga 








Austell, Ga __ _ 








York, Ala _____ _ 














2,447-59 









SOUTHERN RAILWAY BRANCH LINE MILEAGE. 



Teiminal 

Alexandria, Va 

Union Street Branch, Alexandria, Va. 
Manassas Branch — Manassas Jet., Va. 

Warrenton Branch— Calverton Va 

Pittsville Branch— Franklin Jet., Va_. 

Manchester Junction 

Belle Isle Junction 

Granite, Va 

Clarksville, Va _. 

Oxford, N. C 

Pomona, N, C 

As«heville, N. C. (Murphy Juuction) _. 
Charlotte, N C 



Freight House, Washington, D. C. 
Round Hill, Va 



Harrisonburg, Va 

Warrenton, Va 

Pittsville, Va 

Rockets, Va 

Belle Isle, Va 

Westham Granite Quarry. 

Durham, N. C 

Henderson, N. C 

Wilkesboro, N. C 

Murphy, N. C 

Taylorsville, N. C 



0.22 

50.12 

1.60 

[ii. 60 

8.90 

7.10 

1. 00 

0.70 

3.00 

56.80 

12.72 

[oo. 15 

[22.40 

65.65 



120 



N. C. CORPORATION COMMISSION. 
PROPERTY OPERATED— Continued. 

SOUTHERN RAILWAY BRANCH LINE MILEAGE. 



TERMINALS. 



From- 



To— 



Hodges, S C 

Belton, S. C 

Aiken Branch — Aiken 

Embreville Junction, Tenn 

Rogersville Junction, Tenn 

Clinton, Tenn 

K. & C. Junction— Knoxville, Tenn— 

Knoxville Belt 

Knoxville, Tenn 

Briceville "Y," Tenn 

Oliver Springs, Tenn 

Tuscumbia, Ala 

Moscow, Tenn 

Cleveland, Tenn 

North Rome, Ga 

Atlanta, Ga 

Howell, Ga 

Cochran, Ga 

Dock Junction, Ga 

Marion Junction, Ala 

Birmingham Junction, Ala 

Gurnee Junction, Ala 

Woodlawn, Ala 

North Birmingham, Ala 

Coalburg, Ala 

Cardiff, Ala 

Cardiff, Ala 

Offerman, Ala 

America Junction, Ala 

Henry Ellen, Ala 

Oakman, Ala 

Patton Junction, Ala 

Corona, Ala 

Castleman Bch— Castleman Jet., Ala. 

Lula, Ga 

Total Southern Ry Branch Twines. 



Abbeville, S C 

Anderson, S. C 

Edgefield, S. C 

Embreville, Tenn 

Rogersville, Tenn 

Harriman Junction, Tenn. 
Cumberland Gap, Tenn 



Maryville, Tenn 

Panola, Tenn 

Big Mountain, Tenn 

Florence, Ala 

Somerville, Tenn 

Cohutta, Ga 

Attalla, Ala 

Fort Valley, Ga 

Belt Junction, Ga 

Hawkinsville, Ga 

Turtle River Docks, Brunswick, Ga. 

Akron, Ala 

Mobile Junction, Ala 

Blockton, Ala 

End Belt Road, Bessemer, Ala 

Coalburg, Ala 

Mines "9" and " D", Ala 

Brazil Mines, Ala 

Blossburg, Ala 

Hooper Mines, Ala 

America, Ala 

Mines, Ala 

Coal Valley, Ala 

Patton, Ala 

No. 3 Mines, Ala 

Castleman, Ala 

Athens Ga 



Miles of 

Line for 

Each Road 

Named. 



".50 

9.98 

23-58 

13.00 

16.00 

30.60 

62.36 

5.85 

16.00 

3.70 

3.26 

7.60 

13.10 

14.80 

61.30 

102.30 

3-3° 

10. 10 

1.80 

53.oo 

34.00 

14.30 

20.50 

6.40 

2.60 

1.60 

1. 91 

0.60 

2.20 

0.71 

2.20 

1. 10 

0.90 

3-63 

38.93 



Miles of 
Line for 

Each 
Class of 

Roads 
Named. 



SOUTHERN RAILWAY COMPANY. 



121 



PROPERTY OPERATED— Continued. 

MILEAGE OF LEASED LINES. 



TERMINALS. 



From- 



North Carolina Railroad— 

Goldsboro, N. C 

Caraleigh Junction 

Atlanta and Charlotte Air-Line — 
Charlotte, N. C 

Georgia Midland Railway — 

McDonough, Ga 

Franklin and Pittsylvania Railroad — 
Pittsville, Va 



Richmond and Mecklenburg Rail- 
road— 

Keysville, Va 



South Carolina and Georgia Rail- 
road — 



To— 



Charlotte, N. C 

Caraleigh Mills, N. C. 



Atlanta, Ga 



Columbus, Ga_ 



Rocky Mount, Va_ 



Clarksville, Va. 



Augusta, Ga_-_ 
Columbia. S. C- 
Camden,S. C_. 



Tennille, Ga. 



Charleston, S. C 

Branchville, S C 

Kingsville, S.C 

Augusta Southern Railroad — 
Augusta, Ga 

Sumter and Wateree River Railroad — 

Wateree Junction, S. C Sumter, S. C 

Mobile and Birmingham Railroad — 

Marion Junction, Ala ! Mobile, Ala 

Atlantic and Danville Railway- 
Danville, Va f West Norfolk, Va 



James River Junction, Va 

Hitchcock Branch Junction,Va 

Buffalo Junction, Va 

Shoulders Hill, Va 

N. and S. C. R. R.— 

Virgilina, Va 

Lockhart Railroad— 

Lockhart Junction, S. C 

Total leased lines 



Claremont Wharf, Va 

Hitchcock Mills, Va 

Buffalo Lithia Springs, Va 
Shops, Va 



Mines, N. C 



Lockhart, S. C_ 



Miles of 

Line for 

Fach Road 

Named. 



221.65 
1.90 

268. 17 

97.88 
29.90 



i37-5o 
66.51 
37.10 

82. 50 

15.81 

148.55 

205. 10 

50.49 

8-33 

3.90 

9.98 

4.62 



Miles of 
Line for 

Each 
Class of 

Roads 
Named. 



Si. 435. 00 



122 



N. C. CORPORATION COMMISSION. 



PROPERTY OPERATED— Continued. 

OPERATED UNDER AGREEMENT. 



TERMINALS. 


Miles of 

Line for 

Each Road 

Named. 


Miles of 
Line for 


From— 


To— 


Each 
Class of 

Roads 
Named. 


Roswell Railroad — 




9.80 

179. 10 

23.20 

34.6o 

1.32 

.65 
34.10 




Southern Railway in Mississippi — 

Main Line (State line), Ala 

Percy Branch, S ton eville,, Miss 

Webb Branch, Itta Bena, Miss 






Percy, Miss (N. G.) _ 




Webb, Miss. _ _ 










tion. 

Columbus Branch, Passenger Sta- 
tion. 

Menphis and Charleston Railway (in 
Mississippi)— 

State Line, near Clear Creek 














Total operated under agree- 
ments. 




282. 77 







CONTROLLED BY OWNERSHIP OF SECURITIES. 



Asheville and Spartanburg Railroad- 
Biltmore, N. C 

Spartanburg, S. C 

State University Railroad- 
University, N. C 

North Carolina Midland Railroad — 
Mooresville, N. C 



High Point,Randleman, Ashboro and 
Southern Railroad- 



High Point, N. C 

Yadkin Railroad- 
Salisbury, N. C 

Elberton Air-Line Railroad — 

Toccoa, Ga 

Knoxville and Ohio Railroad — 

Main Line, Knoxville, Tenn 

New River Branch, Coal Creek . 

Southern Railway in Kentucky- 
Louisville, Ky 

Lawrenceville, Ky 

Versailles, Ky 



Spartanburg Junction, S. C 

Alston, S. C 

Chapel Hill, N. C 

Winston-Salem, N. C_i 

Ashboro, N. C 

Norwood, N. C 

Elberton, Ga 

Jellico, Tenn 

Cambria, Tenn 

Lexington, Ky 

Burgin, Ky 

Georgetown , Ky 



SOUTHERN RAILWAY COMPANY. 



123 



PROPERTY OPERATED— Continued. 

CONTROLLED BY OWNERSHIP OF SECURITIES. 



TERMINALS. 


Miles of 

Line for 

Each Road 

Named. 


Miles of 
I,ine for 


From— 


To- 


Each 
Class of 

Roads 
Named. 


Carolina Midland Railway — 




77-32 
7-94 

17.44 

130.95 
18.74 

".39 
1. 10 
2.02 
2.02 




Perry, S. C 


Seivern,S. C _ . . _ 




Seivern and Knoxville R. R— 


Seivern, S. C - 




Atlantic and Yadkin Railway— 
Sanford, N.C _ 








Ramseur.N. C _ _ _ _ _ 










Buff Quarry Branch, Gulf 


Buff Qua rrv, N.C 






Proximity Mills, N.C 




Granite Quarry Branch, Mt. Airy- 










Total controlled by owner- 




777-56 









TRACKAGE RIGHTS. 



Washington Southern R. R — 

Washington ,D. C 

Central of Georgia Railway — 

Peters Street 

Augusta and Summerville R. R— 

Entrance to Union Depot, Au 
gusta, Ga. 

Georgia Railroad- 
Entrance to Union Depot, Au- 
gusta, Ga. 

Entrance to Union Depot, At- 
lanta, Ga. 

Western and Atlantic R. R— 

W.& A. Crossing, Ga 

Alabama Great Southern R. R— 

Woodlawn 

Birmingham, Ala 

York, Ala 

Central Passenger Station 

Louisville and Nashville R. R— 

Entrance to Union Depot, Bir- 
mingham, Ala. 



Alexandria, Va. 



Union Depot, Atlanta, Ga. 



Dalton.Ga 



Birmingham, Ala 

Mobile Junction, Ala 

Meridian, Miss 

Louisa St. , Chattanooga, Tenn. 



6.95 

0.67 

o.93 

0.25 
0.83 



3- 60 
14.00 
27.03 

0.40 



124 



N. C. CORPORATION COMMISSION. 
PROPERTY OPERATED— Continued. 



TERMINALS. 



From- 



Louisville and Nashville R. R— 

L.& N. Junction 

Cumberland Gap,Tenn 

Lipscomb Street 

Kentucky and Indiana Bridge Co — 
Louisville, Ky 

Norfolk and Carolina R.R — 

Tarboro, N. C 

Wilmington and Weldon R. R — 

Selma.N. C 



Nashville, Chattanooga and St. 
Louis Railway — 



King Street 

Louisa Street, Chattanooga, Teun_ 
Atlantic Coast Line- 
Entrance to Depot, Sumter, S.C— 



Charleston and Western Carolina 
Railway — 



Allendale Junction, S.C 

Charleston and Savannah Railway. 
Yemassee, S. C 

Total trackage rights 



To— 



Union Depot, Florence, Ala 

Middlesboro, Ky 

Passenger Station, Mobile, Ala- 



Pinner's Point, Va 



Tarboro, N. C 



Louisa Street, Chattanooga, Tenn 
Stevenson, Ala 



Yemassee, S C. 



Savannah, Ga. 



Miles of 

Line for 

Each Road 

Named. 



o. 20 
5-46 
0.75 

6.90 



0.60 

38.00 



o.35 



34.70 



53.8o 



Miles of 
Line for 

Each 
Class of 

Roads 
Named. 



35t.52 



SUMMARY. 



Southern Railway Main Lines 

Southern Railway Branch Lines 

Leased Lines 

Operated under agreement 

Controlled by ownership of securities. 

Trackage rights 

Total Mileage operated 



2,447-59 
1,136.67 
i,435.oo 

282. 77 
777.56 
35L52 



6,431.11 



SOUTHERN RAILWAY COMPANY. 



125 



PROPERTY OPERATED— State of North Carolina. 



NAME. 


TERMINALS 


Miles of 

Line for 

Each Road 

Named 


Miles of 
Line for 

Each 
Class of 




From— 


To— 


Roads 
Named. 


i A. Southern Railway Co 


State Line, Va 

Charlotte- _ 


Greensboro 

S. C.State Line 


42.70 
11.50 
141.00 
44.40 














State Line Tenn ___ 






State Line,Va 


239.60 


i B. Southern Railway Co 


49.70 
12.72 

100. 15 
65.65 

122.40 








Greensboro 

Charlotte _ 


Wilkesboro 

Taylorsville 
















350. 62 


5. Wilmington and Weldon R.R_ 


54-88 
65.80 




State Line, Va 










120.68 






Total- 


710.90 













CAPITAL STOCK. 



DESCRIPTION. 


Number of 

Shares 
Authorized. 


Par [ Total Par 
Value of Value 
Shares. Authorized 


Total 
Amount 
Issued and 
Outstand- 
ing. 


DIVIDENDS DE- 
CLARED DURING 
YEAR. 




Rate. 


Amount 


Capital stock — Common 

Preferred 


I, 200,000 

600, 000 


$100.00 1 $120,000,000 
1 00. 00 60 , 000 , 000 


$120,000,000 
60, 000, 000 


3 per ct. 


$1,800,000 


Total 


I , 800 , 000 




180,000,000 











Manner of Payment for Capital 
Stock. 



Issued for reorganization — Common 
Preferred 



Issued for acquisition of stock of A. G. 
S. Ry. Co. Line (Prelerred). 

Issued for purchase of Memphis and 
Chas. property (Preferred). 

Issued for purchase of stock of S. C. 
and Ga. R. R. (Preferred). 

Total . 



Number of 
Shares Issued 
During Year. 



Cash Realized 

on Amount 

Issued During 

Year. 



Total Number 
Shares Issued 
and Out- 
standing. 



, 200, 000 

500 , 000 

43,000 

29, 904 

27, 096 



, 800, 000 



Total Cash 
Realized. 



126 



N. C. CORPORATION COMMISSION. 



C 3 « 
3Q0J 



1st 






£ g 



<u(o 



> 
o 


o 
O 


"3 


3 


CI 

O 


>> 
3 


>> 

3 


"3 


> 
o 
2: 


>> 
a 


j>) 


£ 


•—> 


•— i 


«*l 


l—i 


>— > 


i — i 


•— > 


i—l 


« 


=8 


« 


« 


« 


•8 


4 


*J 


■8 


E>> 







a 


Ih 


a 


a 


a 


>> 


a" 


a' 


§ 


<1 


>— > 


<—> 


< 


t-i 


C3 


CB 


§ 


« 


el 


^ 























«3 



O TT 1/3 M 



O H H 



BT3 
3 <U 

o a 
S to 



TJ- IO « 



Ea' 







































, — 






' 






"ana 
ushav 


5 
on 


00 

ON 


1 


NO 

ON 

ON 


00 

'ON 

On 


on 


ON 


on 

o 
2" 


ON 


o 

ON 


o 

o 

ON 


On 


2" 

On 


On 

o 

ON 


o 

2 


NO 

Ox 


o 

Sn 


o 


^5 

ON 


oo 

ON 


ON 


•anssi 

JO a^BQ 


ON 

00 


ON 
00 


CO 


00 

o 

GO 


00 


00 


CM 

CO 

oo 


ON 

CO 


oo 
oo 


ON 

00 


o 

cc 

oo 


oo 
oo 


oT 

CO 


£ 
f 


CO 


00 

oo 


O 

oo 


o 

cc 


NO 

3 


ON 

00 


00 
00 



.2 a 



a p 



£ tf « ti « 

o 

en 



5 £ 



i- t- ^ 






b <J w w w 



SOUTHERN RAILWAY COMPANY. 



127 



8 


8 


o 
o 


8 


8 


8 


o 
o 


8 


o 
o 


8 


o 

o 




o 
o 


CO 
CO 


CO 

CO 


d 


d 


d 


d 


d 


d 


d 


d 


d 


d 


d 




in 


co 


00 


o 


VO 


o 


o 


o 


o 


o 


o 


lO 


o 


m 




CO 


00 




VO 


GO 


o 


o 


o 


o 


o^ 


o 


t>» 


m 


o 




^ 


m 


CO 


ON 


rf 


o* 


v§ 


VO 


vf 


vd" 


ocf 


00 


lO 


cT 




o 


dv 


o" 


CO 






^ 




VO 


ro 


00 


VO 






co 


CO 




CO 




















N 








co 

in 


8 


O 


o 


8 


o 


o 


O 


O 


o 


O 


8 




o 


CO 


co 


o 


o 


o 


o 


o 


O 


o 


o 




o 


T 


M- 


d 


d 


d 


8 


d 


6 


d 


d 


d 


8 


d 




in 


^j. 


dv 


o 


vo 


o 


o 


o 


o 


o 


m 


LO 




CO 




r^ 


Vt) 


00 


o 


o 


o 


o 


o 


o 




m 


<J\ 






Cjv 


VO 


ON 


4 


d 






,£ 










n" 




o 


CO 


■* 


co 




•* 
























VO 


CO 




















w 




in 




CO 

in 


>> 


be 


>> 


O 
49 
















* 








3 


3 
















O 










< 


3 
•—I 


CO 


CO 


CO 


CO 


CO 


CO 


!z; 


"3 






i 


« 


« 


* 


«« 


« 


dtf 


« 


t 


*! 


a 


*} 













a 


<1 


u 

CO 


« 


u 

cd 


cC 


3 


ca 


>> 

CO 


s 








co 


CC 


s 


S 


£ 


s 


§ 


s 


§ 


co 








VO 


lO 


■<*• 


■«*■ 


VO 


VO 


VO 


■* 


m 


in 


m 


VO 








O 


o 


o 


o 


o 


o 


O 


o 


o 


o 


o 


o 


o 


t^ 


!--> 


o 


o 


o 


o 


o 


o 


O 


o 


o_ 


o 


o 


o 


o 


VO 


vO 


8 


8 


d 
o 


8 


d 

o 


8 


d 
o 


8* 


o" 

o 


d 

o 


d 
o 


8 


d 
o 


vd 

vO 


vd 


o 


o 


o 


o 


o 


o 


o 


o 


o_ 


o 


o 


r^ 


CN 


VO 


00 


■3 


c<r 


o 


8" 


o" 


d" 


d 


d* 


in 


d 


o> 


in 


o 


vd 


vo' 


00 


o 


o 


o 


o 








LO 




r^ 




00 


vo 




o 


















CO 


Ov 


ON 


































LO 




















^ 




o" 




o 


o 
o 


g 


o 

o 


o 

o 


o 
o 


o 

o 


8 


o 

o 


8 


8 


O 

o 


o 
o 


O 

o 


o 

o 


8 


o 


o 


o 


o_ 


o 


o 


o 


O 


o 


o 


o 


o 


o 


o 


o 


s 


vd 


o 


o" 


d 


8 


o 


d" 


in 


o 


dv 


d 


VO 


d 


vo" 


o 


o 


o 


o 


o 


in 


t^ 




in 


o 


LO 


LO 


o 


VO 






m 


VO 


Ov 




ov 


t-» 


CO 


00 


m 




m 


r^ 
































m 




















■* 




o 




- 


a 


8 

o 


o 


o 


o 


o 


o 


o 


o 


O 


o 


O 




o 




o 

o 


8 


o 
o 


8. 


8_ 


o 
o 


8^ 


o 
o 


o 
o 


o 
o 




8 




u 


8" 


o 


o 


o 


o" 


o" 


o 


in 


o 


o 


o* 




o" 




p> 


o 


o 


o 


a 


o 


LO 


t-^ 




o 


o 




LO 






o 


o 


LO 


vO 




Ov 


t^. 


CO 




m 






































8 


PI 


















N 






*"■ 




o 




























































«* 






























CM 


Sf 


m 

85 




* 


M 


VO 


H 


VO 


ro 


VO 

ro 


CO 








CTv 


On 


£"' 


o\ 


ON 


Ol 


ON 


o\ 


a> 


o> 


Sv 








N 


I 


m 


Ov 














vo 


C3V 








00 


00 


CO 


DO 


00 


CO 


CO 


00 


00 


GO 


t-^ 








00 


00 


00 


00 


00 


00 


CO 


cc 


00 


CO 


CO 


































en 

c 






























o 




















































































































bfi 




_bo 






1) 

be 


0£ 


















CO 




o 


"ca 




co 


V 
















o 


a 


U5 




«J 


60 


-M 


be 

CO 
















a 


o 


3 
O 


o 


W) 


o 

a 
si 

co 

CT 


tx 


be 


















11 


tj 


5° 
be 

ti 

o 

a 

05 
U 


O 

a 


o 

a 
n 

43 


to 

'i-i 


pq 


o 
"C 


Q 


■c 


.2 


L- 


in 

m 

d 

CO 


ID 

bo 
co 
bo 

4 1 


H 
o 

1 


S3 
as 
u 
O 


Cf3 


w 


«8 


!* 


CO 


CO 


CO 


CO 


CO 


CO 






(U 


oJ 


fc> 


« 


8 


8 


H 


s 


H 


?: 


c 



o 


H 






6 


c 


co 


<3 


> 


> 


i> 


> 


> 


► 









128 



N. C. CORPORATION COMMISSION. 





rfl 






£ 






O 




id 


H 




C3 


< 




a 





■a 


i4 


§ 


o 


M 




O 


O 


«! 


1 


H 


H 


H 


rfi 




PQ 


P 


A 


W 


ri 




P 


H 


P 


H 


2 


W 


Irt 


rl 


P 


w 




fe 


s 


< 


P 


Ph 


f=H 


a 
W 







2 


(0 


u5 


or 


U5 


in 




























a 


H 


a 


a 


a 


a 


a 


a 


a 




V 


u 


HI 


<JJ 


<u 


u 


u 


u 


V 




B 


£ 


S 


e 


S 


a 


a 


a 


a 


tr. 


>> 


>» 


>> 


>> 


>» 


!>> 


s>> 


>> 


>> 


M 


CS 




03 


01 


rt 


CS 


ca 








p. 


a 


a 


ft 


a 


P. 


P. 


a 


& 


e 


>) 


S* 


>■ 


>> 


>, 


>> 


>» 


>> 


>> 




















<ii 


,C 


A 


4= 


X 


A 


J 


,0 


x 


x 


« 




















a 


a 





a 




a 


a 


a 


a 




o 


o 





o 


o 


o 


o 


o 


o 




a 


§ 


% 


£ 


<, 


S 


§ 


% 


§ 



ID £J 

a y 

C/3 CO 



.2 R 



o * 

bflg 
O *-i 

o 

CO 



ja j 



O § P § 



a a 



a a 



.5 .5 .5 .5 

£ S S £ 



5 a 



£ § 



H H 



O P< 



SOUTHERN RAILWAY COMPANY. 



129 



FUNDED DEBT— Continaed. 

B. STATEMENT OF AMOUNT. 



Series or Other Designation. 


Deferred Pay- 
ments- 
Principal. 

Amount Out- 
standing. 


Deferred Payments— Interest. 




$62, 500. 00 

8,159-68 

18,000.00 

15, 149- 80 

30, 080. 49 

321,281. 11 

323,256.90 

830,138.87 

201,319.40 


") 


Ohio Falls Car Co. . _ _ _ . 






■Interest inclu'din these^notes. 


Ohio Falls Car Co _ _ __ _ _ 




J 








J- Interest not included. 




| 






Total 


1, 809, 886. 26 









BECAPITULATION OP FUNDED DEBT. 



CLASS OF DEBT. 



Amount 
Issued. 



Amount 
Outstanding. 



Amount Ac- 
crued During 
Year. 



Amount Paid 
During Year. 



Mortgage bonds 

Miscellaneous obligations 

Equipment Trust Obligations 



$107,156,000.00 
4, 550, 000. 00 



$104, 970, 200. 00 
2,916,666.67 
1, 809, 886. 26 



$5, 230, 735- 00 
133,944.43 



111,706,000.00 



109,696,752.93 



5,364,679.43 



$5,230,735.00 
139,583.33 



5,370,318.33 



EECAPITULATION. 

FOR MILEAGE OWNED. 





Total Amount 
Outstanding. 


Apportion- 
ment to 
Railroads. 


AMOUNT PER MILE OF LINE. 




Miles. 


Amount. 


Capital stock- __ _ . __ 


$180,000,000.00 

107,886,866.67 

1,809,886.26 


All __ 


3,862.58 
3,862.58 
3, 862. 58 




Bonds 


All 




Equipment Trust Obligations 


All 




Total _ 


289,696,752.93 


All 


3,862.58 


$75, 000. 00 







130 



N. C CORPORATION COMMISSION. 



CURRENT ASSETS AND LIABILITIES. 



CASH AND CURRENT ASSETS AVAILABLE FOR PAYMENT OF CURRENT LIABILITIES 

Cash 

Bills receivable 

Due from agents j 

Due from solvent companies and individuals 

Net traffic balance due from other companies 

Total— cash and current assets 

Total 

CURRENT LIABILITIES ACCRUED TO AND INCLUDING JUNE 30, I90O. 

Audited vouchers and accounts 

Wages and salaries 

Matured interest coupons unpaid (including coupons due July i) 

Rents 

Total — current liabilities 

Balance — cash assets 

Total 

Materials and Supplies on hand, $2,202,221.06. 



83,978,391.70 

55,845.95 

555,107.23 

1,376,227.90 

190,968.22 



6,156,541.00 



6,156,541.00 



2,715, 101.10 

1, 114,111.60 

1,752,465-86 

156,601.41 



5,738,279.97 
418,261.03 



6,156,541.00 



OPERATING EXPENSES. 



Item. 



Recapitulation of Expenses — 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings — entire line— 

Operating Expenses— State of North Carolina 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes -including war revenue , 

Total 

Percentage of expenses to earnings 



$4,656,703.97 
4,630,466.00 

10,454,754-97 
1,007,143.46 



20, 749, 068. 40 



66.58 



424, 388. 46 
475,898.62 
876,093.99 
96,539.28 
61,775.22 



1,934,695.57 



61.44 



SOUTHERN RAILWAY COMPANY. 



131 



FOR MILEAGE OPERATED. 



NAME OF ROAD. 



Capital Stock. 



Southern Railway Co. (as w 80, 000,000.00 
per Table " A ". 



LEASEHOLD ESTATE. 

North Carolina R. R. Co. 



Atlanta and Charlotte Air- 
Line Railway Co. 



Georgia Midland Ry. Co 

So. Car. and Ga. R. R. Co _ 
Aug. Sou. R. R. Co 

Sum. and Wat. River R R. 
Mobile and Bir'gham R. R_ 

Rich and Meek. R. R 

Atlantic and Dan. R. R ._. 

OTHER OPERATED LINES. 

Asheville and Spar. R. R__ 
Elberton Air- Line Ry. Co _ 



Franklin and Pittsylvania 
R. R. Co. 

High Point, Randleman 
Ash and So. R. R. Co. 

Knoxville and Ohio R. R _ 

Memp. and Charles. R. R 

N. C Midland R R 

Roswell R. R 



Southern Railway in Ken- 
tucky , 



Southern Ry. in Miss_ 

Lockhart R R 

State University R R 
Yadkin R. R 

Grand total 



$200, 000 . 00 



180, 200,000,00 



Funded Debt 
and Outstand- 
ing Securities 
of Leasehold 
Estate 



*#io7, 886, 866. 67 $287, 886, 866. 67 



a$4,ooo, 
b 7,200, 

c 1,650, 
C 5, 250. 
c 400, 

c 100. 

b 2, 700, 
c 315, 
b 4,337, 



000. 00 
000 . 00 

000. 00 
000. 00 
000. 00 
000. 00 
000. 00 
000 . 00 
200. 00 



133,874,066.67 



4, 000, 
7, 200, 

h 650, 

5,250, 
4co, 
100, 

2, 700, 
315, 

4,337, 



000. 00 
000 . 00 

000.00 
000. 00 
000. 00 
000. 00 
000.00 
000. 00 
200. 00 



200,000.00 



35, 000. 00 



314,074,066.67 



AMOUNT PER MILE OF LINE. 



Miles. 



3,853.18 



223.55 
268.17 

97.88 
241. 11 

82.50 

15.81 
148.55 

31.30 
282.42 

133.90 
50.60 
29.90 

26.80 

69.32 
34.10 
53.62 
9.80 
123.20 

238.87 
13.81 
10.20 



6,079.59 



Amount. 



516.60 



The difference of 9.40 between miles owned and miles operated is mileage of line between Orange 
and Gordonsville, Va., owned by company but leased and operated by the Chesapeake and and Ohio 
Railway Company. 

* In considering the amount of the capital stock and funded debt per mile of road operated, 
shown in Table "B," it should be borne in mind that the capital stock and the First Consolidated 
Mortgage Bonds of the Southern Railway Company cover not only the mileage of certain roads 
owned and operated in the Southern Railway System, but also cover, through ownership of securi 
ies and through collateral trusts, large interests in other lines of railroad and other properties not 
operated as a part of the Southern Railway System not shown above. 
a Capital Stock, b Stocks and Bonds, c Bonds only. 



132 



N. C. CORPORATION COMMISSION. 



INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Dividends on stocks owned 

Interest on bonds owned 

Miscellaneous income— less expenses. 

Income from other sources 

Total income 

Deductions from Income— 

Interest on funded debt accrued- 



Interest on interest-bearing current liabilities accrued, not other- 
wise provided for 



Rents paid for lease of road 

Taxes 

Other deductions 

Total deductions from income 

Net income 

Dividends, 3 per cent preferred stock 

Total 

Surplus from operations of year ending June 30, 1900 

Surplus on June 30, 1899 [from "General Balance Sheet," 1899 Report]. 
Additions for year— miscellaneous net profit 

Surplus on June 30, 1900 [for entry on "General Balance Sheet"] 



$31,166,282.29 
20, 749, 068. 40 



240,471. 21 
35,946.67 
42, 387. 60 



5,364,679.43 

13,022.53 

1,390,762.87 

1,047, 79°' 86 

2,512.18 



1,800,000.00 



$10,417,213.89 



318,805.48 
10,736,019.37 



7,818,767.87 



2,917,251-50 



1,800,000.00 



1,117,251.50 
2,366,563.88 



26,886.48 
3,510,701.86 



RENTALS RECEIVED. 



Designation of 
Property. 


Situation of Property 
Leased. 


Name of Company Using 
Property Leased. 


Item. 


Item. 


Tracks _ __ _ 


Greensboro, N. C 

Waynesville, N. C 


J. C. Hendley __ 


$170.07 
94.28 






W. H. Cole Lumber Co— 








Total 




$264. 35 




Hickory, N. C— 


C. and N. W. R. R 

C. and N. W. R. R 


120.00 
120.00 




Newton, N C 










Total _ _ 




230. 00 














494.35 


received. 









SOUTHERN RAILWAY COMPANY. 
MISCELLANEOUS INCOME. 



133 



Item, 



Net Miscella- 
neous Income. 



Net income from compress i.nd other property 

Net earnings from Shepherd's Ferry 

Total 



$28,9:0.85 
13,476.75 



42,387.60 



COST OP ROAD, EQUIPMENT, AND PERMANENT IMPROVEMENTS. 



Item. 


Expenditures 
During Year 
Charged to 

Construction or 
Equipment. 


Total Cost to 
June 30, 1899. 


Total Cost to 
June 30, 1900. 


Cost Per 
Mile. 


Construction— 


$6,199.58 
23,111.32 
7i,43L27 

320,303.58 

3,380.00 

40,915.63 

24,768,47 

130,616.94 








Right-of-way and station grounds 
































































620, 726. 79 


$252, 877, 040. 02 


$253, 832,997. 02 


$41,751.66 




Equipment — 


113,970.44 

2,057.79 

21,340.00 
















Floating equipment _ 


















137,368.23 
620, 726. 79 


12,507,307.95 
252, 877. 040. 02 


12,654,736.18 
253,832,997.02 


2,081.51 
41,751.66 






Grand total cost construction, equip- 


758,095.02 


265,384,347.97 


266,487,733.20 


43,833.i7 





134 



N. C. CORPORATION COMMISSION. 
EARNINGS FROM OPERATION— North Carolina. 



Item. 



Passenger revenue 

I,es8 payments- 
Tickets redeemed 

Excess fares refunded 

Other repayments 

Total deductions 

Total passenger revenue 

Mail 

Express 

Extra baggage and storage 

Other items 

Total passenger earnings 

Freight— 

Freight revenue 

I,ess repayments — 

Overcharge to shippers 

Other repayments 

Total deductions 

Total freight revenue 

Total freight earnings ' 

Total passenger and freight earnings 

Other Earnings from Operation — 

Switching charges— balance 

Car mileage— balance 

Hire of equipment— balance 

Rents from tracks, yards and terminals 

Rents not otherwise provided for 

Other sources 

Total other earnings 

Total gross earnings from operation — N. C. 

Total gross earnings from operation — en- 
tire line. 



Total 
Receipts. 



$668,650.78 



2,373,498.45 



Deductions. 

Account of 

Repayments, 

etc. 



$3,162.07 



3, 162. 07 



70,994.93 



70,994.93 



Actual 
Earnings. 



$665,488.71 

98,313-76 

58,782.47 

13,038.58 

1,473-25 



837,096.77 



2,302,503.52 
2,302,503.52 



2, 139, 600. 29 

1,435-15 
1,947.91 
2,118.46 
494- 35 
547.56 
2,582.92 



9,126.35 

3, 148, 726. 64 

31,166,282.28 



SOUTHERN RAILWAY COMPANY. 



135 



STOCKS OWNED. 

A. RAILWAY STOCKS. 



Name. 



I. 
Alabama Great Southern Rwy. Co., Limited— Class A 
Alabama Great Southern Rwy. Co,, Limited — Class B 

Knoxville and Ohio R.R.Co 

Southern Rwy. Co. in Kentucky 

Atlantic and Yadkin Rwy. Co 

Asheville and Spartanburg R.R.Co 

Augusta and Summerville R.R.Co 

C. N. O. and T. P. Rwy. Co 

Central Transfer Rwy. and Storage Co 

Danville and Western Rwy. Co 

Danville, Mocksville and So. W. R.R.Co 

Elberton Air-Line R.R.Co 

Georgia Midland Rwy. Co 

Hartwell Rwy. Co 

High Point .Randleman, Ashboro and Southern R.R_ 

Lawrenceville Branch R.R.Co 

Mobile and Birmingham R.R.Co. — common 

North Carolina Midland R.R.Co 

Northern Alabama Rwy. Co_ 

Richmond and Mecklenburg R.R.Co 

South Carolina and Georgia R. R. Co 

State University R.R.Co 

Spartanburg, Union and Columbia R.R.Co 

Yadkin R.R.Co 

Carolina Midland Rwy. Co 

Seivern and Knoxville R.R.Co 

Total =. 

II. 

Miscellaneous securities in treasury unpledged 

Total I and II 



Par Value. 



$1,725,000.00 

4, 605, 550, 00 

1, 117,300.00 

1,000,000.00 

1,000,000.00 

1,047,981.83 

66, 700. 00 

400. 00 

25, 000. 00 

368 , 600. 00 

50, 200. 00 

qo, 050. 00 

1,000,000.00 

20,000.00 

212,500.00 

75.00 

875,400.00 

787, 600. 00 

1,525,100.00 

300, 000. 00 

3,621,300.00 

16, 800. 00 

1,000,000.00 

462, 750. 00 

532,500.00 

140, 000. 00 



21,590,806.83 



3, 565, 400. 00 



25, 156, 206. 83 



Dividend 
Received. 



$97,084.13 



98,084. 13 



140, 798. 28 



238,882,41 



Valuation. 



$10,951,111.65 



1,086,960.16 



12, 038,071.81 



136 



N. C. CORPORATION COMMISSION. 



B. OTHER STOCKS. 



Name. 


Par Value. 


Dividend 
Received. 


Valuation. 


I. 
Chesapeake Steamship Co. stock 

Chesapeake Steamship Co. certificate of indebtedness— 


$400,000,00 
250, 000. 00 
1,750.00 
25, 500. 00 
16,600.00 
25,000.00 
53,846.07 










$100.80 




Sheffield Machine Works _ 










South Atlantic Export Co 








1,488.00 








Total 


772,696.07 


1,588.80 


$649,735.42 


II. 


368,614.71 




299,449.36 






Total I and II 


1,141,310.78 


1,588.80 


949, 184. 78 




Grand Total 


26,297,517.61 


240,471.21 


12,987,256.59 



RENTALS PAID. 

A. RENTS PAID FOR LEASE OF ROAD. 



Name of Road. 


Interest on 

Bonds 
Guaranteed. 


Dividends on 

Stock 
Guaranteed. 


Cash. 


Total. 


North Carolina R. R _ 






$266, 000. 00 
35, 300. 00 










35, 300. 00 




$12,600.00 
358,750.00 






$102,000.00 


4, 000. 00 
1,050.00 

69, 498. 64 
6,022.56 

6, 125.00 


464,750.00 
1,050.00 

69, 498. 64 
6, 022. 56 

6,125.00 
49, 500. 00 
267,083.33 


Athens Belt Line _ _ _ _ 


Wilmington and Weldon and Norfolk 
and Carolina Railroad. _ _ _ 












Charlotte and Western Carolina Rail- 








49,500.00 

267,083.33 

20, 000. 00 

78, 000. 00 




South Carolina and Georgia Railway 










Mobile and Birmingham Railroad 


9, 000. 00 




87,000.00 
105,833.34 


105,833.34 








Total rents A __ 


785,933.33 


111,000.00 











SOUTHERN RAILWAY COMPANY. 



137 



RENTALS PAID— Continued. 
B. RENTS PAID FOR LEASE OF TRACKS, YARDS AND TERMINALS. 



Situation of Property. 



"Tracks— 

Augusta, Ga 

Tecumseh, Ala 

Clifton and Converse, S. C 

Atlanta, Ga 

■Chattanooga to Stevenson, Ala 

Dalton, Ga 

Atlanta, Ga 

Louisville, Ky 

Peter's Spur, Ala 

Atlanta, Ga 

Louisville, Ky 

Louisville, Ky 

-Sanford, N C 

Louisville, Ky 

Sheffield, Ala 

Selma, Ala 

Alexandria, Va., to Long Bridge 

Alexandria, Va , to Washington, D C— 
Express. 

Alexandria, Va., to Washington, D. C. — 
Passengers and milk. 

Alexandria, Va., to Washington, D C— 
Mail. 

York, Ala , to Meridian, Miss 

Mobile Junction to Birmingham, Ala 

Mobile Junction to Birmingham, Ala. — 
Passengers. 

Woodlawn Junction to Birmingham, Ala_ 

.\iiddlesboro, Ky 

Louisviile, Ky 

Cumberland Gap Tunnel 

Shelby to Lawndale, N. C 

Macon, Ga 

Alexandria, Va 

Lynchburg, Va 

Lynchburg, Va r 

Winona, Miss 



Name of Company or Party Owning 
Property. 



North Augusta Land Co 

Tecumseh Iron Co 

Clifton Manufacturing Co 

Central of Georgia Rwy 

N C. and St. L Rwy Co 

N. C. and St. L. Rwy. Co 

N. C. and St. L Rwy. Co 

Illinois Central R. R 

Climax Coal Co 

Georgia R. R 

Ky. and Ind. Bridge Co 

Louisville Bridge Co 

Wilmington and Weldon R. R 

Louisville Terminal R. R 

Lady Ensley C. I and R R. Co 

Selma Street and Sub. R. R 

P. W. and B. R. R 

P. W and B R. R 

Pennsylvania R. R 

Pennsylvania R. R 

A. G. S. R R Co 

A. G. S R. R. Co 

A. G. S. R. R. Co 

A. G. S R. R. Co 

L. and N. R. R 

L. and N. R. R 

L. and N. R. R 

S. C. and G. Ext. R. R 

Macon, Dublin and Savannah R. R 

Estate of Thos. W. Swann 

C. M Blackford 

W. E Peter 

W. H. Holmes 



Amount. 



$600. 00 

288.00 

6,000.00 

7,871.00 

60 , 000. 00 

3, 000. 00 

22,515.00 

136. 74 

52.00 

9 , 600. 00 

446.40 

2.07 

270.92 

450. 00 

35-00 

12.00 

6, 249. 96 

3,363.6o 

53,33o.i2 

1, 143- H 



,408.87 
, 499- 92 
248.48 

600. 00 

91.70 

8.00 

,974.10 

779. 70 

60.00 

399.96 

375-00 

600. 00 

15.00 



138 



N. C. CORPORATION COMMISSION. 



RENTALS PAID — Continued. 



Situation of Property. 



Tracks— 

Webb, Miss_. 

Mobile, Ala_. 

Augusta, Ga. 

TotaL. 



Louisville, Ky 

Fort Valley, Ga 

Griffiu, Ga 

Columbus, Ga 

Georgetown, Ky .» — 

York, Ala 

Meridian, Ala 

Florence, Ala 

Anniston, Ala 

Mobile, Ala 

Middlesboro, Ky 

Columbus and Griffin, Ga. 

Louisville, Ky 

Louisville, Ky 

Mobile, Ala 

Atlanta, Ga 

Sumter, S. C 

Jessup, Ga. 
Brunswick, Ga. 
Sumter, S. C. 
Savannah, Ga. 
Total- 
Grand total B. 



Name of Company or Party Owning 
Property. 



Smith & Murphy. 

City of Mobile 

City of Augusta „ 



Illinois Central R. R 

Central of Georgia Rwy 

Central of Georgia Rwy 

Central of Georgia Rwy.. 

C. N. O and T. P. Rwy 

A. G. S. R. R 

A. G. S. R. R 

Louisville and Nashville R. R 

Louisville and Nashville R. R 

Louisville and Nashville R R 

Louisville and Nashville R. R 

Georgia Mid. and Ter. Co 

Ky. and Ind. Bridge Co 

Louisville Terminal R. R 

P. D. Barker 

Ga. R. R., C. of Ga. Rwy., W. and A. Rd. 

Sumter Compress Co . 

Plant System, 
Plant System. 
Atlantic Coast Line_ 
S. F. and W. R. R. 



Amount. 




86. oo 
50. oo 

2, 222.16 



196, 704. 


84 


3.445-93 


700. 


00> 


375- 


00 


406. 


03 


361. 


00 


1 


19. 


9- 


02 


247. 


06 


i,35o 


00 


900. 


00- 


50. 


00 


2,083 


40 


10,844.56' 


450 


00 


500 


00 


2,500 


00 


82 


02 


20 


44 


299 


88 


685 


00 


1,677 


42 


27, 088 


00 



223,792.84 



SOUTHERN RAILWAY COMPANY. 



139 



BONDS OWNED. 

A. RAILWAY BONDS. 



Par Value. 



Rate. 
Per 

Cent. 



Interest 
Received. 



Valuation. 



I. 

Ala. Cent. R.R. income bonds and scrip 

Danville and Western Rwy -- 

Elberton Air-I^ine R. R 

High Point, R., A. and Southern R.R 

North Carolina Midland R.R 

Piedmont R.R 

Piedmont R.R 

Southern Rwy. Co. in Kentucky 

Southern Rwy. Co. in Mississippi 

Western North Carolina R.R 

Washington, Ohio and Western R. R 

Yadkin R. R 

Blue Ridge R.R 

Franklin and Pittsylvania R.R 

HartwellRwy 

Lawrenceville Branch R.R 

United States Government bonds, 3 per cent 

Chester and I,enoir R. R 

So. Rwy. Co., Memphis Division, second mortgage- 
Northern Alabama Rwy., prior lien 

Northern Alabama Rwy., general lien 

Carolina Midland Rwy., first mortgage 

Carolina Midland Rwy., first mortgage 

Blackville, Alston and Newberry Rwy 

Memphis and Charleston R.R 

Total 

II. 

Miscellaneous securities in treasury unpledged 

III. 

So. Rwy. Co. consolidated mortgage 5 per cent 
bonds in treasury 

Total 

Total I, II and III 



$1,355,275.00 

1,051,000.00 
150, 000. 00 
402, 000. 00 
801, 000. 00 
500, 000. 00 
500,000.00 

3,000,000.00 
200, 000. 00 

1,325,000.00 

221,000.00 

615, 000. 00 

496, 000. 00 

74,500.00 

20 , 000. 00 

30, 000. 00 

170,000.00 

12,000.00 

1,500,000.00 
307, 000. 00 
982,000.00 
498, 000. 00 
373, 000. 00 
140, 500. 00 
900, 000. 00 



15,623,275.00 



786, 100. 00 



1,276,000.00 



1,276,000.00 



$1,000.00 



5,100.00 
840. 00 



16, 706. 67 



23,646.67 



$10,307,524.41 



6, 750. 00 



458,311.26 



1,276,000.00 



17,685,375.00 



30, 396. 67 



12,041,835.67 



140 



N. C. CORPORATION COMMISSION. 



BONDS OWNED— Continued. 

B. OTHER BONDS. 



Name. 


Par Value. 


Rate. 
Per 
Cent 


Interest 
Received, 


Valuation. 


I. 


$100, OOO. 00 


6 












II. 

Miscellaneous securities in treasury unpledged 


510,866.66 




$5, 550. 00 


$349,584.57 


Total I and II . 


610,866.66 




5, 550. 00 








Grand total 


18, 296, 241. 66 




35,946.67 


12,391,420.24 





SOUTHERN RAILWAY COMPANY. 



141 



N M 00 

5> M vo 



\£> « M 



ft 



xii m o 



J. J 



a ° 

s s 

'S -5 

s? 3 



9 In 

a, a 



S 2 






ON 






142 



N. C. CORPORATION COMMISSION. 








O 


o 

o 


I/O 


§ 


8 

o 


O 




o 




fO 


in 


lO 


8 


8 


o 

"2 
to 


LO 

00 



+J .S 4) 



O » V -O CO **" 

* > a s >> > 

« cD -g In -g £ 

X en S ->-> w 

ca a; a 1 3 3 <u 

H BS W O en M 



5* 



SOUTHERN RAILWAY COMPANY. 



143 



EMPLOYEES AND SALARIES— North Carolina. 

OWNED AND LEASED LINKS. 



Class. 



Number. 



Total 
Number 
of Days 
Worked. 



Total Yearly 
Compensation 



Average 
Daily 

Compen- 
sation. 



Other officers 

Station agents 

Other station men 

Enginemen 

Firemen 

Conductors 

•Other trainmen 

Machinists 

Carpenters 

Other shopmen 

Section foremen 

Other trackmen 

Switchmen, flagmen and watchmen 

Telegraph operators and dispatchers 

All other employees and laborers 

Total (including "General Officers") N. C 

Total (excluding "General Officers") N.C___ 

Distribution of Above— 

General administration 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

Total (including "General Officers") N. C___ 

Total (excluding "General Officers") N.C___ 

Total (including "General officers") entire 
line 



60 
165 
555 
154 
157 
119 
369 

72 
207 
230 
176 
935 
144 

139 
261 



3,743 



3,743 

60 

1,256 

402 

2,025 



3,743 



21,408 
59,652 
186,972 
51,960 
51,852 
35, 700 

121,512 
22, 908 
67,212 
73,884 
6l,536 

288,685 
50, 292 

49, 224 

91,910 



$63, 509. 28 

79,071.72 

175,065.68 

214,118.76 

123,659.88 

123, 674. 88 

157,742.52 

58,405.68 

93,338.32 

132, 003. 36 

78,401.40 

218,434.64 

72,990 48 

83,105.40 

89,022.96 



1,234,707 1,762,544.96 



1,234,707 1,762,544.96 



21,408 
397,393 
130,344 
685,562 



1,234,707 
1,234,707 

7,408,574 



63, 509. 28 
352,882.56 
242, 384. 04 
, 103, 769. 08 



1,762,544.96 
1,762,544.96 

: 1, 703, 684. 22 



$2.97 
1-33 

• 93 
4.12 
2.38 
3-46 
1.29 
2-55 
1-39 
1.79 
1.27 

• 77 
1-45 
1.69 

•97 



1-43 



1-43 

2.97 
.89 
1.86 
1. 61 
1-43 
1-43 

1.58 



144 



N C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS— North Carolina. 

OWNED AND lvEASED. 



Item. 



Passenger Traffic — 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road. 

Average distance carried — miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic — 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton— miles 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Car Mileage, Etc.— 

Mileage of passenger cars 

Average number of passenger cars in train 

Average number of passengers in train 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars— south or west 



Column for 
Number 



Tonnage, Car 

Mileage, 

Number of 

Cars, etc. 



784,722 
27,900,713 
39, 247 
35-57 



2,556,33S 
266, 474, 190 
374,841 
104. 24 



Columns for Revenue 
and Rates. 



Dollars. 



665, 488 



837,096 
i,i77 



2,302,503 



3, 864, 137 
4.48 
32 
14, 598, 345 

7,942,304 



2, 302, 503 
3,238 



3,148,726 

4,429 

1 

1,934,695 
2,721 



Cents 



SOUTHERN RAILWAY COMPANY. 



145 



TRAFFIC AND MILEAGE STATISTICS— Continued. 

OWNED LINKS. 



Item 


Column for 
Number 

Passengers, 

Tonnage,Car 

Mileage, 

Number of 
Cars, etc. 


Columns for Revenue 
and Rates. 


Car Mileage, Etc.— Continued 


821,328 
7,806,597 
21.83 

15.79 

6.04 

186. 70 

n.83 
710.90 

819.594 

171,271 

1,298,845 

2, 289, 710 

644, 878 


Dollars. 


Cents 


Mills. 










































Average number of tons of freight in each loaded car 














Train Mileage — 








Mileage of revenue mixed trains . _ __ 









































•10 



146 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS.— Entire line. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road. 

Average distance carried— miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried oue mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses , 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 

Car Mileage, Etc.— 

Mileage of passenger cars 

Average number of passenger cars in train 

Average number of passengers in train__ 

Mileage of loaded freight cars— north or east 



Column for 

Number 
Passengers, 

Tonnage, 
Car Mileage, 
Number of 

Cars, etc 



6,691,958 

329,394,119 

52, 234 

49.22 



Columns for Revenue 
and Rates. 



Dollars. 



13,590.353 
2,294,257,940 
363,815 
168.82 



47,992,783 
4.90 

34 
97,782,905 



7,737,454 
1 



9,895,5io 
r,569 



21,006,730 
1 



21, 006, 730 
3,331 



31,166,282 
4,942 



20,749,068 
3,290 



10,417,213 
1,651 



Cents 



Mills. 



623 

349 



107 



571 
916 



714 



831 



096 



SOUTHERN RAILWAY COMPANY. 



147 



TRAFFIC AND MILEAGE STATISTICS.— Entire Line— Continued. 



Item. 


Column for 

Number 
Passengers, 

Tonnage, 
Car Mileage, 
Number of 

Cars etc. 


Columns for Revenue 
and Rates. 


Car Mileage, Ktc— Continued. 


82,484,963 

26,850,387 

43,773,808 

19.32 

13-88 

5-44 

176.61 

12.73 

6,306. 12 

9.373,578 

1,654,260 

11,749,301 

22, 777, 139 

7,323,338 


Dollars. 


Cents 


Mills. 


Mileage of empty freight cars— north or east___ _ 














































Average number of tons of freight in each loaded car 














Train Mileage— 

















































FREIGHT TRAFFIC MOVEMENT— North Carolina. 

ALX LINES— NORTH CAROLINA. 



Commodity. 


Freight 

Originating 

on this 

Road. 


Freight Re- 
ceived from 
Connecting 

Roads 
and Other 
Carriers. 


Total 
Freight Tonnage. 


Products of Agriculture— 


Whole Tons. 


Whole Tons. 


Whole Tons. 
84, 283 
97, 159 
37,428 
14,769 
40, 906 
129,037 
48, 743 
31,290 
16,592 
51,007 


Per Cent. 

2.73 
3-14 


Flour. _ . ._ _— 






Other mill products _ _____ 






Hay 






.48 
1.32 
4.17 
1.58 


Tobacco— leaf __ _ _ _ 






Cotton __ _ 


















Cotton-seed _ 






• 54 
1.65 


Cotton-seed meal, cake, hulls and oil 







148 



N. C. CORPORATION COMMISSION. 



FREIGHT TRAFFIC MOVEMENT— Continued. 

ALL LINES— NORTH CAROLINA. 



Commodity 



Freight 

Originating 

on this 

Road. 



Freight Re- 
ceived from 
Connecting 

Roads 
and Other 
Carriers. 



Total 
Freight Tonnage. 



Products of Animals— 

Live stock _ 

Dressed meats 

Other packing-house products 

Poultry, game and fish 

Wool 

Hides and leather 

Products of Mines — 

Anthracite coal 

Bituminous coal 

Coke 

Ores 

Stone, sand and other like articles . 

Barytes, kaolin and talc 

Marble 

Products of Forest — 

Lumber and logs 

Charcoal 

Shingles, staves and headings — __. 

Manufactures — 

Petroleum and other oils 

Sugar and molasses 

Naval stores 

Iron, pig and bloom 

Iron and steel rails 

Other castings and machinery 

Bar and sheet metal 

Cement, brick and lime 

Agricultural implements 

Wagons, carriages, tools, etc 

Wines, liquors and beers 

Household goods and furniture 

Manufactured tobacco 

Fertilizer 



Whole Tons. 



Whole Tons. 



Whole Tons. 

19,656 
3,169 

25, 752 
3,005 
2,337 

11,203 

io,573 
532, 052 
17,238 
53, 366 
80, 640 
31,529 
10, 043 

584,648 

43i 
22,503 

11,848 

23,116 

5,36i 

128, 564 

14,012 

51,087 

48, 862 

70,204 

6,556 

8,120 

n,549 
22, 768 

25,389 

151,537 



Per Cent. 
.64 



SOUTHERN RAILWAY COMPANY. 



149 



FREIGHT TRAFFIC MOVEMENT— Continued. 

ALL LINES— NORTH CAROLINA. 



Commodity. 


Freight 

Originating 

on this 

Road. 


Freight Re- 
ceived from 
Connecting 

Roads 
and Other 
Carriers. 


Total 
Freight Tonnage. 


Merchandise — 


Whole Tons. 


Whole Tons. 


Whole Tons. 

284, 139 

146, 782 

6,143 

118,124 


Per Cent. 
9.18 
4.74 














Miscellaneous— 






3.82 














3,093,520 












Total tonnage— entire line __ _ 






13,590,353 













150 



N. C. CORPORATION COMMISSION. 



t/5 
J 

< 






CO 


N NO IO t^ -« Ti- 00 M o 
CS NO fO O On Cni lOrftM 

CO* N 4 ts ft torero 
0000 IO00 ■* «* O cs 

00 M ON ON ON N VO M 


NO | 

to 

ON 

IO 


a 
o 
u 


i io on vo r^ w o> oo i 
i oo o m r^ tj- to n 

1 IO VO* CO CT> C>I IO N 
1 tO CO H tM N 


LO 

ON 


New Line 
Construct- 
ed During 
Year. 


1 NO t~~ i i • > 


•o 

VO 


•a &.S 


l-»vo N 00 NO io r^- On •- 
NfO'-ifOOvOr^i-'fO 

plTi-TJ-od^voMiAio 

VO^-NtNONO-TttO 
ON to O O On CN NO w 


to 
vd" 


Line 
Operated 

Under 
Trackage 

Rights. 


m io io io oo o o o i-i 

O00VO W (OO00 iOm 


LO 


NOnOm to N 00 i- 1 cs 
CQCttSM^'HttlH 


LO 

to 


Line 
Operated 

Under 

Contract, 

Etc. 


i 1 IO 1 I s " 

1 00 l On i . 

1 On I P« i 

i 1 M i 


00 


Line 

Operated 

Under 

Lease. 


t to oo w io io i ! i 

i oo -«s- o» oo >o > 

i no" to lo d oo' 

1 w On On 00 tj- 1 1 1 
i to CS to M M 1 


o 
o 

IO 

to 

•<3- 


Line of 
Proprie- 
tary Com- 
panies. 


1 tJ- 00 O ! 1 N o 

i r^ r^ «o i to in 

1 1 On ■"*■ O 1 i On to 
1 1 to On LO 1 1 NO <n» 

I CO M 1 ■-. 


NO 
LO 


hi « 


tc in 

a en 

fig 


tSi-iNOOvONO ItO 1 NO 

« d lo ri io i \d i vo 

ON LO Tf *~» On i r-~ 1 1 to 


a 

a 
"c3 


i tj- o o o io ! o 
i ir i v5 w oo Tt 1 o 

i \d on N oo o i o i 

i ►- to ts r^ m i oo i 
1 Tf cs to •<*• no to 


On 

LO 




c 
c 
1 

c 
c 
1 

f 
t 
c 
(. 
1 

1 

Cl 


i 

5 
< 

) 

q 




District of Columbia 

Virginia 

North Carolina 

South Carolina 

Georgia 

Alabama 

Mississippi 

Tennessee 

Kentucky 


I 

I 

u 

§< 

ca 

V 

1 

"3 

o 



SOUTHERN RAILWAY COMPANY. 



151 



d oj rt 

£ x a 
up 



« t £ 



PI 



& a 



. 

H O 

z 2 

W H 

« A 

? < 






6 


a 


x 


J3 


t! 


3 


o 


O 


K 


as 



O < S 



152 



N. C. CORPORATION COMMISSION. 



Southern Railway — Continued. 



LINES CONTROLLED AND OPERATED BY LEASE OR OTHERWISE IN NORTH 

CAROLINA. 



Atlantic and Yadkin Valley Railway Company 

Atlanta and Charlotte Air-Line Railway Company 

Asheville and Spartanburg Railroad Company 

High Point, Randleman, Ashboro and Southern Railroad Company. 

North Carolina Railroad 

North Carolina Midland Railroad Company 

State University Railroad Company 

Yadkin Railroad Company 

Total 



166.22 
43.16 
41.90 
26.80 

223.55 
53.62 
10.20 
41.00 



606. 45 



fltlaQta and Charlotte flir-Line Railway Company, 



PROPERTY OPERATED— North Carolina. 

Atlanta and Charlotte Air-I,ine Railway Company, from Air-L,ine Junction, Charlotte, 
N. C, to State I^ine, South Carolina (miles) 

PROPERTY OPERATED— Entire Line. 

Atlanta and Charlotte Air-L,ine Railway Company, Air-L,ine Junction, Charlotte, N. C, to 
Atlanta, Ga. (miles) 

Georgia Railroad Company, entrance to Union Depot, Atlanta, Ga. (miles) 

Total _ 



42.95 



268. 17 
.83 



269.00 



ATLANTA AND CHARLOTTE AIR-LINE RAILWAY COMPANY. 



153 



DIRECTORS. 



Name of Directors. 



Post-office Address. 



Date of Expiration 
of Term. 


March i 


1901. 


March i, 


1901. 


March i 


1901. 


March i 


1901. 


March i 


1901. 


March i 


1901. 


March i, 


190 1. 


March i 


1901. 


March i 


1901. 


March i 


1901. 


March i 


1901. 


March i 


1901. 



Chas. S. Fairchild._ 
B. R. McAlpine 

Skipwith Wilmer __ 

Edward Kelly 

Michael Jenkins 

John A. Middleton. 
George T. Canfield. 
Ebenezer S. Mason- 
Hiram W. Sibley — 

Joseph Bryan ,__ 

Frederick Cromwell 
Henry Evans 



46 Wall St., New York,N. Y 

Dakota Apartment House, 72d St. and 
Central Park. W. N. Y . 

207 North Calvert St., Baltimore, Md 

Temple Court, N. Y 

Baltimore, Md 

21 Cortlandt St., N. Y 

48 Wall St., N. Y 

48 Wall St., N. Y 

21 Exchange St., Rochester, N. Y 

Richmond, Va 

32 Nassau St., N. Y 

46 Cedar St., N Y 



OFFICERS. 



Title. 



President 

Secretary 

Treasurer __. 

Division Superintendent. 



Name. 



Charles S. Fairchild. 

W. N. Wilmer 

George Sherman 

W.B.Ryder 



Location of Office. 



New York. 
New York. 

New York. 
Charlotte, N. C. 



CAPITAL STOCK. 



Capital Stock — common — number of shaies authorized. 

Par value of shares 

Total par value authorized 

Total amount issued and outstanding 

Dividend of 6 per cent declared on 



17,000 

$100.00 

1,700,000.00 

1,700,000.00 

102, 000. 00 



Manner of payment for capital stock : Issued for reorganization, common, 17,000 shares. 

RECAPITULATION. 

FOR MILEAGE OWNED. 





Account. 


Total Amount 
Outstanding. 


Apportion- 
ment to 
Railroads. 


AMOUNT PER MILK OF LINE. 




Miles. 


Amount. 


Capital stock 


$1,700,000 
5,500,000 


All 


268. 17 
268. 17 


16,339 
20,510 


Bonds 


All 








Total. _ 


7, 200, 000 






26, 849 











154 



N. C. CORPORATION COMMISSION. 



COST OP ROAD, EQUIPMENT AND PERMANENT IMPROVEMENTS. 



Item. 


Total Cost to 
June 30,1899. 


Total Cost to 
June 30, 1900. 


Cost Per Mile. 




$7, 200, 000 


$7, 200, 000 


$26,848.63. 





INCOME ACCOUNT. 










$464, 750 








Total income -_ _ _ _. ._ .. 




464.750 


Deductions from Income— 


$4,000 
358,750 












Total deductions from income _ . 




362,750 








Net income __ _ 




102, 000 















ATLANTA AND CHARLOTTE AIR-LINE RAILWAY COMPANY. 



155 



H 

en 
W 

w 

H 
2 


Amount 

Paid 
During 
Year. 


o o o o 

O O O u-5 
O LO LO <N 

o~ r^ tC w 

(N ON M Tt 


O LO 
LO CM 


o 

LO 

ocT 

lO 
CO 


|g|- 


o o o o 
o o o "1 
o io m <n 

o* r-« r-^ m 

<N ON M ■* 

6£ IN co 


O LO 
LO CM 


o 

LO 

oo" 

LO 


a® 


O 3 ! O 

r ? ! 2 

a S la 










+ t*. ' i ■+ 




- 


- 


Cash 

Realized on 

Amount 

Issued. 


8 

«-> ' ■ ■ 

^ o o o 
S3 "O "O 

O i i i 

fc ' I } 1 




g rt be 

3|- 


o o o o 
o o o o 
o^ o_ o o 

o" o" o" o~ 

O LO >0 LO 

& « ^ «- 


o o 

8 8 

o o 

LO LO 


o 
o 
o_ 

o" 
o 

LO 

LO 


3 v 

O 3 
M 


o o o o 

8 8 8 8 

o d o~ o" 

O LO LO LO 

* J 4 


o o 

§ 8^ 

o o 

LO LO 


o 
o 
o 

o 


<~T3 
O (Li 

^j N • 
J- l-l — 

pi 


o o o o 
o o o o 
o o o o 

o o o o 

O LO LO LO 

& " *: ** 


o o 

8 8 

o~ o' 

LO LO 


o i 

o" 1 
o 

LO 

lO 


S 

H 


ana 
uaqAV 


O O 1 O II 
ON On On 




•anssi 

JO 9}B(I 


J^ t- O 1 
On t-» 1 00 II 
00 00 1 00 


a 
C 

p 
ca 




| 




o 

H 

«U 


13 

§ 

vi 

o 

Q 
% 
O 

n 

o 

< 
o 


TJ ' 

C 1 

'Oil 
■ C i I 
1) j i i 

k ; ! x> 

sill 

tJ ! ! « 

2 : ! « 

S « i 60 

-2 & i $ 

U Cfl 1- 
Sl °* rJ O 

! s l a 
!• ■ »■ a 

S 2 8 

S S 5 


t/5 

•o 

° 12 

•° 8 

M * 
cs oj 

be a 

1 U o 

Jj ° i 

8 s £ 

o 



a a 
«j < 

K a 

«j a 

«| 

V ^ 



3 +j 

•o a 



o ca be 

< "a 



a cvihn 
a a^ 

III 



§'•3 

a- 



0X5 
O 3 

as 

<3 M 



156 



N. C. CORPORATION COMMISSION. 



EARNINGS FROM OPERATION— North Carolina. 



Item. 



Total 
Receipts. 



Deductions, 

Account of 

Repayments, 

etc. 



Actual 
Earnings. 



Passenger— 

Passenger revenue 

Less repayments — 

Tickets redeemed 

Excess fares refunded 

Other repayments 

Total deductions 

Total passenger revenue 

Mail 

Express 

Extra baggage and storage 

Other items 

Total passenger earnings „_. 

Freight— 

Freight revenue 

Less repayments — 

Overcharge to shippers 

Other repayments 

Total deductions 

Total freight revenue 

Total freight earnings 

Total passenger and freight earnings— 
Other Earnings from Operation— 

Switching charges— balance 

Car mileage — balance - 

Rents not otherwise provided for 

Other sources 

Total other earnings 

Total gross earnings from operation — N. C. 



$111,985.45 



$541.46 



54i. 46 



$111,443.99 

40,494.84 

9,053,18 

1,452.14 

939- 89 

163, 384. 04 



260,432.32 



3,48i.i7 



3,481.17 



256,951.15 
256,951.15 


420, 335. 19 


923.90 


142. 73 


166.06 


228. 15 


1,460.84 



Total gross earnings from operation— entire 
line 



421,796.03 
2, 495, 816. 72 



ATLANTA AND CHARLOTTE AIR-LINE RAILWAY COMPANY. 



157 



OPERATING EXPENSES— Entire Line. 



Item. 



Recapitulation of Expenses — 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings — entire line 

Operating Expenses— North Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes (including war revenue) 

Total 

Percentage of expenses to earnings -North Carolina 



$342,999- 4 8 

330, 364. 05 

878,722.37 

74,377-20 

[,626,458. 10 

65.17 



77,681.05 

52,688.92 

139,230.91 

16,577.06 

8,365.12 



294, 543. 06 



69.83 



RENTALS PAID. 

B. RENTS PAID FOR LEASE OF TRACKS, YARDS, AND TERMINALS. 



Designation of 
Property. 


Situation of Property 
Leased. 


Name of Company Own- 
ing Property Leased. 


Item. 


Total 


Tracks — 




Central of Georgia Rwy__ 
Georgia R. R_ 


$1,656.74 

9, 600. 00 

6,000.00 

779. 70 












Clifton and Converse, S.C_ 


Clifton Mfg. Co 






S C and Ga Extn R. R_ 










Total _ 


7,650.00 


$18,036.44 






N. C. and St. L Rwy 








Total _ 




7,650.00 
25, 686. 44 


Grand total rents B 

















158 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS.— North Carolina. 



Item. 



Column for 

Number 

Passengers, 

Tonnpge.Car 

Mileage. 

Number of 

Cars, etc. 



Columns for Revenue 
and Rates. 



Passenger Traffic — 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road__ 

Average distance carried 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic — 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road_„___ 

Operating expenses per train mile 

Car Mileage, Etc— 

Mileage of passenger cars 

Average number of passenger cars in train 

Average number of passengers in train 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars— south or west 

Mileage of empty freight cars — north or east 



Dollars. 



149, 969 
4,573,321 
105,962 
30.50 



675, 237 
26 ,550,52i 
615, 165 
39.32 



641, 034 

6.82 

49 

1,367,532 

1,010,416 

118,967 



m,443 



163,384 
3,785 

1 



Cents 



256,951 



256,951 
5,953 



421,796 

9,772 

1 

286,177 
6,630 



ATLANTA AND CHARLOTTE AIR-LINE RAILWAY COMPANY. 



159 



TRAFFIC AND MILEAGE STATISTICS— Continued. 



Item. 


Column for 

Number 

Passengers, 

Tonnage. Car 

Mileage, 

Number of 

Cars, etc. 


Columns for Revenue 
and Rates. 


Car Mileage, 'Etc— Continued. 


359, 803 

22.18 
18.46 
3-72 
206. 13 
11. 17 
43.16 

93,940 
128,805 
222,745 

66,491 


Dollars. 


Cents 


Mills. 


































• Average number of tons of freight in each loaded car 














Train Mileage — 









































MILEAGE. 

MTLEAGE OF LINE OWNED BY STATES (SINGLE TRACK). 





LINE REPRESENTED 
BY CAPITAL STOCK. 


Line 

Operated 

Under 

Lease. 


Line 
Operated 

Under 
Trackage 

Rights. 


Total 
Mileage 
Owned. 


RAILS. 




Main Line. 


Branches 
and Spurs. 


Iron. 


Steel. 


North Carolina 


43.16 
124.90 
100.11 








43.16 
124.90 
100. 11 




43.16 
124.90 


































Total mileage 
owned (sin- 
gle track) 


268.17 








268. 17 




268.17 









160 



N. C. CORPORATION COMMISSION. 



flsbeville ar)d Spartanburg Railroad Compaoy. 



DIRECTORS. 



Name of Director. 


Post-office Address. 


Date of Expiration 
of Term. 




Raleigh , N. C 


^ 




Asheville,N. C 


P. H. Haines 


Winston, N. C _ 




J. H. McAden ._ . .— 


Charlotte, N. C . _. 


December 5, 1900, or 






are appointed. 




Asheville, N. C _ _ 




E. P. McKissick_ ._ ._ . 


Asheville, N. C __ . 











PROPERTY OPERATED— Entire Line. 

Asheville and Spartanburg Railroad from Biltmore N. C, to Alston, S. C , 133 90 miles. 
41.90 miles in North Carolina. 



CAPITAL STOCK. 

Capital stock — common — number of shares authorized 

Par value of shares 

Total par value authorized 

Total amount issued and outstanding 

CURRENT ASSETS AND LIABILITIES. 

Total cash and current assets : 

Liabilities— Audited vouchers and accounts 



10, 500 

$100. 00 

1, 050, 000. 00 

1,050,000.00 



$404,831.36 
13.10 



RECAPITULATION. 

FOR MILEAGE OWNED. 





Total 

Amount 

Outstand 

ing. 


APPORTIONMENT. 


AMOUNT PER MILE OF LINE. 


ACCOUNT. 


To Railroads. 


To Other 
Properties. 


Miles. 


Amount. 




$1,050,000 
1,000,000 


All 




133.90 
133.90 


$7,842 
7,469 




All . 










Total 


2, 050 , 000 






133.90 1 15,3" 









ASHEVILLE AND SPARTANBURG RAILROAD COMPANY. 



161 



COST OP ROAD, EQUIPMENT AND PERMANENT IMPROVEMENTS. 



Item. 


Expenditures 
During Year Not 
Included in Oper- 
ating Expenses, 

Charged to 

Construction or 

Equipment. 


Total Cost to 
June 30, 1899. 


Total Cost to 
June 30, 1900 


Cost Per Mile. 


Grand total cost construction, 


$6,427.40 


$1,790,017,30 


$1,796,444.70 


$13,416.32 







INCOME ACCOUNT. 





$656,580.72 
482,865.73 


























$173,714.99 


















173.714.99 


Deductions from Income— 


40 , 000 . 00 
17,58^.65 
























57,580.05 


















116,134.34 




% June 30, 1900 
eral Balance 








Surplus from operations of year endin 
Surplus on Jnne 30, 1899, [from "Gen 


116,134.34 
15, 128.62 


Sheet," ] 


899 






'General Balance Sheet 


"] 




Surplus on June 30, 1900, [for entry on 


131,262.96 







MILEAGE. 

C. MILEAGE OF LINE OWNED BY STATES. 





LINE REPRESENTED 
BY CAPITAL STOCK. 


Total 
Mileage 
Owned. 


RAILS. 




Main Line. 


Branches 
and Spurs. 


Iron. 


Steel. 




41.90 
92.00 




41.90 
92.00 




41.90 
92.00 














Total mileage owned (single track)— 


133.90 




133.90 




133-90 







il 



62 



N. C. CORPORATION COMMISSION. 



EARNINGS FROM OPERATION— North Carolina. 



Item. 


Total 
Receipts. 


Deductions, 

Account of 

Repayments, 

etc. 


Actual 
Earnings. 


PASSENGER— 

Passenger revenue _ . _ 


$61,117.14 








$323- 44 




I^ess repayments- 






Excess fares refunded _. _ }• 










Other repayments J 

Total deductions 


323.44 








$60, 793- 7o 

4,966.04 

5,275.65 

975- 70 

118.76 


Mail _ - 


































72,129.85 


l^REIGHT— 


136,078.56 




I^ess repayments- 
Overcharge to shippers "| 


2,641.32 












2,641.32 














133,437.24 










133, 437. 24 










205,567.09 
363. 37 


Other Earnings from Operation— 












78.32 
















33.60 








83.62 












718.91 












206 , 286. 00 










Total gross earnings from operation 3 — entire 


656, 580. 72 









ASHEVILLE AND SPARTANBURG RAILROAD COMPANY. 



163 



OPERATING EXPENSES. 

Recapitulation of Expenses— Entire l,ine— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings— entire line 

Operating Expenses — North Carolira — 

Taxes (including war revenue) 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total 

Percentage of expenses to earnings— North Carolina 




73.54 

3,790-23 
30,870.90 
37,340.34 
102,794.49 
7,453-28 
182, 249. 24 



•35 



COMPARATIVE GENERAL BALANCE SHEET. 



JUNE 30, 1899. 


ASSETS. 


YEAR ENDING JUNE 30, I900. 


Total. 


Total. 


Increase. 


Decrease 


$1,790,017.30 
295.124.42 




$1,796,444.70 
404,831.36 


$6,427.40 
109,706.94 












2,085,141.72 


2,201,276.06 

1,050,000.00 

r,ooo, 000. 00 

20,013. 10 

131,262.9b 


116,134.34 




LIABILITIES. 




1,050,000.00 




Funded debt - _ _. . 






20,013.10 
15,128.62 










116,134.34 








2,085,141.72 


2,201,276.06 


116,134.34 









164 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS— North Carolina. 



Item. 



Column for 
Number 

Passengers, 
Tonnage, 

Car Mileage, 
Number 
Cars, etc. 



Columns for Revenue 
and Rates. 



Passenger Traffic — 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road- 
Average distance carried— miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile. 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton— miles 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Car Mileage, Ftc— 

Mileage of passenger cars. 

Average number of passenger cars in train. 

Average number of passengers in train 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars — south or west 



96, 087 
2,387.546 
5<?,982 
24.84 



363, 000 
14, 835, 499 
354, 069 
40.87 



322,489 
4.2 
32 

978, 60 ; 

195, T58 



Dollars. 



60, 793 



72,129 
1,721 



133,437 



133,437 
3,184 



206, 286 
4,923 



178,459 
4,259 



Cents 



Mills. 



ATLANTIC AND YADKIN RAILWAY COMPANY. 



165 



TRAFFIC AND MILEAGE STATISTICS— Continued. 



Item. 


Column for 

Number 
Passengers, 
Tonnage, 
Car Mileage, 
Number 
Cars, etc. 


Columns for Revenue 
and Rates. 


Cak. Mileage— Continued. 


12,819 

8i6,737 

12.89 

7-55 

5-34 

95.48 

12.64 

41.90 

75,658 
155,372 
231,030 

37, 223 


Dollars. 


Cents 


Mills. 










































Average number of tons of freight in each loaded car 














Train Mileage— 









































Atlantic and YadKjn Railway Company. 



DIRECTORS. 



Name of Directors. 



J. Van Lindley __. 
J. W. Fry 

CH. Ireland 

B. Frank Mebane 

M. H. Cone 

T.B.Heartt 



Post-office Address. 



Greensboro, N.C 
Greensboro, N. C 
Greensboro, N.C 

Spray, N.C 

Greensboro, N.C 
Raleigh, N.C __„ 



Date of Expiration 
of Term. 



November 22, 1900, or 
until their successors 
are appointed. 



166 



N. C. CORPORATION COMMISSION. 



OFFICERS. 



Title. 



Name. 



Location of Office. 



President 

Vice-President 

Secretay 

Treasurer 

Auditor 

Division Superintendent 



A. B. Andrews, 
W.W.Finley-_ 
H.W.Miller___ 

H.C.Ansley 

A. H. Plant 

N.J. O'Briens- 



Raleigh, N.C. 
Washington, D.C. 
Raleigh, N.C. 
Washington, D.C. 
Washington, D.C. 
Greensboro, N.C. 



PROPERTY OPERATED— State of North Carolina. 





NAME. 


TERMINALS. 


Miles of 

Line for 

Each Road 

Named 


Miles of 
L'ne for 




From— 


To— 


Each 

Class of 

Roads 

« Named. 


T A 




Sanford,N. C__ _ 


Mt. Airy, N.C __ _ 




130. 95 


i B. 








18.74 

"■39 

1. 10 

2.02 

2.02 




Total 










Gulf 








Greensboro 


Proximity Mills 

Granite Quarry 








35.27 

























CURRENT ASSETS AND LIABILITIES. 



ASSETS. 

Due from agents 

Due from solvent companies and individuals 

Total — cash and current assets 

Total v. 

LIABILITIES. 

Audited vouchers and accounts 

Wages and salaries 

Net traffic balances due to other companies 

Total— current liabilities 

Balance — cash assets 

Total 



$683.35 
34,011.92 

34,695.27 



34,695.27 



11,856.55 
35L78 
39.65 



12,247.94 
22, 447- 33 



34,695.27 



ATLANTIC AND YADKIN RAILWAY COMPANY. 



167 



RECAPITULATION. 
A. FOR MILEAGE OWNED. 





Total 

Amount 

Outstanding. 


Apportion- 
ment to 
Railroads. 


AMOUNT PER 


MILE OF ROAE. 


ACCOUNT. 


Miles. 


Amount. 




$1,000,000.00 

1,500,000.00 


All. 


166.22 
166. 22 


$6, 016. 00 
9, 024 . 00 




All _ 






Total 


2, 500, 000. 00 




166. 22 


15, 040. 00 







COST OF ROAD, EQUIPMENT, AND PERMANENT IMPROVEMENTS. 



Item. 


Total Cost to 
June 30, 1900. 


Total Cost to 
June 30, 1900. 


Cost Per Mile. 




$2, 500, 000. 00 


$2, 500, 000. 00 


$15, 040,. 00 





INCOME ACCOUNT. 





$264, 669. 19 
172,409.38 
















$92,259.81 








92,259.81 


Deductions from Income — 


60, 000. 00 
9,042. 11 














69,042.11 








23, 217. 70 








23, 217. 70 
9,712.10 


Deficit on June 30, 1899 [from "General Balance Sheet," 1899 Re- 








Deductions for year _ 


6, O58. 2-7 






Surplus on June 30, 1900 [for entry on " General Balance Sheet "]__ 


7,447*33 







168 



N. C. CORPORATION COMMISSION. 



EARNINGS FROM OPERATIONS— North Carolina. 



Item. 



Passenger— 

Passenger revenue 

Less repayments- 
Tickets redeemed 

Excess fares refunded 

Other repayments 

Total deductions 

Total passenger revenue 

Mail 

Express 

Extra baggage and storage 

Other items 

Total passenger earnings 

Freight— 

Freight revenue 

Less repayments- 
Overcharge to shippers 

Other repayments 

Total deductions 

Total freight revenue 

Total freight earnings 

Total passenger and freight earnings— 
Other Earnings from Operation— 

Switching charges— balance 

Rents from tracks, yards and terminals 

Rents not otherwise provided for 

Other sources 

Total other earnings 

Total gross earnings from operation— N. C 



Total gross earnings fiom operation— entire 
line 



Total 
Receipts. 



$56, 799. 88 



191,688.21 



Deductions, 

Account of 

Repayments, 

etc. 



&I47.77 



147- 77 



1,769.73 



1, 769. 73 



Actual 
Earnings. 





$56,652.11 


12,612.77 


4, 182.61 


829.37 


163.38 


74,440.24 



189,918.48 



189,918.48 



264,358.72 

13.30 
43.75 
31.66 

221.76 



310.47 



264, 669. 19 
264, 669. 19 



ATLANTIC AND YADKIN KAILWAY COMPANY. 



169 



RENTALS RECEIVED. 
RENTS RECEIVED FROM LEASE OF TRACKS, YARDS, AND TERMINALS. 



Designation of 
Property. 


Situation of Property 
Leased. 


Name of Company 
Using Property Leased. 


Item. 


Total. 




Walnut Cove, N. C 

Gulf.N C 


N. and W. R.R 


$6.25 
4.50 
33.oo 






Durham and Char R. R _ 
Thos. Woodrofie 






Mt. Airy, N. C 










Total 




*43- 75 










Grand total rents re- 


43-75 











OPERATING EXPENSES. 



Item. 



^Recapitulation of Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

'Operating Expenses— State of North Carolina — 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes (including war revenue) 

Total 

Percentage of expenses to earnings— North Carolina 



$59,360.99 

33,109.00 

70,877.25 

9,161.44 



172,409.38 



59,260.99 
33,109.00 
70,877.95 
9,161.44 
9,042. 11 



181,451.49 



68.56 



RENTALS PAID. 
B. RENTS PAID FOR LEASE OF TRACKS, YARDS, AND TERMINALS. 



Designation of 
Property. 


Situation of Property 
Leased. 


Name of Company Own- 
ing Property Leased. 


Item. 


Total. 




San ford, N. C_ 


Atlantic Coast Line 


$270.92 




Total 




$270. 92 












Grand total rents B 


270. 92 













170 



N. C. CORPORATION COMMISSION. 



2 



M -e •* 



vO 



ATLANTIC AND YADKIN RAILWAY COMPANY. 



171 



TRAFFIC AND MILEAGE STATISTICS— North Carolina. 



Item. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road- 
Average distance carried 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile". 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic — 

Number of tons carried of freight earning revenue 

Number of tons carried one mile ! 

Number of tons carried one mile per mile of road 

Average distance haul of one ton 

Total freight revenue 

Average amount received for each ton ol freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile •_ 

Total Traffic — 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Car Mileage, Ftc — 

Mileage of passenger cars 

Average number of passenger cars in train 

Average number of passengers in train 

Mileage of loaded freight cars— north or east . 

Mileage of loaded freight cars— south or west 



Column for 

Number 
Passengers, 
Tonnage, Car 

Mileage, 

Number of 

Cars, etc. 



73.258 
2,167,211 
13. 038 
29.58 



161,332 
8, 330, 603 
50,118 
51.64 



Columns for Revenue 
and Rates. 



376, 146 

3-55 
20 
396.215 
39i, 147 



Dollars. 



56,652 



74,440 
447 



189,918 
1 



189,918 

1, 142 

1 

264, 669 

1,592 

1 

172,409 
1,037 



Cents 



Mills. 



33 
614 



r 9 6 



719 

280 



498 



589 



296 



172 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS— Continued. 



Item. 



Column for 
Number 

Passengers, 

Tonnage, Car 

Mileage. 

Number of 
Cars, etc 



Columns for Revenue 
and Rates. 



CAR Mileage, Etc.— Continued. 

Mileage of empty freight cars — north or east 

Mileage of empty freight cars— south or west 

Average number of freight cars in train 

Average number of loaded cars in train 

Average number of empty cars in train 

Average number of tons of freight in train 

Average number of tons of freight in each loaded car 
Average mileage operated during year 

Train Mileage— 

Mileage of revenue passenger trains 

Mileage of revenue mixed trains 

Mileage of revenue freight trains 

Total revenue train mileage 

Mileage of non-revenue trains 



122,207 

184, 157 

8.81 

6.40 

2.41 

67.77 

10.58 

166. 22 

96, 502 

38.181 
94, 291 



228,974 
43, 908 



Dollars. 



Cents 



Mills. 



HIGH POINT, RANDLEMAN, ASHBORO AND SOUTHERN. 



173 



Higb Point, F^andlen)an, Ashboro and Southern 
Railroad Company, 



DIRECTORS. 



Names of Directors. 


Post-office Address. 


Date of Expiration 
of Term. 


R. F. Dalton 


High Point, N. C _ __ 




J. E. Cox — 


High Point, N.C 




S. Bryant _ _ _ _ 




A. C. McAllister- 


Ashboro, N. C 




W. P. Wood _ 


Ashboro, N. C 




J. E Walker * 

H. M. Worth . _ _ _ 


Ashboro, N.C _ - 




Worthville, N. C_ 


! November 2 1 , 1900, or 
J- until their successors 
are appointed. 




Raleigh, N.C- _ 


O. W. Carr _ . 


Trinity, N. C 

High Point, N.C 


| 


W. H. Ragan 




G. Rosenthall 


Raleigh, N. C 


| 


E. H I,ee __ 


Raleigh, N.C _ - 




P.H.Morris . 


Ashboro. N. C 


J 







OFFICERS 



Title. 



Name. 



Location of Office. 



President 

Vice-President 

Secretary 

Treasurer 

Auditor 

Division Superintendent 



A.B.Andrews 
W. W. Finley _. 
H.W.Miller__. 
H.C. Ansley... 
A.H.Plant___ 
N.J. O'Brien _ 



Raleigh, N. C. 
Washington, D.C. 
Raleigh, N.C. 
Washington, D.C. 
Washington, D.C. 
Greensboro, N. C. 



PROPERTY OPERATED— North Carolina. 

High I'j'nt, Randleman, Ashboro and Southern Railroad, from High Point to Ashboro, 26.80 miles 



174 



N. C. CORPORATION COMMISSION. 



CURRENT ASSETS AND LIABILITIES. 



Balance— current liabilities 
Total 



LIABILITIES. 



Audited vouchers and accounts. . 
Matured interest coupons unpaid. 

Total — current liabilities 

Total 



RECAPITULATION. 

FOR MILEAGE! OWNED 



Amount. 

$186,752.50 
186,752.50 



74.692.50 
2, 060. 00 



1*6,752.50 
**>6, 752. 50 





Total Amount 
Outstanding. 


AMOUNT PER MILE. 




Miles 


Amount. 




$250, 000. 00 
402,000.00 


26.80 
26.80 


$9. 328. 00 
15. 000. 00 






Total . . 


652, 000. 00 


26. 80 « 


24,328.00 





COST OP ROAD, EQUIPMENT AND PERMANENT IMPROVEMENTS. 



Item. 


Expenditures 
During Year Not 
Included in Oper- 
ating Expenses, 

Charged to 

Construction or 

Equipment. 


Total Cost to 
June 30, 1899. 


Total Cost to 
June 30, 1900. 


Cost Per Mile. 


Grand total cost construction, 


$1,546.93 


8653,035-17 


$654, 582. 10 


$24,424.71 





INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Total income 

Deductions from Income— 

Interest on funded debt accrued 

Taxes 

Total deductions from income 

Net income 

Surplus from operations of year ending June 30,1900. 



Deficit on June 30, 1899, [from "General Balance Sheet," 1S99 
Report ] , 



Deficit on June 30, 1900, [for entry on "General Balance Sheet."]. 



$71,393.90 
42,220.88 



24, 120.00 
1 , 203. 80 



$29,173.02 



29, 173.02 



25,323.80 
3,849.22 



3, 849- 22 
188,019.62 



184. 170.40 



HIGH POINT, RANDLEMAN, ASHBORO AND SOUTHERN. 
EARNINGS FROM OPERATION— North Carolina. 



175 



Item. 



Passenger— 

Passenger revenue 

Less repayments — 

Tickets redeemed 

Excess fares refunded 

Other repayments 

Total deductions 

Total passenger revenue 

Mail 

Express 

Extra baggage and storage 

Other items 

Total passenger earnings 

Freight— 

Freight revenue r __. 

I,ess repayments- 
Overcharge to shippers 

Other repayments 

Total deductions 

Total freight revenue 

Total freight earnings 

Total passenger and freight earnings 

Other Earnings from Operation— 

Other sources 

Total other earnings . 

Total gross earnings from operation — N. C. 



Total 
Receipts. 



$11,663.73 



68,353.89 



Deductions, 

Account of 

Repayments, 

etc. 



$34- 14 



34.14 



10,964,51 



10,964.51 



Actual 
Earnings. 





$11,629. 


59 


1,440. 


M 


776 


54 


82 


16 


21. 


4* 



13,949. 91 







57 


.389.38 


57 


389.38 


7i 
7i 


339-29 

54.61 

54.61 

,393.90 



176 



N. C. CORPORATION COMMISSION. 
OPERATING EXPENSES. 



Item. 



Recapitulation of Expenses — 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings— entire line 

Operating Expenses— State of North Carolina — 

Maintenance of ways and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes— including war revenue 

Total 

Percentage of expenses to earnings — North Carolina 



$9, 190.03 
7, 288. 77 

23,349-53 
2,392.55 



42,220.88 



59.13 



9,190.03 
7, 288. 77 
23, 349- 53 
2,392.55 
1,203.80 



43,424. 



60.82 



HIGH POINT, RANDLEMAN, ASHBORO AND SOUTHERN. 



177 



8 8 



■o 




u 


CO 


■d 




39 


T3 
T3 






O 


Ctj 


ay 

a 


<u 

In 


a 




ce 


3 


3 






O 


fe 


y 





r« tj- « 



12 



178 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS. 



Item. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile.- 

Number of passengers carried one mile per mile of road- 
Average distance carried— miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton— miles 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

C«r Mileage, Etc.— 

Mileage of passenger cars 

Average number of passenger cars in train___ 

Average number of passengers in train 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars— south or west 



Column for 

Number 

Passengers, 

Tonnage, Car 

Mileage, 

Number of I 

Cars, etc. 



25,506 

445. 726 

16,632 

17-47 



Columns for Revenue 
and Rates 



102,321 
2, 598, 228 
96,949 
25.39 



Dollars. 



85, 960 

3-09 

16 

140, 723 

48,550 



11,629 



13,949 
520 



57,389 



57,389 

2, 141 

3 

71,482 
2,667 

42,220 
i,575 



Cents 



Mills. 



595 
609 



138 



209 



861 



385 



368 






HIGH POINT, KANDLEMAN, ASHBORO AND SOUTHERN. 



179 



TRAFFIC AND MILEAGE STATISTICS— Continued. 



Item. 


Column for 

Number 
Passengers, 
Tonnage, 
Car Mileage, 
Number 
Cars, etc. 


Columns for Revenue 
and Rates. 


Car Mileage, Etc.— Continued. 


2,924 
94, 241 
16.01 
10. s8 


Dollars. 


Cents 


Mills. 


jmeag o py g . . 
















Average number of loaded cars in train. _ _ 


















145-27 
13-73 
26. So 








Average number of tons of freight in each loaded car 








Train Mileage — 


22,950 
19,494 

3,265 
45,709 

6,753 













































1*0 



N. C. CORPORATION COMMISSION. 



Nortb CaroIiQa Railroad Con)par}y 



DIRECTORS. 



Names of Directors. 


Post-office Address. 


Date of Expiration 
of Term. 


R.F.Hoke 


Raleigh, N.C 

Staggville.N.C 

Winston, N.C 

Wilmington, N.C 


1 


B.Cameron 

H. M. Fries - - __ _ 




| 




Wilmington, N.C 

Durham, N. C 

Asheville, N.C _ 


| 




I 


V. S. Lusk . . 


)■ July 12, 1901. 


J.A.Smith 


Bessemer City, N. C 






Greensboro, N. C 










Burlington, N.C 




W. F. O'Brien. _ _ _ 


Durham, N.C _ 











OFFICERS. 



Title 


Name. 


Location of Office 




John S.Armstrong 

Spencer B.Adams 

N.J. O'Brien _ 


Wilmington, N.C. 
Burlington, N.C. 
Greensboro, N. C. 











PROPERTY OPERATED 





TEKMINALS. 


Miles of 

Line for 

Each Road 

Named. 


Miles of 
Line for 


NAME. 


From— 


To- 


Each 
Class of 

Roads 
Named. 


i. A. North Carolina R. R~ 


Greensboro 




130.00 
91.65 






Air -Line Junction,) 
Charlotte, N.C J 




1 B North Carolina R. R— 




:.9o 




Total . 






Total - — . 




223- 55 







NORTH CAROLINA RAILROAD COMPANY. 



181 



CAPITAL STOCK. 



DESCRIPTION. 


Number of 

Shares 
Authorized. 


Par 

Value of 
Shares. 


Total Par 

Value 
Authorized 


Total 
Amount 
Issued and 
Outstand- 
ing. 


DIVIDENDS DE- 
CLARED DURING 
YEAR. 




R.,te. 


Amount 


Capital stock — Common 


40, 000 


$100.00 


$4, 000, 000 


$4,000,000 


6X |»'r ct 


$260, 000 


Total 


40 , 000 




4, 000, 000 


4, 000,000 















CURRENT ASSETS AND LIABILITIES.— Lessor's Report. 



Amount. 



ASSETS. 

Cash 

Bills receivable 

Due from solvent companies and individuals 

Other cash assets 

Total— cash and current assets 

Total 

LIABILITIES 

Ljoans and bills payable 

Dividends not called for 

Miscellaneous 

Total — current liabilities 

Total 



$134,032,52 

300.00 

2.00 

17.95 



134,352.47 



[34,352.47 



10,000.00 

122,676.50 

108. 00 



132,784.50 



134,352.47 



RECAPITULATION. 

for mileage; owned. 



ACCOUNT. 


Total Amount 
Outstanding. 


Apportion- 
ment to 
Railroads. 


AMOUNT PER MILE OF LINE. 


Miles. 


Amount. 




$4,000,000.00 


All 


223.55 


$17,893.00 







COST OP ROAD, EQUIPMENT AND PERMANENT IMPROVEMENTS. 



Item. 


Total Cost to 
June 20, 1899. 


Total Cost to 
June 30, 1900. 


Cost Per Mile. 


Total cost construction, equipment, etc — State of North 
Carolina. 


$4,975,627.53 


$4,975,627.53 


$22,257.34 



182 



N. C. CORPORATION COMMISSION. 



INCOME ACCOUNT— Lessor's Report. 











1,029.37 












1,029.37 








267,029.37 




4,604.10 

379- 93 
1, 152.82 


Deductions from Income— 




Interest on interest-bearing current liabilities accrued, not other- 
















6,136.85 








260,892.52 










Total — . - — 














892. 52 
1,001,557.74 










254-7* 
1,002,195.00 









NORTH CAROLINA RAILROAD COMPANY. 



183 



EARNINGS FROM OPERATION— lessee's Report. 



Item. 



Total 
Receipts. 



Deductions, 

Account of 

Repayments, 

etc. 



Actual 
Earnings. 



Passenger— 

Passenger revenue 

Less repayments- 
Tickets redeemed 

Excess fares refunded 

Other repayments 

Total deductions 

Total passenger revenue 

Mail 

Express 

Extra baggage and storage 

Other items 

Total passenger earnings 

Freight — 

Preight revenue 

Less repayments- 
Overcharge to shippers 

Other repayments 

Total deductions 

Total freight revenue 

Total freight earnings 

Total passenger and freight earnings 

Other Earnings from Operation— 

Switching charges— balance 

Rents from tracks, yards and terminals 

Rents not otherwise provided for 

Other sources 

Total other earnings 

Total gross earnings from operation — N. C. 

Total gross earnings from operation— en- 
tire line 



$645,378.48 



$3,144.17 



3,i44.i7 



1,641,969.17 



43,494.78 
43,494.78 



$642,234.31 

112,698.87 

55,355-13 

9,013.26 

3, 003. 16 



822,405,18 



1,598,474-39 



1,598,474.39 
2,420,879.57 

2,211.41 
1,-230.00 
^,560.84 
1,972.77 
8, 975- Q3 
2,429,854.59 



2,429,854.59 



184 



N. C. CORPORATION COMMISSION. 







STOCKS OWNED. 






Name. 


Total Par Value. 


Valuation. 


N. W.N.C. R.R. __ _ _ _ _ 


$20, 000. OO 

5, ooo. oo 






5, ooo. oo 








Total 




25, 000. 00 











RENTALS RECEIVED. 



Designation of 
Property. 


Situation of Property 
Leased. 


Name of Company Using 
Property Leased. 


Item. 


Total. 


Tracks— 


Caraleigh Junct. to Ral- 
eigh, N.C. 


R. and C. F. R. R 


$1,230.00 


$1,2-40.00 


Total _ 


1,230.00 











MISCELLANEOUS INCOME. 



Item. 


Net Miscellaneous 
Income. 


Uu ion Passenger Station, Raleigh, N.C — _ - . 


$909.52 
119.S5 


Miscellaneous rents _ _ _ 




Total _ . ._ 


1,029.37 





NORTH CAROLINA RAILROAD COMPANY. 



85 



OPERATING EXPENSES— Lessee's Report. 



Item. 



Maintenence of Way and Structures — 

Repairs of roadway 

Renewal of rails 

Renewal of ties 

Repairs and renewals of bridges and culverts 

Repairs and renewals of fences, road crossings, signs and cattle guards 

Repairs and renewals of buildings and fixtures 

Repairs and renewals of docks and wharves 

Repairs and renewals of telegraph 

Stationery and printing 

Other expenses : : 

Total 

Maintenaisce of Equipment— 

Superintendence 

Repairs and renewals of locomotives 

Repairs and renewals of passenger cars 

Repairs and renewals of freight cars 

Repairs and renewals of work cars 

Repairs and renewals of shop machinery and tools 

Stationery and printing 

Other expenses 

Total ... 

Conducting Transportation — 

Superintendence 

Engine and roundhouse men 

Fuel for locomotives 

Water supply for locomotives .. 

Oil, tallow and waste for locomotives 

Other supplies for locomotives 

Train service 

Tiain supplies and expenses 

Switchmen, flagmen and watchmen 

Telegraph expenses 

^Station service 

•Station supplies .. 

Car mileage— balance 

Hire of equipment— balance 

Loss and damage 

Injuries to persons . 



$128,903.64 

56,586.52 

45,219.96 

39,543.24 

1,544.28 

44,976.21 

20.76 

119.27 

59o. 38 

28.17 



317.532.43 



7,579-27 

109,046.54 

49,701.46 

145,392.27 

805. 27 

11,094.26 

682.74 

2,364.43 
326, 666. 54 



42,753.13 

126,687.58 

129,038.99 

7,673.11 

6,141.94 

3,76o.ii 

75,563.41 

22,032.11 

38.55i.57 

38,504.96 

83.438.17 

9,179.08 

178,448.45 

53,955-74 

23.430.84 

21,039.25 



186 



N. C. CORPORATION COMMISSION. 



OPERATING EXPENSES— Continued. 



Item. 



Conducting Transportation — Continued. 

Clearing wrecks 

Advertising 

Outside agencies 

Commissions 

Rents of buildings and other property 

Stationery and printing 

Other expenses 

Total 

General Expenses— 

Salaries of general officers 

Salaries of clerks and attendants 

General office expenses and supplies 

Insurance 

Law expenses 

Stationery and printing (general offices) 

Other expenses 

Total 

Recapitulation of Expenses— 

Maintenance of way and structures 1 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings— entire line 

Operating Expenses — North Carolina. 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes (including war revenue) .. 

Total 

Percentage of expenses to earnings— North Carolina 



Amount. 



81,107.47 

7,220.62 

34.388.3)? 

1,280.51 

400. 66 

2I.594- 17 

1,049.05 

930, 239. 29 



13,444.67 

29,854.80 
4,258.00 
4,651.33 

13, 733- 12 
4,492.31 
7,432.10 

77,866.33 



317,532.43 

326, 666. 54 

930,239.29 

77,866.33 



1,652,304.59 



317,532.43 
326, 666. 54 

930, 239. 29 
77,866.33-. 
38,3T3.i3 



1,690,617.72 



69.58 



NORTH CAROLINA RAILROAD COMPANY. 



187 



"3 

o 
H 


ro O w 
in O N 

ti d n 

N O VC 

vO O On 
lO lO CO 

OS H 


s 

v 





188 



N. C CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS— North Carolina. 



Item. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road__ 

Average distance carried 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road _____ 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic — 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Car Mileage, Etc— 

Mileage of passenger cars 

Average number of pas^eneer cars in train 

Average number of passengers in train 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars— south or west 



Column for 

Number 

Passengers, 

Tonnage Car 

Mileage, 

Number of 

Cars, etc 



Columns for Revenue 
and Rates. 



609, 628 
27,087,814 
121,171 
44-45 



1,876,313 
194, 194, 161 
868,683 
103. 50 



3.542,425 
5.3 
4i 
10,206,157 

6,819,794 



Dollars. 



642, 234 



822,405 

3,678 

1 



' , 598, 474 



1,598,474 

7,150 

2 

2,429,854 

10,869 

3 

i, 6 5 2 ,3°4 

7,39i 

1 



Cents 



NORTH CAROLINA RAILROAD COMPANY. 



189 



TRAFFIC AND MILEAGE STATISTICS-Continued. 



Item. 


Colnmn for 

Number 

Passengers, 

Tonnage, Car 

Mileage, 

Number of 

Cars, etc. 


Columns for Revenue 
and Rates. 


Car Mileage, Etc — Continued. 

Mileage of empty freight cars — north or east 


328,826 
3,546,223 

26.40 
21.51 

4.89 

245-37 

11. 41 

223.55 

652,953 
30, 644 

768,459 


Dollai s. 


Cents 


Mills. 


Mileage of empty freight cars— south or west. _ _ 








Average number of freight cars in train _ _____ 








Average number of loaded cars in train _ _ 








Average number of empty cars in train__ _ _ 








Average number of tons of freight in train _ _ __ 








Average number of tons of freight in eaAi loaded car - _ 








Average mileage operated during year 








Train Mileage— 

Mileage of revenue passenger trains- _ __ 








Mileage of revenue mixed trains _. __ _ ___ 








Mileage of revenue freight trains 
















Total revenue train mileage _ .__ 


1,452,056 
488, 830 




Mileage of non-revenue trains 


! 











190 



N. C. CORPORATION COMMISSION. 



North Carolina Midland Railroad Company 









Name of Directors. 


Post-office Address 


Date of Expiration of Term. 


J. B. Vaughan _ _ _ _ __ _ 


Winston, N. C 


1 


H.R.Fries _ . 


Salem, N.C ._ . 


G.W. Hinshaw _ _ 


Winston, N.C 




J.R.McLellan - 






A.Leazer__ . _ . _ 






F. M.Johnson 


Farrflington,N. C 

Concord, N.C 


November 8, 1900, or until 
}■ successors are elected. 


W.C.Wilson __ . _ 


Mocksville, N. C 




Raleigh, N. C 

Winston, N.C 




R. J.Re3'nolds_ _ _ 






Winston, N.C 


1 


M. D. Darley . _ _ _ _ 


Winston, N.C 

Salem, N.C . _ 




J. W. Fries - 


J 







OFFICERS. 



Title. 


Name. 


Location of Office. 






Raleigh, N. C. 
Washington, D.C. 
Raleigh, N.C. 
Washington, D.C. 
Washington, D.C. 
Charlotte, N.C. 




W.W.Finley 

H. W. Miller 






H. C. Ausley 




A. H. Plant _ _ ._ 


Division Superintendent 


W. B. Rider __ 







PROPERTY OPERATED— State of North Carolina. 





TERMINALS. 


Miles of Line 
for Each Class 


NAME. 


From — 


To— 


of Roads 
Named. 


i— A. North Carolina Midland Railroad 


Mjoresville 


Winston-Salem 


$53.62 



NORTH CAROLINA MIDLAND RAILROAD COMPANY. 191 

CAPITAL STOCK. 



• 
Description. 


Number of 

Shares 
Authorized. 


Par 
Value of 
Shaies. 


Total Par 

Value 

Authorized. 


Total 
Amount 
Issued and 
Outstand- 
ing. 




9,240 


$100.00 


Issued at the 
rate of $25,- 
000 per mile. 


$924,000.00 





Total number shares issued and outstanding for construction, 9, 240. 



FUNDED DEBT. 
MORTGAGE BONDS, MISCELLANEOUS OBLIGATIONS. AND INCOME BONDS. 



CLASS OF BOND OR 
OBLIGATION. 



First Moitgage. 



TIME 






O V 




3 


a <u 




<Li 3 




50 


Q 


5* 


1S91 


1931 



Amount of 

Authorized 

Issue. 



$25,000 per 
mile of road. 



Amount 
Issued. 



$801,000.00 



Amount 
Outstanding 



$801,000.00 



Cash realized 

on Amount 

Issued. 



No record. 



CLASS OF BOND OR OBLIGATION. 



First Mortgage- 



Rate 
Per 
Cent. 



INTEREST. 



When 
Payable. 



Jan. and July 



Amount 
Accrued Dur- 
ing Year. 



$48, 060 . 00 



Amount 

Paid During 

Year. 



$48, 060. 00 



CURRENT ASSETS AND LIABILITIES. 



ASSETS. 

Total current liabilities 

LIABILITIES. 

Audited vouchers and accounts 

Matured interest coupons unpaid (including coupons due July 1). 
Total current liabilities 



$268,133.41 

244, 103.41 

24, 030. 00 

268,133.41 



RECAPITULATION. 

FOR MILEAGE OWNED. 



Capital stock 

Bonds 

Total- 



Total 
Amount Out- 
standing. 


Apportion- 
ment to 
Railroads. 


AMOUNT PER MILE OF LINE. 


Miles. 


Amount. 


$924,000.00 
801,000.00 


All 

All 


53.62 

53-62 


$17,232 
14,940 


1,725,000.00 




53.62 


32,172 





192 



N C. CORPORATION COMMISSION. 



COST OP ROAD, EQUIPMENT, AND PERMANENT IMPROVEMENTS. 



Item. 


Expenditures 

During Year 

Charger! to 

Construction or 

Equipment. 


Total Cost to 
June 30, 1899. 


Total Cost to 
June 30, 1900. 


Cost Per 
Mile. 




$14,522.13 
















Grand total cost construction, equip- 


14,522.43 


1,729,613.35 


1,744,135.78 


32, 528. 00 





INCOME ACCOUNT. 





$189,034.25 
114,356.20 




























874,678.05 




















74,678.05 


Deductions from Income— 


48, 060. 00 
1,630.08 








ome 












49,690.08 


















24,987.97 




nding June 36, 1900 
"General Balance 








Surplus from operations ot year e 
Deficit on June 30, 1899, [from 


24,987.97 
273,985.60 


Sheet," 


1899 






Deficit on June 30, 1900, [for entry 


on ' 


'General Balance Sheet 


"] 


248,997.63 







NORTH CAROLINA MIDLAND RAILROAD COMPANY. 



193 



EARNINGS FROM OPERATION- North Carolina. 



Passenger— 

Passenger revenue 

I,ess repayments- 
Tickets redeemed 

Excess fares refunded 

Other repayments 

Total deductions 

Total passenger revenue 

Mail 

Express 

Extra baggage and storage 

Other items 

Total passenger earnings 

Freight— 

Freight revenue 

I,ess repayments — 

Overcharge to shippers 

Other repayments 

Total deductions 

Total freight revenue 

Total freight earnings 

Total passenger and freight earnings 

Other Earnings from Operation — 

Switching charges 

Rents not otherwise provided for 

Other sources 

Total other earnings 

Total gross earnings from operation— N. C— 

Total gross earnings from operation— entire 
line 



Total 
Receipts. 



Deductions, 

Account of 

Repayments, 

etc. 



$20,074.34 



165,804.19 



$58.37 



58.37 



306.57 



306. 57 



Actual 
Earnings. 





$20 


OI5-97 


I 


945-39 




665. 72 




119-41 




29.50 


22 


775-99 



165,497.62 
165,497.62 
188,273.61 

595-9' 
105. 60 

59-13 

760. 64 



189,034.25 
189,034.25 



•13 



194 



N. C. CORPORATION COMMISSION. 



OPERATING EXPENSES 

Item. 

Recapitulation of Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings,— entire line 

Operating Expenses— North Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes (including war revenue) 

Total 

Percentage of expenses to earnings— North Carolina 



Amount. 



$29,761.12 

19.746.37 

60, 632. 71 

4,216.00 

1 14, 356. 20 

60.50 



29,761.12 

19,746.37 

60,632.71 

4,216.00 

1,630.08 

115,986.28 

61.36 





COMPARATIVE GENERAL BALANCE SHEET. 




JUNE 30, 1899. 


ASSETS. 


YEAR ENDING JUNE 30, I9OO. 


Total. 


Total. 


Increase. 


Decrease. 


$1,729,613.35 

273,985-6o 




$1,744,135.78 
248,997.63 


814.522.43 






$24,987.97 






2,003,598.95 


1,993,133.41 




10,465-54 


LIABILITIES. 




924,000.00 
801,000.00 
278,598.95 


924,000.00 
8oi,000.00 
268,133.41 
















10,465.54 






2,003,598.95 


1,993,133.41 




10,465.54 







NORTH CAROLINA MIDLAND RAILROAD COMPANY. 



195 



TRAFFIC AND MILEAGE STATISTICS— State of North Carolina. 



Item. 



Column for 
No. Passen- 
gers, Ton- 
nage, Car 
Mileage, 
No. Cars, 
etc, 



Passenger Traffic— 

Number of passengers carried earning revenue 30,535 

Number of passengers carried one mile j 729, 840 

Number of passengers carried one mile per mile of road— i 13,611 



Average distance carried 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue- 
Number of tons carried one mile 

Number of tons carried one mile per mile of road_. 

Average distance haul of one ton 

Total freight revenue 

Average amount received for each ton of freight- 
Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from earnings per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Car Mileage, Etc — 

Mileage of passenger cars 

Average number of passenger cars in train 

Average number of passengers in train 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars — south or west 

Mileage of empty freight cars — north or east 



23.90 



245, 142 

11,958,763 

223, 028 

48.78 



Columns for Revenue 
and Rates. 



Dollars. 



iH,"5 

2.61 

17 

141,010 

619, 848 

447,6n 



20, 015 



Cents 



22,755 
424 



165,497 



'65,497 
3,086 



189,034 

3,525 



'4,356 
2,132 



62 
67 
01 

62 

49 
48 

25 
44 

71 
20 

71 
03 



Mills. 



196 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS— Continued. 






Item. 


Column for 
No. Passen- 
gers, Ton- 
nage, Car 
Mileage, 
No. Cars, 
etc. 


Columns for Revenue 
and Rates. 


Car Mileage — 


3f,777 
18.58 
11.40 
7.18 
179. 22 
15-72 
53.62 








































Average number of tons of ireight in each loaded car 






















Train Mileage — 


35.098 
34, 754 
40, 660 






























110,512 


















35,172 

















State UQiversity Railroad Company 



DIRECTORS. 



Name of Directors 


Post-office Address. 


Date of Expiration of 
Term 




Raleigh, N.C _ ___ 


1 




Chapel Hill, N.C - 




J S. Carr - - - - - - 


Durham, N. C 

Raleigh, N.C __ __ 


! Until their successors 
j are elected or appointed 






Durham, N.C 


J 









STATE UNIVERSITY RAILROAD COMPANY. 



197 



OFFICERS. 



Title. 


Name. 


Location of Office. 






Raleigh, N.C. 
Raleigh, N.C. 
Washington, D.C. 
Washington, D.C. 


Secretary 


H. W. Miller 

H. C.Ansley ________„ 




A. H. Plant 


Division Superintendent 


N. J. O'Brien . _ 







PROPERTY 


OPERATED— State of North Carolina. 






TERMINALS. 


Miles of 
Line for 


NAME. 


From— 


To— 


Each Class 
of Roads 
Named. 


i A —State University Railroad 




Chapel Hill 








Total __ _ _ . _ 













CURRENT ASSETS AND LIABILITIES. 



Balance current liabilities 


ASSETS. 


$70,096.99 






Total _ - _ ___ __ 


70, O96. 99 




LIABILITIES. 




$70, O96. 99 






Total current liabilities. 


70, 096. 99 






Total. _ _ 


70, 096. 99 





RECAPITULATION. 

FOR MILEAGE OWNED 





Total 

Amount 

Outstanding 


Apportion- 
ment to 
Railroads. 


AMOUNT PER MILE OF LINE. 


ACCOUNT. 


Miles. 


Amount. 


Capital stock _ - __ __ _ 


$31,300.00 


All 


10.20 


$3,069.00 


Total 


31,300.00 


All 


10.20 


3, 069. 00 





198 



N. C. CORPORATION COMMISSION. 



COST OP ROAD, EQUIPMENT AND PERMANENT IMPROVEMENTS. 



Item. 


Expenditures 
During Year 
Charged to 
Construction 
or Equipment. 


Total 

Cost to 

June 30,1899. 


Total 

Cost to 

June 30,1900 


Cost 
Per Mile. 




$250.97 
















Grand total cost construction, equipment, etc_ 


250.97 


____! 




1 




Total cost construction, equipment,etc— State 




$31,408.78 


$31,659.75 


831.0+ 







INCOME ACCOUNT. 



Gross earnings from operation 

I^ess operating expenses . 

Income from operation 

Total income 

Deductions from Income— 

Taxes .__ 1 

Total deductions from income 

Net income 

Surplus from operations of year ending June 30, iqoo_ 



Deficit on June 30, 1899 [from " General Balance Sheet," 
port] 



Re- 



Deficit on June 30, 1900 [for entry on " General Balance Sheet "]. 



$14,308.15 
13,880.81 



247. 80 



S427-3+ 
427.34 



247.80 



179-54 
179-54 

69,916.78 



69i 737- 24. 



STATE UNIVERSITY RAILROAD COMPANY. 



199 



EARNINGS FROM OPERATION— North Carolina. 



Item. 


Total 
Receipts. 


Deductions, 

Account of 

Repayments, 

etc. 


Actual 
Earnings. 


Passenger— 


$3. 838. 71 








$14.47 




Less repayments— 














14.47 














$3, 824. 24 

523. 34 

277.36 

35.63 

6.42 


! 

Mail ' ' 




1 
1 








1 










4,666.99 




9,784.01 




Freight— 






178.54 




Less repayments — 














178.54 














9,605.47 
9,605.47 
















14, 272.46 








Other Earnings from Operation — 


10. 15 
6.29 
















16.44 










14,288.90 
14,288,90 


Total gross earnings from operation — entire 
line 









200 



N. C. CORPORATION COMMISSION. 



OPERATING EXPENSES— Entire Line. 

Item. 

Recapitulation of Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 1 

Grand total 

Percentage of expenses to earnings— entire line 

Operating Expenses— North Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes (including war revenue) 

Total 

Percentage of expenses to earnings -North Carolina 



Amount. 



$2,941.38 

1, 373- 08 

8, 840. 30 

706.80 

13,861.56 

97.01 



2,941.38 

i,373.o8 

8, 840. 30 

706.80 

247. 80 

14,109.36 



98.74 



COMPARATIVE GENERAL BALANCE SHEET. 



JUNE 30, 1899. 


assets. 




YEAR 


ENDING JUNE 30, I9OO. 


Total. 


Total. 


Increase. 


Decrease. 


$3', 408. 78 
69,916.78 


(Cost of road 

(Cost of equipment 


1 

....... f 


$31,659.75 
69, 737. 24 


$250. 97 




$179-54 




• 




101,325.56 


ior,396.Q9 


71-43 




' LIABILITIES. 




31,300.00 
70, 025. 56 


31,300.00 
70, 096. Q9 






Current liabilities 


71-43 




101,325-56 


101,396.99 


71-43 









STATE UNIVERSITY RAILROAD COMPANY. 



201 



TRAFFIC AND MILEAGE STATISTICS.— North Carolina. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road._ 

Average distance carried — miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Car Mileage, Etc — 

Mileage of passenger cars - 

Average number of passenger cars in train 

Average number of passengers in train 

Mileage of loaded freight cars— north or east 



Column for 
Number 

Passengers, 
Tonnage, 

Car Mileage, 
Number of 
Cars, etc 



14,333 

140,790 

13, 803 

9.82 



8,174 

81,740 

8,014 

10. CO 



13.560 

1. 71 

18 

5,741 



Columns for Revenue 
and Rates. 



Dollars. 



3,824 



4,666 

448 



9,605 



9,605 
941 



14, 288 

1,400 

1 

13,861 

i,358 

1 



Cents 



202 



N. C CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS.— North Carolina 


— Continued. 




Item. 


Column for 

Number 
Passengers, 

Tonnage, 
Car Mileage, 
Number of 

Cars etc. 


Columns for Revenue 
and Rates. 


Car Mileage, Etc.— Continued. 


8.584 
3,687 
1,073 
4.01 
3-oi 
1. 00 
17.21 
5-70 
10.20 

6,3to 

6,280 

40 

12,660 

774 


Dollars. 


Cents 


Mills. 


























Average number of loaded cars in train 






















Average number of tons of freight in each loaded car 














Train Mileage— 

















































YADKIN RAILROAD COMPANY. 



203 



Yadkin Railroad Company. 





DIRECTORS. 




Name of Directors. 


Post-office Address. 


Date of Expiration 
of Term. 


D.R. Julian - - - 


Salisbury, N. C _ . 






Salisbury, N.C 




Wm. Stnithdeal _ - 


Salisbury, N. C 






Salisbury, N. C _ 






Charlotte, N. C _ . 






Albemarle, N. C _ 


November 24, 1900, 




Albemarle, N.C -_ 


c e s s r s are ap- 
pointed. 


D.N.Bennett. _ _. . . _ 




L.W.Coleman - 


Rockwell, N. C _ _ 




J.M.Odell _ - ~ 


Concord, N. C 






Raleigh, N.C 











OFFICERS. 



Title. 



Presiden t 

Vice-President 

Secretary 

Treasurer 

Assistant Secretary 

Auditor 

Division Superintendent 



Name. 



A.B Andrews. 
Theo.G.Kluttz 
H.W.Miller— 
H. C. Ansley_._. 
A.H.Boyden__ 

A. H. Plant 

W. B. Ryder 



Location of Office. 



Raleigh, N.C. 
Salisbury, N. C. 
Raleigh, N.C. 
Washington, D.C. 
Salisbury, N.C. 
Washington, D.C. 
Charlotte, N.C. 







PROPERTY OPERATED- 


-North Carolina. 






NAME. 




TERMINALS. 


Miles of 
Line for 




From — 


To— 


Each Class 
of Roads 
Named. 




Salisbury, N. C 










Total. _ 












41.00 






1 







204 



N. C. CORPORATION COMMISSION. 



CAPITAL STOCK. 



Description. 


Number of 

Shares 
Authorized. 


Par Value 

of 

Shares. 


Total Par 

Value 

Authorized. 


Total Amount 

Issued and 
Outstanding. 




12,500 


$50. 00 


$625,000.00 


$625, 000. 00 





Manner of Payment for Capital Stock. 



Issued for construction -common. 



Total Number 

Sharess 

I-sued and 

Outstanding. 



FUNDED DEBT. 
MORTGAGE BONDS, MISCELLANEOUS OBLIGATIONS, AND INCOME BONDS. 





TIME. 


Amount of 

Authorized 

Issue 


Amount 
Issued 


Amount 
Outstanding. 


Cash Real- 


CLASS OF BOND OR 
OBLIGATION. 


<U (J) 

a 




ized on 

Amount 

Issued. 




1890 


1935 


$615,000.00 


8615,000.00 


$615,000.00 









CLASS OF BOND OR OBLIGATION. 



INTEREST. 



Rate 

Per 

Cent. 



When 
Payable. 



Amount 

Accrued Dur 

ing Year. 



Amount 
Credited Dur- 
ing Year. 



First mortgage. 



Apr. & Oct. 



$36, 900. 00 



$36, 900. 00 



RECAPITULATION OP FUNDED DEBT. 





Amount 
Issued. 


Amount 
Outstanding. 


INTEREST. 


CLASS OF DEBT. 


Amount Ac- 
crued During 
Year. 


Amount 

Credited 

During Year. 


Mortgage bonds 


$615,000.00 
615,000.00 


$615,000.00 


$36, 900. 00 


$36, 900. 00 


Total 


615,000.00 


36,900.00 


36, 900 . 00 



CURRENT ASSETS AND LIABILITIES. 
Total current assets and liabilities 



?338, 753- 23 



YADKIN RAILROAD COMPANY. 



205 



RECAPITULATION. 

FOR MILEAGE OWNED. 





Total Amount 
Outstanding. 


Apportion- 
ment to 
Railroads. 


AMOUNT PER MILE OF LINE. 


Account. 


Miles. 


Amount. 




$625, coo 
615,000 


All 


4I.OO 
41. 00 


$15, 244 




All - - - 


15,000 








Total _ - - 


1,240,000 




4I.OO 


30, 244 









COST OP ROAD, EQUIPMENT, AND PERMANENT IMPROVEMENTS. 



Item 


Expenditures 

During Year. 

Not Included in 

Operating Ex- 
penses, Charged 
to Construction 

or Equipment. 


Total Cost to 
June 30,1899. 


Total Cost to 
June 30, 1900. 


Cost Per Mile. 


Total construction _ __ _ _ _. 


$8, 183. 20 
















Total cost construction, equipment, 
etc, North Carolina 


8,183 20 


Si, 242, 284.86 


$1,250,468.06 


$30, 499- 22 



INCOME ACCOUNT. 



Gross earnings from operation _______ 


$77,381.76 
51, 100. 19 




Less operating expenses _ _ . _ . 












$26,281.57 






Total income- _ _ __ _ __ ... 


26,281.57 


Deductions from Income— 

Interest on funded debt accrued _ _ __ _ 


36,900.00 
1, 203. 96 


Taxes __ 




Total deductions from income _ __ __ __ 


38,103.96 


' 




Deficit _ _ .„. _ ___ 


11,822.39 






Deficit from operations of year ending June 30, 1900 _ 


11,822.39. 
316,462.78 


Deficit on June 30, 1899, [from 'General Balance Sheet," 1899 
Report] _ __ _ _ _ _ _ 








Deficit on June 30, 1900, [for entry on "General Balance Sheet."]— 


328,285.17 





206 



N. C. CORPORATION COMMISSION. 



EARNINGS PROM OPERATION— North Carolina. 



Item. 


Total 
Receipts. 


Deductions, 

Account of 

Repayments, 

etc. 


Actual 
Earning4. 


Passenger— 


$?o,4i5.5i 






I,ess repayments — 


$41.72 
41.72 






1 
- - )■ 






1 






















$20, 373. 79 

2, 099. 28 

1,053.96 

109.95 

65.03 


Mail__ _ . 


































23, 702. 01 


Freight— 


53, 740.98 








1 14. 19 




Less repayments- 
Overcharge to shippers 






Other repayments 






114. 19 
















53,626.79 












53,626.79 












77,328.80 
11-75 


Other Earnings from Operation— 
























52.96 




N.C- 
— en- 






Total gross earnings from operation- 


77,38i.76 






Total gross earnings from operation- 


77,38i.76 









YADKIN RAILROAD COMPANY. 



207 



OPERATING EXPENSES. 



Item. 



Amount. 



Recapitulation of Expenses — 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings— entire line 

Operating Expenses— State of North Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Taxes (including war revenue) 

Total 

Percentage of expenses to earnings— North Carolina 



$15,384.96 

7,214.97 

26,328.78 

2, 171.48 



51,100.19 



66.04 



15,384.96 
7,214.97 

26,328.78 
2,171.48 
1,203.96 

52,304.15 



67.59 



COMPARATIVE GENERAL BALANCE SHEET. 



JUNE 30,1899. 


ASSETS. 


YEAR ENDING 


JUNE 30, 1900. 


Total. 


Total. 


Increase. 


$1,242,284.86 
316,462.78 


Cost of road _ _ _ __ 


$1,250,468.06 

328,285.17 


88,183. 20 
11,822.39 


OTHER ASSETS. 

Profit and loss __ _ __ _ 




1,558,747.64 


1,578,753.23 


20,005.59 


liabilities. 
Capital stock . . _ __ _ 


625,000. 00 


625, 000. 00 
615,000.00 
338,753-23 




615,000.00 
318,747.64 


Funded debt _ . _ 




Current liabilities 


20, 005. 59 


Grand total . 


1,558,747.64 


1,578,753.23 


20, 005. 59 





208 



N. 0. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS.— North Carolina. 



Item. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road- 
Average distance carried 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic — 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Car Mileage, Etc— 

Mileage of passenger cars 

Average number of passenger cars in train 

Average number of passengers in train 

Mileage of loaded freight cars — north or east 

Mileage of loaded freight cars— south or west 

Mileage of empty freight cars — north or east 



Column for 

Number 

Passengers, 

Tonnage, Car 

Mileage, 

Number of 

Cars, etc. 



41,255 
696,685 
16, 992 
16. i 



46,304 
1,230,401 
30,010 
26.52 



Columns for Revenue 
and Rates. 



72,482 
2.67 
26 
66,333 
65,?58 
14,286 



Dollars. 



20, 373 



23,702 
578 



53, 626 



53,626 

1,307 

2 

77,499 

1,890 

1 

51,100 
1,246 



Cents, 



87 



Mills. 



DANVILLE AND WESTERN RAILWAY COMPANY. 



209 



TRAFFIC AND MILEAGE STATISTICS— Continued 



Item. 


Column for 

Number 

Passengers, 

Tonnage Car 

Mileage, 

Number of 

Cars, etc. 


Columns for Revenue 
and Rates. 


Car Mileage, Etc.— Continued. 


17,470 
8.42 
6.79 
1.63 

63.42 
9-34 

41.00 

20, 732 

25, 789 

60 

46,581 

17,081 


Dollars 


Cents 


Mills. 






Average number of loaded cars in train 






















Average number of tons of freight in each loaded car 












Train Mileage— 






. 


Mileage of revenue mixed trains 


















i 






' 





Danville and Western Railway Company 





OFFICERS. 




Title. 


Name. 


Location of Office. 


President 




Raleigh, N. C. 
Raleigh, N.C. 


Secretary 


H.W.Miller 


Treasurer, Superintendent, etc.. 


G.K.Griggs 









14 



210 



N. C. CORPORATION COMMISSION. 
PROPERTY OPERATED. 



TERMINALS 




Miles. 




From— 


To— 




Danville, Va j Stuart, Va 






D.M. and S. W—Leaksville Junction ' Leaksville, Va_ 




75 
8 


Total 


83 





Capital stock 

Capital stock per mile 



CAPITAL STOCK. 



$368, 600. 00 
4,441.00 



FUNDED DEBT. 



Funded debt 1 $1,052,000.00 

Funded debt per mile ; 12,675.00 



CURRENT ASSETS AND LIABILITIES. 

Assets 

Inabilities 

Balance current liabilities 



$12,362.30 
472, 248. 82 

459,886.52 





INCOME 


ACCOUNT. 










8119,136.75 
87,709.46 


















31,427.29 




$52, 600. 00 
5,072.02 


















57.672.02 














26, 244. 73 




396,111.86 
422,356.59 













NORTH AND SOUTH CAROLINA RAILROAD COMPANY. 



211 



EARNINGS FROM OPERATION. 



Passenger earnings 

Freight earnings 

Total freight and passenger earnings . 
Earnings— North Carolina 

Operating expenses — North Carolina 

Percentage of expenses to earnings 



1,484.78 
8,455-19 



$44, 003. 83 
73,943-99 



7,947-82 



73.62 



North ar)d South CaroliQa Railroad Company. 



OFFICERS. 



Title. 



President 

Secretary 

Treasurer 

Auditor 

Division Superintendent. 



A. B. Andrews.. 
Josiah F. Hill _. 

H.C. Ansley 

R.D. Lankford. 
H. E. Hutchens. 



Location of Office. 



Raleigh, N.C. 
New York 
Washington, D.C. 
New York. 
Lawrenceville, Va. 



PROPERTY OPERATED. 



Virgilina to Copper Mines (miles) 



62 



CAPITAL STOCK. 



Capital stock 

Capital stock per mile. 
Cost of road 



$50, 000. 00 
10,822.59 
10,822.59 



INCOME ACCOUNT. 



Gross earnings from November 13, 1899 

Operating expenses from November 13, 1899. 

Deficit 

Taxes 

Total 



$676. 


70 


9.8 


46 


241 


76 


9 


81 



212 



N. C. CORPORATION COMMISSION. 



MISCELLANEOUS RAILROADS. 



Aberdeen and flshboro Railroad Cornpany. 



DIRECTORS. 



Name of Director. 



Henry A. Page.— 
Robert N. Page _. 

J. R. Page 

Frank Page 

W. H. Page 

N. A. McKeethan 



Post-office Address. 



Aberdeen, N.C - 

Biscoe,N C 

Biscoe,N.C 

Biscoe, N. C 

New York City. 
Aberdeen , N. C _ 



Date of Expiration 
of Term. 



OFFICERS. 



Title. 



Name. 



Location of Office. 



President 

Secretary and Treasurer 
Attorney 

Auditor 

General Manager 

Traffic Manager, etc 



Henry A. Page 
Robert N. Page 
W.C.Douglass 

Frank Page 

J.R.Page 

Henry A.Page 



Aberdeen, N.C. 
Biscoe, N.C 
Carthage, N. C. 
Biscoe, N. C. 
Biscoe, N. C. 
Aberdeen, N.C 



PROPERTY OPERATED 

Aberdeen and Ashboro— from Aberdeen to Ashboro,N. C 

Aberdeen and Ashboro — Biscoe to Mt. Gilead 

Total 



55.20 miles 
21.30 miles 
76.50 miles 



ABERDEEN AND ASHBORO RAILROAD COMPANY. 



213 



CAPITAL STOCK. 

Capital Stock — common — number of shares authorized 

Par value of shares 

Total par value authorized 

Total amount issued and outstanding 

Total number shares issued and outstanding 

Total cash realized 

Capital stock per mile 

Dividend of 6 per cent declared. 



6,500 

$100.00 

650, 000. 00 

250,000.00 

2,500 

8190,000.00 

3,267.97 



FUNDED DEBT. 



Amount issued 

Date of issue, 1890. When due, 1910. 

Rate of interest, 6 per cent, payable January and July. 

Miscellaneous obligations 

Total debt per mile 



$80,000.00 



8, 696. 25 
1,154.42 



Balance on cash assets— 



CURRENT ASSETS. 



$6,303-78 



INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Deductions from Income— 

Interest on funded debt accrued 

Taxes 

Permanent improvements 

Total deductions from income 

Net income 

Dividends, 6 per cent, common stock 

Other payments from net income — current liabilities paid. 

Total 

Surplus from operations of year ending June 30, 1900 



Surplus on June 30, 1899, (from "General Balance Sheet," 1899 
Report] 



Surplus on June 30,1900, [for entry on "General Balance Sheet."]. 



8145,961.09 
84,461.98 



6, 600 . 00 

1,657.95 

6, 600. 00 



15,000.00 
31,057.86 



861,499. 11 



14,857.95 



46,641. 16 



46,057.86 
583-30 

5, 526. 10 
6, 009. 00 



214 



N. C. CORPORATION COMMISSION. 



EARNINGS PROM OPERATION. 



Total 
Receipts. 



Passenger— 

Passenger revenue 

Less repayments 

Total passenger revenue 

Mail 

Express 

Total passenger earnings 

Freight— 

Freight revenue 

Less repayments- 
Overcharge to shippers 

Other repayments 

Total deductions 

Total freight earnings 

Total passenger and freight earnings 

Other Earnings from Operation— 

Telegraph companies 

Total other earnings 

Total gross earnings from operation — N. C_ 



816,083.91 



Deductions, 

Account of 

Repayments, 

etc 



$29. 20 



35o. 25 
809. 84 



1, 160.09 



Actual 
Earnings. 



616,054.71 

2, 703. 36 

252. 05 



19,010. 12 



126,080.08 
145, 090. 30 

871-89 

871.89 

145,961 05 



COST OP ROAD, EQUIPMENT AND PERMANENT IMPROVEMENTS. 



Cost to June 30, 1899- 
Cost to June 30, 1900- 



8332,476.0a 

372,774.71 



RECAPITULATION OP EXPENSES. 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 



$23,807.72 
19, 244. 28 

31,717.30 

9, 692. 60 

84,461.98 



ABERDEEN AND EOCKFISH RAILROAD COMPANY. 



215 



Aberdeen anq RocKfish Railroad Coropany. 



DIRECTORS. 



Name of Directors. 



Post-office Address. 



Date of Expiration 
of Term. 



John Blue 

N.S.Blue 

N.A.McKeethan 

A. D. McLean 

R.N.Page 



Aberdeen, N.C 
Aberdeen, N.C . 

Biscoe.N.C 

Aberdeen, N.C 
Biscoe, N.C 



June 30, 1900. 
June 30, 1900. 
June 30, 1900. 
June 30, 1900. 



OFFICERS. 



Title. 


Name. 


Location of Office. 






Aberdeen, N.C. 








Secretary and Treasurer ... 

1 


N.S.Blue . _ 


Endon,N.C. 








John Blue 

C.H.Scott _. 






Warrenton, N. C 




C.N. Blue 


Aberdeen, N. C. 


Attorney 




Carthage, N.C. 





PROPERTY OPERATED. 





TERMINALS. 


Miles of 
Linefor 




From— 


To— 


Each Road 
Named 


Aberdeen and Rockfish Railroad 






30.00 
8.50 






Kndon 






Total 


38.5« 











216 



N. C. COKPORATION COMMISSION. 



CAPITAL STOCK 

Capital stock — common — number of shares authorized __. 

Par value of shares 

Total par value authorized 

Total amount issued and outstanding 

LIABILITIES 

Balance current liabilities 

Cost of road and equipment June 30, 1899 

Cost of road and equipment June 50, 1900 

Cost per mile 



2, 900. 00 

$50. 00 

145,000.00 

100, 000. 00 

28, 300. 98 

79,386.67 

124,686.98 

3,238.59 



INCOME ACCOUNT. 





$32, 728. 46 
17,710.95 
















$15,017.51 
855.00 


Deductions from Income — 




Taxes __ ____ .___._ ___ ____„. 


466.53 
1,614.44 








2,935-97 








12,081.54 







OPERATING EXPENSES 

_ % 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 



$5, 241. 89 
3,165.50 
6, 106. 13 
3,197-45 



17,710.95 



ATLANTIC AND NORTH CAROLINA RAILROAD COMPANY. 



217 



Atlantic and Nortb Carolina Railroad Company. 



DIRECTORS. 



Name of Director. 



Post-office Address. 



Date of Expiration of 
Term. 



James A. Bryan 

J. A. Meadows 

W.M.Webb 

L. Harvey 

Samuel C. Sugg 

T.C.Whitaker 

James A. Westbrook 

Lewis G.Daniels 

C. E. Foy 

Henry Weil 

K.C.Duncan 



New Bern,N.C 

New Bern.N.C 

Morehead City, N.C 

Kinston.N.C 

Snow Hill, N.C 

Trenton, N.C 

Mt. Olive, N.C 

Bayboro, N. C 

New Bern.N.C 

Goldsboro, N. C 

Beaufort, N.C 



September 27, 1900. 



OFFICERS. 



Title. 


Name. 


Location of Office. 


President 


1 


New Bern, N.C. 




M. Manly 

C. L. Abernathy __ 


New Bern.N.C. 




New Bern, N.C. 


Auditor _ _ __ _ 


S. I. Wooten 


New Bern, N.C. 


General Superintendent _ 


S.L.Dili -_ . — 


New Bern, N.C. 


General Freight Agent _ __ ._ . 


S.L. Dill 


New Bern, N.C. 


General Passenger Agent __ _ 


S. L. Dill 


New Bern, N.C. 









PROPERTY OPERATED— State of North Carolina. 






TERMINALS. 


Miles of 
Line for 




From — 


To— 


Each Road 
Named. 


Atlantic and North Carolina R. R___ 


Goldsboro, N. C 


Morehead City, N. C 


95.oo 






Total 


95-00 




! " 



218 



N. C. CORPORATION COMMISSION. 



CAPITAL STOCK. 





Number of 

Shares 
Authorized. 


Par Value 
of Shares. 


Total Par 

Value 

Authorized. 


Total 

Amount 

Issued and 

Outstanding. 


DIVIDENDS DECLA R- 
ED DURING YEAR. 


DESCRIPTION. 


Rate Per 
Cent. 


Amount. 


Capital stock— common _ 


1 8, ooo 


$100.00 


fi, 800,000. 00 


$1,797,200.00 


2 


$35,944,oo 


Total- _ . __ 




100. oo 


1,800,000.00 


1,797,000.00 




35,944,00 







FUNDED DEBT. 
MORTGAGE BONDS, MISCELLANEOUS OBLIGATIONS, AND INCOME BONDS. 





TIME. 


Amount of 

Authorized 

Issue. 


Amount 
Issued. 


Amount 
Outstanding. 


Cash Real- 


CLASS OF BOND OR 
OBLIGATION. 


V 1/3 

*j 1/1 

CO 1-1 

p 


V 

a 3 

(Ll ■-■. 


ized on 

Amount 

Issued. 




1887 


1917 


$325, 000. 00 


$325, 000. 00 


$325,000.00 


$325,000.0© 




Total. 


325,000.00 


325,000.00 


325,000.00 


325, 000. o» 










325,000.00 


325,000.00 


325,200.00 


325, 000. em 













INTEREST. 




CLASS OF BOND OR OBLIGATION. 


Rate. 


When 
Payable. 


Amount Ac- 
crued During 
Year. 


Amount Paid 
During Year. 




6 


July and Jan. 


$19,500.00 


$19,500. oe 




Total - - 


19, 500. 00 


19, 500. CM 










19,500.00 


19, 500. 00 









RECAPITULATION OP FUNDED DEBT. 





Amount 
Issued. 


Amount 
Outstanding. 


INTEREST. 


CLASS OF DEBT. 


Amount 
Accrued Dur- 
ing Year. 


Amount 

Paid During 

Year. 




$325,000.00 


$325,000.00 










Total 


325, 000. 00 


325, 000. 00 


19, 500, 00 


19, 500. 00 



ATLANTIC AND NORTH CAROLINA RAILROAD COMPANY. 



210 



CURRENT ASSETS AND LIABILITIES. 



ASSETS. 

Cash_. 

Due from agents 

Net traffic balances due from other companies — 

Total— cash and current assets 

Balance — current liabilities 

Total 

LIABILITIES. 

L,oans and bills payable 

Audited vouchers and accounts 

Dividends not called for 

Matured interest coupons unpaid 

Total— current liabilities 

Total 



$654.4? 
5,008.76 
16, 875. 30 



22, 538. 5 ' 
40, 1 18. 24 
62,651.75 



45, 000. CO 

5,75L75 

2, 155-°° 

9,750.00 

62,656.75 

62, 656. 75 



Materials and supplies on hand, $11, 355. 31 



RECAPITULATION. 

A. FOR MILEAGE OWNED. 



ACCOUNT. 



Capital stock 

Bonds 

Total__. 



Total 

Amount 

Outstand 

ing. 


AMOUNT PER MILE OF LINE 


Miles. 


Amount. 


$1,797,200.00 
325, 000. 00 


95.00 
95.00 


$18,918.00 
3,421.00 


2, 122, 200.00 


95.00 


22,339.00 



B. FOR MILEAGE) OPERATED. 





Capital Stock 


Funded Debt. 


Total. 


AMOUNT PER 


MILE OF LINE. 


NAME OF ROAD. 


Miles. 


Amount. 


A. and N. C. R. R 


$1,797,200.00. 


$325,000.00 


$2, 122,200.00 


95.OO 


$22,338.00 


Grand total 


1,797,200.00 


325, 000. 00 


2, 122,200.00 


95.00 


22, 338. OO 



220 



N. C. CORPORATION COMMISSION. 



COST OF ROAD, EQUIPMENT, AND PERMANENT IMPROVEMENTS. 





EXPENDITURES DURING 
YEAR. 


Total 

Cost to 

June 30, 1899 


Total 

Cost to 

June 30, 1900 




ITEM. 


Included 

in Operating 

Expenses 


Charged to 

Income 
Account as 
Permanent 
Improve- 
ments. 


Cost 
Per Mile. 


Construction— 
Engineering- _ __ 






$2,177,027.98 


$2,177,027.98 


$22,916.08 


Right-of-way and station grounds 


$13,638.64 




$8, 280. 60 
932.64 










66.52 
4,978.02 
4,895.83 








Bridges, trestles and culverts 

Ties. _ . _ 
















Rails _ 


9,987.00 










412.02 










2, 141.89 

245- 36 

21,403.67 








Crossings.cattle guards and signs. 

Station buildings and fixtures 

Shops, round-houses and turn- 
tables _ . _ _ 


1,033-03 
2,391.78 




















Shop machinery and tools 










2,057.85 
45.65 

2,786.57 
81, 173.85 










































- .„ . __ 




















118,309. 18 i 51,264.56 


2,177,027.98 


2,177,027.98 


22,916.08 




Equipment— 


1 
5,574.33 23*, 098. 50 
















Sleeping, parlor and dining cars, 
baggage, express, postal cars-— 


138.97 

7,911.02 

209. 39 


4, 216.18 
9,081.75 

1,604.27 
































19,513.41 
118,309. 18 

137,822.59 


50,735.38 
51,264.56 










2.177,027.98 


2,177,027.98 


22,916.08 






Grand total cost construction, 


101,999.94 


2, 177,027.98 


2,177,027.98 


22,916.08 






Total cost construction, equip- 
ment, etc— State of N. C 


137,822.59 


101,999.94 


2, 177,027.98 


2,177,027.98 


22,916.08 



ATLANTIC AND NORTH CAROLINA RAILROAD COMPANY. 



221 



INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Total income 

Deductions from Income — 

Interest on funded debt accrued 

Taxes 

Permanent improvements 

Other deductions 

Total deductions from income 

Deficit 

Dividends, 2 per cent, common stock 

Total 

Deficit from operations of year ending June 30,1900. 



Surplus on June 30, 1899, [from "General Balance Sheet, 
Report ] 1 



i> 99 



Additions for year 

Deductions for year 

Surplus on June 30, 1900, [for entry on "General Balance Sheet. "]. 



$215,735.66 
137,822.59 



19, 500. 00 

5,259.75 

101,999.94 

1,330.00 



35,944 00 



$7~, 913-07 



77,9i3-o7 



128,089.69 
50,176.62 



35,944 00 



86, 120.62 



95, 894. 79 



181,915.41 
167, 205. 67 



'4,709-74 



222 



N. C. CORPORATION COMMISSION. 



EARNINGS FROM OPERATION. 



Item. 


Total 
Receipts. 


Deductions, 

Account of 

Repayments, 

etc. 


Actual 
Earnings. 


Passenger — 


$64,810.55 
















$64,810.55 


Mail _ _ - _ _ 


8, 737- 27 
11,704.87 








20,442.14 








85, 252. 69 




130,787.71 




Freight— 










Less repayments— 


2,430-3° 






$2,430.30 




















128,357.41 
128,357.41 
















213,610. 10 


Other Earnings from Operation — 


239-67 

1,885.89 




" "•- *- v » ° F " t w - - _ 










2, 125.56 
215,735.66 

215,735-66 


Total gross earnings from operation— N. C_ 
Total gross earnings from operation— en- 












1 



ATLANTIC AND NORTH CAROLINA RAILROAD COMPANY. 



223 



OPERATING EXPENSES. 

. * 

Recapitulation of Expenses— Entire Line— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 



$32,770.43 
22, 670. 45 
67.246.57 
15,135.16 

137,822.59 



COMPARATIVE GENERAL BALANCE SHEET. 



JUNE 30, 1899. 


ASSETS. 


YEAR ENDING JUNE 30, I9OO. 


Total. 


Total. 


Increase. 


Decrease 


$2,177,027.98 
53,694.52 




$2, 177,027.98 
22,538.51 










$31,156.01 






2,230,722.50 


2, 199,566.49 

1,797,200.00 

325, 000. 00 

62, 656. 75 

14, 709. 74 




31, 156.01 


/ 
LIABILITIES. 




1, 797, 200.00 

325, 000. 00 

12, 627/71 

95,894-79 




Funded debt .. 








$50 , 029 . 04 






81,185.05 






2,230,722.50 


2,199,566.49 




31,156.01 







224 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Total passenger revenue 

Average amount received from each passenger 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic — 

Number of tons carried of freight earning revenue- 
Total freight revenue 

Total freight earnings 

Average amount received for each ton ol freight 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 



Column for 
Number 

Passengers. 

Tonnage, Car 

Mileage, 

Number of 
Cars, etc. 



79.643 



109,750 



Columns for Revenue 
and Rates. 



Dollars. 



64,810 



85, 252 
897 



128,357 

1 

128,357 

i,35i 



215,735 
2,270 



137,822 
i,45o 



77,913 
8,0 



Cents 



Mills. 



674 
229 



953 



063 
356 



168. 
436 



411 
634 



789. 



ATLANTA, KNOXVILLE AND NORTHERN RAILWAY COMPANY. 



225 



Atlanta, Knoxville and Northern Railway Company. 





PROPERTY OPERATED. 




TERMINALS. 


Miles. 


From— 


To- 








204.65 




Murphy, N. C. — — 


2 3-45 










Total 


228. 10 






13.20 









CAPITAL STOCK. 



Capital stock 

Capital stock per mile- 



Description. 



Amount 



$3, 000, 000. 00 
13,152.00 



FUNDED DEBT. 



Funded debt 

Funded debt per mile- 



Item. 



Amount. 



$2, 500, 000. 00 
10,960.00 



COST OP ROAD, EQUIPMENT, Etc. 



Item. 



Cost of road 

Expenditures on road during year in North Carolina. 



t 



15 



Amount. 



$5, 000, 000. 00 
5, 413- 66 



226 



N. C. CORPORATION COMMISSION. 



INCOME ACCOUNT. 



Gross earnings from operation ._ ._ 


$418,354.39 
299, 475- 49 




Operating expenses 








Income from operation _ 




$118,878.90 


Deductions from Income— 

Interest on funded debt 


125,000.00 

892. 16 

11,994.65 

90, 227. 64 


Interest on current liabilities 




Taxes. 




Permanent improvements 




Total deductions 


228,114.45 






Deficit 


109,235.55 







EARNINGS FROM OPERATION. 



Total earnings— North Carolina 

Operating expenses- North Carolina. 



$5,081.27 
18,801.06 



Cashie and Chowan Railroad Company. 



OFFICERS 



President 
Secretary- 
Treasure 1 
Attorney _ 



Title. 



W. H. Taylor _ 
R. E. Crouch. 
J. C. Johnson . 
F. D. Winston 



Location of Office. 



Norfolk, Va. 
Portsmouth , Va. 
Baltimore, Md. 
Windsor, N.C. 



PROPERTY OPERATED. 



Main terminal at Howard, N.C ,on Cashie River — runs towards Chowan River— main 
line (miles) 



Sidings (miles) 

Capital stock 

Cost of road 

Cost of equipment 

Gross earnings* 

Operating expenses *. 
Employees 



10.00 

11.00 

$100,000.00 

48,000.00 

20,000.00 

1 2, 000. 00 

12, 000. 00 

25 



* Road proper is allowed only enough to pay expenses. Lumber road. 



CAPE FEAR AND NORTHERN RAILWAY COMPANY. 



227 



Cape Fear and Northern Railway Company 



DIRECTORS. 



Names of Directors. 


Post-office Address. 


Date of Expiration 
of Term. 


J. E. Stagg __ _ _ 


Durham, N. C __ _ 


^ 


Geo. W. Watts . — 


Durham, N.C 




J. C. Kilgo __________ 


Durham, N. C 

Apex, N.C __ . - 






, When successors are 

[elected. 




Raleigh, N.C - _ _ 


1 
1 




Cary-N. C 


1 
J 







OFFICERS. 



Title. 



Chairman of the Board 

President 

First-Vice President 

Secretary-Treasurer 

Attorney, or General Counsel. 

Auditor 

General Manager 

Chief Engineer 

Superintendent 

Traffic Manager 

General Freight Agent 

General Passenger Agent 



Name. 



Location of Office. 



Durham, N.C. 
Durham, N.C. 
Durham, N.C. 
Apex, N.C. 



J. E. Stagg 

B. N. Duke 

J. E. Stagg 

J.C. Angier 

W.E. Norris Raleigh, N. C. 

T.F.Wilkinson i Cary, N.C. 

J.C. Angier Apex, N.C. 

G.E. Lemmoii 1 Apex, N.C. 

G. E.Lemmon Apex,N.C. 

J. C. Angier 1 Apex, N. C. 

J.C. Angier Apex, N.C. 

J.C. Angier Apex, N.C. 



PROPERTY OPERATED— State of North Carolina. 





TERMINALS. 


Miles of Line 

for Each 
Road Named. 


Miles of Line 
for Each 


NAME. 


From— 


To- 

Angier,N. C 


Class of Roads 
Named. 


The Cape Fear and Northern 
Railway Co. 

Total. 


Apex, N.C 


20. oo 


20. oo 


20.00 


20.00 









228 



N. C. CORPORATION COMMISSION. 



CAPITAL STOCK. 



Description. 


Number of 

shares 
Authorized. 


Par Value of 
Shares. 


Total 
Par Value 
Authorized. 


Total Amount 

Issued and 

Outstanding. 


Capital stock — common 


1,000 


$100 00 


$100,000.09 


$100,000.00 


Total _...__ 


1,000 


IOO. 00 









Manner of Payment for Capital Stock. 


Total Number 

Shares Issued and 

Outstanding. 


Total Cash 
Realized. 




1,000 








TotsJ . _ _ 


1,000 









CURRENT ASSETS AND LIABILITIES. 



Cash. 



Due from agents 

Due from solvent companies and individuals 

Total 

LIABILITIES. 

Miscellaneous 

Total — current liabilities 

Balance— cash assets 

Total 



Amount. 
$2,328. IS 

35- 14 

511.18 

2. 874-50 

156.00 

156.00 
2,718.50 
2,874.50 



RECAPITULATION. 

A. FOR MILEAGE OWNED. 





ACCOUNT. 


Total 

Amount 

Outstanding. 


Apportion- 
ment to 
Railroads. 


AMOUNT PER MILE OF LINE. 




Miles. 


Amount. 


Capital stock 




$100, <X>0. 00 


All 


20.00 


$5,000.00 






Total 


100,000.00 




20 OO 


5, 000. 00 









B. FOR MILEAGK 


3PERATFD 








Capital Stock. 


Total 


AMOUNT PER MILE. 


NAME OP' ROAD. 


Miles 


Amount. 


The Cape Fear and Northern Rwy. Co._ 


$100,000.00 
100,000.00 


$100,000.00 


2O.0O 


$5. 000. 0© 




100,000.00 


20.00 


5,000, o» 





CAPE FEAR AND NORTHERN RAILWAY COMPANY. 



229 



COST OP ROAD, EQUIPMENT AND PERMANENT IMPROVEMENTS. 



Item. 


Expenditures 
During Year Not 
Included in Oper- 
ating F.xpeuses, 

Charged to 
Construction or 

Equipment. 


Total Cost to 
June 30, 1899 


Total Cost to 

June 30, 1900. 


Cost Per Mile. 


Construction — 


$2, O56. 03 
2,075.74 

17,040.58 
I,6ll.94 

12,537.58 

34, 109.90 

4,092.94 

i,"3.35 

7,527-43 

195.46 

2, 883. 25 

61.07 

4S6, 65 

161.80 

' 207.60 

3,312.22 








Right-of-way and station grounds 














Bridges, trestles and culverts 

Ties _____ _ 














Rails _ ______ 
















Frogs and switches _ _ 








Track laying and surfacing 

Crossings, cattle guards and signs. 

Station buildings and fixtures 

Shop machinery and tools 

Water stations . 
































Miscellaneous structures _ _ 








Legal expeuses _ _ 








General expenses _____ 










.88,972.00 


$89,473.56 






89,473.56 


$4,473-68 




Equipment — 


9,160.85 
1,800.00 
1,300.00 
9,73^.30 








Passenger cars _ _ _ __ _ 
















Freight cars _ - _ _ 


















21,996. 15 


14,628.20 
88,972.00 


21,996,15 
89,473.56 


1,099.81 




Total construction 




4,473-68 






Grand total cost construction, 
equipment, etc. 




103,600.20 


111,469.71 


5, 573- 49 






Total cost construction, equip 
ment,etc — N. C 




103, 600. 20 


111,469.71 


5,573-49 







230 



N. C. CORPORATION COMMISSION. 



INCOME ACCOUNT. 








825,922. 80 
11,727.79 
















$14, IQ5.01 








14,195.01 


Deductions from Income— 

Taxes _ __ ________ 


235-61 










13.959-40 








13,959-40 
941 81 


Surplus on June 30, 1899 [from "General Balance Sheet," 1899 Re- 










14,901.21 







EARNINGS FROM OPERATION— North Carolina. 



Item. 


Total 
Receipts. 


Deductions, 

Account of 

Repayments, 

etc. 


Actual 
Earnings. 


Passenger— 


$1,892. 02 
















$1,892.02 
436. 96 


Mail _ 












Total passenger earnings _ 


2,328.98 


Freight— 


23,358.44 










Total freight revenue _ 


23,358.44 
25,687.42 

215.38 


Total passenger and freight earnings__ 






Other Earnings from Operation— 






















235.38 










25,9^2.80 








Total gross earnings from operation— entire 


25,922.80 









CAPE FEAR AND NORTHERN RAILWAY COMPANY. 



231 



OPERATING EXPENSES. 

Operating Expenses— State of North Carolina. 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation. 

General expenses 

Total 

Percentage of expenses to earnings— North Carolina ... 



Amount. 

$2,935.84 

221.63 

4,029.99 

4,54o.33 



11,727.79 



43.56 





COMPARATIVE GENERAL BALANCE SHEET. 




JUNE 30, 1899. 


ASSETS. 


YEAR ENDING JUNE 30, I9OO. 


Item. 


Item. 


Increase. 


Decrease. 


$88,972.00 
14, 628. 20 

713.00 
1,174-73 




$89,473-56 

21,996.15 

713.00 

2, 874. 50 


$501.56 
6,367.95 




Cost of equipment 

I^ands owned L 






1,699.77 








105,487.93 


115,057.21 


9,569.28 




LIABILITIES. 

Capital stock 






100,000.00 

156. 00 

14,901.21 










4,546.12 
941.81 




4,390.12 




13. 959-4o 






105,487.93 


115,057,21 


13,959-40 


4,390.12 





232 



N. C. CORPORATION COMMISSION. 



TRA.FPIC AND MILEA.GE STATISTICS. 



Item. 



Passenger Traffic — 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road- 
Average distance carried — miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road .. 

Average distance haul of one ton— miles 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 

Car Mileage, P)tc— 

Average number of passengers in train 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars — south or west 



Column for 
Number 

Passengers, 
Tonnage, 

Car Mileage, 
Number 
Cars, etc. 



6,822 
70,586 
3,529 
10.35 



24,700 
335,485 
16, 774 
13.58 



6 
18,796 
8.300 



Columns for Revenue 
and Rates. 



Dollars. 



Cents 



1,892 



2,328 
116 



23,358 



23,358 
1, 167 

1 

25,922 

1,296 

2 

11,727 
586 



14, 195 
709 



CAPE FEAR AND NORTHERN RAILWAY COMPANY. 



233 



TRAFFIC AND MILEAGE STATISTICS— Continued. 



• Item. 


Column for 

Number 

Passengers, 

Tonnage, Car 

Mileage 

Number of 

Cars, etc 


Columns for Revenue 
and Rates. 


CAR Mileage, Etc.— Continued. 


5,459 

15,583 

3.78 

2.13 

1.65 

26.37 

12.38 

20.00 

12,720 


Dollars. 


Cents 


Mills. 


































Average number of tons of freight in train 

Average number of tons of freight in each loaded car 




















Train Mileage— 


























12,720 













234 



N. C. CORPORATION COMMISSION. 



FREIGHT TRAFFIC MOVEMENT. 



Commodity. 



Products of Agriculture— 

Grain 

Flour 

Other mill products 

Hay 

Tobacco 

Cotton 

Fruit and vegetables 

Products of Animals— 

Packing house products 

Products of Forest— 

L,umber 

Cross- ties 

I<ogs 

Manufactures— 

Naval stores 

Other castings and machinery 

Bar and sheet metal 

Cement, brick and lime 

Agricultural implements 

Wagons, carriages, tools, etc 

Household goods and furniture 

Merchandise— 

Merchandise 

Miscellaneous— 

Other commodities not mentioned above- 
Total tonnage — North Carolina 

Total tonnage— entire line 



Freight 

Originating 

on this 

Road. 



Whole Tons 



18,723 
293 
812 



2, 129 
22, 180 



22, 180 



Freight 
Received 

irom Con- 
necting 

Roads and 

other 

Carriers. 



Whole Tons. 
262 
182 
138 
99 



37 



73 
6 
52 
12 
18 
■ 13 

257 

1,363 
2,520 



2,520 



Total 
Freight Tonnage. 



Whole Tons 

262 
182 
138 

99 
2 

42 



265 



3,492 
24, 700 



24, 700 



Per Cent. 
1.0S 
• 74 
.56 
.40 
.01 

•17 
.04. 



5,723 


75.8a 


293 


1. 19 


812 


3-29 


162 


.65 


73 


• 30 


6 


.02 


52 


.2S 


12 


.05 


18 


.07 


20 


.08 



1.07 



14.14 

100. 00 



CAROLINA AND NORTHWESTERN RAILWAY COMPANY. 



235 



Carolina and Northwestern Railway Company. 



ORGANIZATION. 



Name of Directors. 



Post-office Address. 



Date of Expiration of Term. 



J L.Agurs 

T.H. Whiie 

J. H. Marion 

W.Holmes Hardin 

J.F.Wallace 

George A. Gray ___ 
J.A.Martin 



Chester, S. C— 
Chester, S. C- 
Chester.S.C- 
Chester,S.C„ 
Yorkville,S.C 
Gastonia,N.C 
Hickory, N. C- 



• September, 1900. 



OFFICERS. 



Title. 



Name. 



Location of Office. 



Chairman of the Board 

President 

Secretary 

Treasurer 

Attorney, or General Counsel 

Auditor 1 

Assistant Auditor j 

General Manager 

Chief Engineer 

Superintendent of Telegraph 



Wm. A. Barber 

Wm. A. Barber 

J. J.McLure 

M.S.Lewis 

J. H. Marion 

E.F.Reid | 

In charge of traffic j 

L. T. Nichols 

J. W. Fletcher 

C. A Darlton 



35 Nassau St., New York. 
35 Nassau St., New York. 
Chester, S.C. 
Chester, S.C. 
Chester, S.C. 

Chester, S. C. 

Chester, S. C. 
Chester, S. C. 
Washington, D. C. 



PROPERTY OPERATED— State of North Carolina. 






TERMINALS. 


Miles of Line 
for Each 


NAME. 


From — 


To— 


Road 
Named. 


Carolina and Northwestern Rwy. Co 


Bowling Green 




72.30 







236 



N. C. CORPORATION COMMISSION. 



PROPERTY OPERATED. 





terminals. 


Miles of 


NAME. 


From — 


To— 


Line for 

Each Road 

Named. 


Carolina and Northwestern Rwy. Co- 


Chester, S.C _._ 




109.30 







CURRENT ASSETS AND LIABILITIES. 



ASSETS. 

Cash 

Bills receivable 

Due from agents 

Due from solvent companies and individuals 

Total — cash and current assets 

Balance — current liabilities 

Total 

LIABILITIES. 

Loans and bills payable 

Audited vouchers and accounts 

Wages and salaries 

Net traffic balances due to other companies 

Matured interest coupons unpaid uncluding coupons due July 1) 

Total — current liabilities 

Tctal 

Materials and supplies on hand, $10,441.95 



$2,685.61 
19,112.58 
3,972.64 
484. 00 
26,254.83 
25,652.78 



51,907.61 



39,397.50 

6, 166. 16 

4.986.28 

1,310.17 

47.50 



51,907.61 



51,907.61 



RECAPITULATION. 

FOR Mir.FA.Ge OWNED. 





Total Amount 
outstanding. 


Apportion- 
ment to 
Railroads. 


AMOUNT PER MILE OF LINE. 




Miles. 


Amount. 




$350, 000 . 00 
375, 500. 00 


$350, 000. 00 
375,500.00 


109.30 
109. 30 


$3,211.00 
3,41365 






Total ... — 


725, 500. 00 


725, 500. 00 




6, 624. 65 







CAROLINA AND NORTHWESTERN RAILWAY COMPANY. 



237 



COST OF ROAD, EQUIPMENT, AND PERMANENT IMPROVEMENTS. 



Item. 



CONSTRt CTION — 

Engineering 

Right-of-way and station grounds- 
Real estate 

Grading 

Bridges, trestles and culverts 

Ties 

Rails 

Track fastenings 

Frogs and switches 

Ballast 

Track laying and surfacing 

Fencing right-of-way 

Crossings, cattle guards and signs— 
Telegraph lines 

Station buildings and fixtures 

Shops, roundhouses and turntables- 

Shop machinery and tools 

Water stations 



Expenditures 

During Year 

Charge > to 

Construction or 

Equipment. 



Miscellaneous structures— new general 
offices 



Legal expenses 

Total construction 

Equipment — 

Locomotives 

Passenger cars 

Sleeping, parlor and dining cars__ 
Baggage, express and postal cars. 

Freight cars 

Other cars of all classes 

Total equipment 

Total construction 



Grand total cost construction, equip- 
ment, etc 



Grand total cost construction, equip- 
ment, etc —North Carolina 



$1,096.45 
457.52 

1,800.00 



345- 4^ 

269.02 

5,824.92 

112. 00 

38.OO 

274./I 

1,467.45 



52.33 

85.OO 

I,08l.82 

I4I.46 

4, 780. 20 

585.57 

1, 168. 29 
173.84 



19,754.04 



3, 706.01 

129.35 

8.40 

128.80 

148. 71 



4,921.27 

19, 754. 04 



24,675.31 
16, 285.70 



Total Cost to 
June 30, 1899. 



Total Cost to 
June 30, 1900. 



$2,416.2 
7,193.68 I 
9.10 j 
11,171.72 I 
4,381.82 
7,190.94 
13,964.06 
1,831.91 
73o. 25 
1,087.95 
4,204.52 
23.15 
84.28 



4,638.17 



1,269. 72 
615.71 

37 69 



60,850.88 



9, 229 30 
8,673-31 




88,691.80 
58,536.58 



$3,512.66 

7,651.20 

1,809. 10 

11, 171.72 

4,727.2s 

7,459.96 

19, 788. 98 

1,943-9' 

768.3' 

1,362.66 

5,671.^7 

23-15 

136.61 

85.00 

5, 719- 99 

141.46 

6, 049. 92 

1,201. 22 

1,206.98 

173. 84 



80,604.92 



12,935-31 

8, 802. 66 

8.40 

407. 1 1 

10,420. 23 

188.48 

32,762- 19 

80, 604 . 92 



113,367- 



74,822.28 



Cost Per 
Mile. 



$7,327.00 



2, 978. 00 
7,327.00 



10, 305. 00 



10, 305. 00 



238 



N. C. CORPORATION COMMISSION. 



INCOME ACCOUNT— Entire Line. 





$147, 095. 20 
98,369.32 
















848,725.88 








48,725.88 


Deductions from Income — 


22,117.50 
3,566.16 
24,675.31 
















50,358.97 






Deficit. — - - r _ 


1,653.09 








1,633-09 
7,618.38 


Deficit on June 30, 1899, [from "General Balance Sheet," 1899 
Report.] - - - - - 












9,251-47 







CAROLINA AND NORTHWESTERN RAILWAY COMPANY. 



239 



EARNINGS FROM OPERATIONS— North Carolina. 



Item. 


Total 
Receipts. 


Deductions, 

Account of 

Repayments, 

etc. 


Actual 
Earnings. 


Passenger— 


$23,717.15 






Less repayments — 


$24.66 
12.70 


















37-36 














S23.679.79 
4, 392. 68 


Mail 












1,120.55 
238.03 


















Freight— 


63,810.25 








163. ii 




Less repayments- 














163. 11 














63,647.14 
40.75 
















63,687.79 








Total passenger and freight earnings.. 


94, 118.84 
174.04 


Other Earnings from Operation— 


















3, 780. 77 










3,975.o8 










98,093.92 
147, 095. 20 


Total gross earnings fiom operation — entire 













240 



N. C. CORPORATION COMMISSION. 



OPERATING EXPENSES 
Item. 

Recapitulation of Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings — entire line 

Operating Expenses— State of North Carolina— 

Maintenance of ways and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total 

Percentage of expenses to earnings — North Carolina 



Amount. 



$22,272.34 
17,533.30 
50,323.19 

8,240.49 



98, 369. 32 



66.87 



14, 699. 74- 
11,571.98 
33,213.31 

5,438.72 



64,923-75 



6C.87 



COMPARATIVE GENERAL BALANCE SHEET. 



JUNE 30, 1899. 


ASSETS. 


YEAR ENDING JUNE 30, I9OO. 


Item 


Total. 

$60,850.88 
27,840.92 
12,537.08 

19,442.46 

7,618.38 


Total. 


Increase. 


Decrease. 


Construction — 
Equipment 




$80, 604. 9? 
32,762.19 
26,254.83 

10,041.05 
9,25L47 


$i9,754.03 
4,921.27 
13,717.75 








Cash and current assets 

OTHER ASSETS. 

Materials and supplies 

Profit and loss - 






89,401.4* 




1,633.09 




Grand total — 






128,289.72 


158,914.46 


40,026. 15 


9,401.41 




LIABILITIES. 

Capital stock 

Funded debt 




350, 000. 00 

450, 000. 00 

33,285.99 

525-00 

7,618.38 


2, 000, 000. 00 

1,320,000.00 

51,907.61 

47-50 

9,25'-47 


1,650,000.00 

870, 000. 00 

18,621.62 










Current liabilities 






Accrued interest on funded 
debt not yet payable. 

Profit and loss__ 


477.5® 




1,633. r 9 






Grand total.. 






841,429.37 


3,381,206.58 


2,540,254.71 


477- 5« 









CAROLINA AND NORTHWESTERN RAILWAY COMPANY, 



24 L 



TRAFFIC AND MILEAGE STATISTICS— North Carolina. 



Column for 

Number 

Passengers, 

Tonnage. Car 

Mileage, 

Number of 

Cars, etc 



Columns for Revenue 
and Rates. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road- 
Average distance carried 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile . 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Grcss earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 

Car Mileage, Ftc— 

Mileage of passenger cars 

Average number of passenger cars in train ,__ 

Average number of passengers in train 



39, 308 
755,401 
10,400 
19.21 



48, 344 
1,922,937 
26,658 
39-07 



206,170 



Dollars. 



23, 679 



30,431 
328 



63, 647 
1 



63,687 

882 

1 

98, 093 
1,345 



64, 923 
940 



33, 170 
445 



Cents 



Mills. 



79 

60 

03 

05 
25 ' 

65 J 



14 J 

33 i 

33 

79 

85 

60 

92 

79 

86 

75 
00 
57 
17 
79 



■16 



242 



N. C CORPORATION COMMISSION. 
TRAFFIC AND MILEAGE STATISTICS-Continued. 



Item. 


Colnmn for 

Number 
Passengers, 
Tonnage, Car 

Mileage, 

Number of 

Cars, etc. 


Columns for Revenue 
and Rates. 


Car Mileage, Etc. — Continued. 

Mileage of loaded freight cars— north or east 


95, 066 

158,409 

65,927 

9,664 

12 
8 
2 
70 
7 
no 

44,770 
67, 280 
112,050 


Dollars. 


Cents 


Mills. 


Mileage of loaded freight cars— south or west 








Mileage of empty freight cars— north or east . 




Mileage of empty freight cars— south or west 








Average number of freight cars in train _ 








Average number of loaded cars in train 








Average number of empty cars in train. __ 








Average number of tons of freight in train 








Average number of tons of freight in each loaded car 








Average mileage operated during year _ 








Train Mileage— 

Mileage of revenue passenger trains ___ 








Mileage of revenue mixed trains \ 








Mileage of revenue freight trains j 

Mileage of non-revenue trains __ _ . 


i 
i 











Egypt Railway Company. 



OFFICERS. 



Title 



Name. 



Location of Office 



President and General Manager 

Secretary pro. tern 

Attorney 

General Agent 



Samuel A. Henszey- New York. 

K. K.Henszey Cumnock. N.C. 

T B.Womack Raleigh, N.C. 

W.J.Talley _- Cumnock, N.C. 



EAST CAROLINA RAILWAY COMPANY. 



243 



PROPERTY OPERATED 

Cumnock to Colon (miles) 

Capital stock 

Funded debt 

Balance current liabilities 

Cost of road 

Cost of equipment 

Gross earnings 

Operating expenses 

Income from operation 

Deductions— 

Interest on funded debt 

Taxes 

Deficit June 30, 1899 

Deficit June 30, 1900 



$125, 
108, 
44. 
226, 



000 . 00 
000. 00 

732.98 

287. 59 
845.92 
927. 15 
567.43 
359- 72 

480 . 00 
177-89 
567-60 
.865.77 



East Carolina Railway. 



OFFICERS. 



Title. 



Name. 



Location of Office. 



President 

Vice-President 
Secretary 



Henry Clark Bridgers. 
A. M. Fairly 

James Pender 



Tarboro,N.C. 
Tarboro, N. C. 
Tarboro, N. C. 



ROAD OPERATED. 



Tarboro to Macclesfield. 



14 miles. 



Capital Stock— authorized.. 



$100,000.00 



244 



N. C. CORPORATION COMMISSION. 



Carolina Northern Railroad Company. 



OFFICERS 



Title. 


Name. 


Location of Office. 




A. Mellier 






C. Ashly Blythe 






T.L. Carson 






T. C.MeNeely 


Lumberton,N.C. 







PROPERTY OPERATED. 



Lumberton, N. C.,to Barnesville, N. C. (miles completed). 

Capital stock 

Funded debt 

Cost of road and equipment 

Began operation January i, 1900. 

Gross earnings 6 months 

Operating expenses 6 months 



10.42 

$500, 000. CO 

130,000.00 

130, 000. 00 

2, 049. 00 
2, 275. 00 



Caldwell arjd Northern Railroad Company. 



OFFICERS. 



Title. 


Name 


Location of Office. 




Wm. S Harvey _ 


Philadelphia, Pa. 
Philadelphia, Pa. 
Philadelphia, Pa. 
Lenoir, N.C. 




Geo. W. Lex _ 






General Manager and Freight Agent 


Jas. C.Williams 


L. C. Watson 


Lenoir, N.C. 







EAST TENNESSEE AND WESTERN N. C. RAILROAD. 



245 



PROPERTY OPERATED. 

Lenoir, N.C ,to Collettsville, N.C, main line (miles) 

Capital stock 

Capital stock per mile 

Cost of road 

Cost of equipment 

Cost of construction per mile 

Cost of construction and equipment per mile 

Gross earnings 

Operating expenses 

Income from operation $564.84 

Less taxes : 195. 94 

Net income 





10. 60 




$89, 000. 00 




8, 396. 00 




79.37I-87 




5, 868. 69 




7,487-91 




8,041.56 




8, 819. 76 




8,254.92 


___ 





368. 90 



East Tennessee and Western North; Carolina Railroad 

Company. 



OFFICERS. 



Title. 


Name. 


Location of Office. 




R. F. Hoke— 


Raleigh, N.C. 
Philadelphia, Pa. 
Cranberry, N.C. 
Cranberry, N.C. 




JohnS. Wise 




J. E.Vance 











PROPERTY OPERATED IN NORTH CAROLINA. 



Cranberry Iron and Coal Company (operated by East Tennessee and Western North 
Carolina R. R. Co.), from Cranberry to State line (miles) 

Entire line— Johnson City,Tenn.,to Cranberry, N.C. (miles) 

Capital stock— entire line 

Bonds — entire line 

Cost of road — entire line 

Cost of equipment— entire line 



3 

34 

$501,900.00 

250,000.00 

690,412. 14 

78,371.70 



246 



N. C. CORPORATION COMMISSION. 



EARNINGS PROM OPERATION. 



Gross earnings — entire line 




$89, 650. 86 
59,838.44 


Operating expenses— entire line. __ _ __. 








Income from operation _ .__ _ _ _ __ 


29,812.42 
59-55 


Miscellaneous income — less expenses _ .. __ 








Total. .___ __. _ __ . __ _ 


29,871.87 




$10,000.00 

522.00 
3,382.40 


Deductions— 

Interest on funded debt _ _ __ _ ______ 




Interest on current liabilities ___ .. 




Taxes _ . __ .._ 




Total __ 


13,904.40 
15,967.47 
7,910-37 
5, 279. 85 


Net income. _ _ __ _ - 




Earnings — North Carolina _ _ 




Operating expenses— North Carolina _ 









Durbam and Charlotte Railroad Company. 



OFFICERS. 



Title. 



Location of Office. 



President and Secretary 

First Vice-President 

Superintendent, Freight and Pass. Agent- 
Auditor 

Attorney 



John B. Iteming.. 

J.S.Carr . 

Frank D. Jones . 
J. Giles Foushee. 
W. A. Guthrie ___ 



Bridesburg.Pa. 
Durham, N. C. 
Gulf, N. C. 
Gulf,N.C. 
Durham, N. C. 



PROPERTY OPERATED. 



Gulf to Elise (miles). 

Capital stock 

Gross earnings 

Operating expenses. 

Cost of road 

Cost per mile 

Equipment 



22 
$10, 000. 00 
10, 832. 74 
10,151.11 
83, 303. 95 
3,786.54 
2,475.00 



CARTHAGE RAILROAD COMPANY. 



247 



Carthage Railroad Company. 



OFFICERS. 



Title. 



Name. 



lvocation of Office. 



President 

Secretary 

Auditor 

General Manager. 



J.C. Black 

W. J.Adams 

W.C. Petty, Jr 

W. C. Petty, Lessee 



Carthage, N. C. 
Carthage, N.C. 
Carthage, N. C. 
Carthage, N. C. 



PROPERTY OPERATED. 
Carthage Railroad— from Cameron to Hallison (miles) 



18.50 



CAPITAL STOCK. 



Common— number of shares authorized. 

Par value of shares 

Total par value authorized 

Total amount issued and outstanding __. 
Capital stock per mile 



10, 000 

$25. 00 

250, 000, 00 

16,050.00 

8, 575. 60 



Assets— cash. 



CURRENT ASSETS AND LIABILITIES. 



$6, 805. 39 



COST OP ROAD AND EQUIPMENT. 



Equipment 

Construction 

Construction and equipment per mile . 



$11,000.00 
68, 400. 00 
4,275.67 



OPERATING EXPENSES. 



Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total 




248 



N. C. CORPORATION COMMISSION. 



INCOME ACCOUNT. 








$26, 128.45 
12,467.66 
















$13,660.79 




300. 00 

1, 440. 00 

463. 20 

66.00 


Deductions from Income— 


































ii,39i-59 








6, 805. 39 







RENTALS PAID. 



Name of road— Carthage Railroad 



$1,440.00 



Moore County Railroad Company. 



OFFICERS. 



Title. 


Name. 


Location of Office. 








President ____.. _. 




St.Johnsburg,Vt. 
Glasgow, U. K. 
Aberdeen, N. C. 




Tiomthy Bost 

W. B. Eckhout 


Treasurer and General Manager 


R. McLean _ 


Baltimore, Md. 













PROPERTY OPERATED. 

Moore County Railroad, from Aberdeen to Craigrownie, N. C.,12. 50 miles 

CAPITAL STOCK. 

Common— number of shares authorized 

Par value of shares 

Total par value authorized 

Total amount issued and outstanding 

Total cash realized 

Issued for cash— common— total number of shares issued and outstanding 

Cost of construction and equipment 



20, 000. 00 

$50.00 

1 , 000, 000. 00 

38. 800. 00 

38, 800. 00 

776 

52,800.00 



NORTHAMPTON AND HERTFORD RAILROAD COMPANY. 



249 



INCOME ACCOUNT. 



Gross earnings 

Operating expenses 
Deficit 



Taxes .. 



Deficit 

Surplus June 30, 1899. 
Surplus June 30, 1900- 



$9, 964. 07 
10,497-73 



S533.66 
165.20 



698.86 
14, 148. 20 
13.449-34 



Ncrtbamptoo agd Hertford Railroad Compaoy 



OFFICERS. 



Title. 


Name. 


Location of Office. 




1 

J.S.Clark_ 


Newark, N.J. 
Jackson, N.C. 
Newark, N.J. 


Attorney 


W. W. Peebles & Son 


Geo. H. Clark, Jr__ 








F. Kell 


Guinberry, N. C. 







PROPERTY OPERATED. 

From Gumberry, N.C, to Jackson, N.C. (miles) 9. 



CAPITAL STOCK 

Capital stock— common— number shares authorized 

Par value of shares 

Total par value authorized 

Total amount issued and outstanding 

Capital stock per mile 



250 

$100. 00 

25,000.00 

25,000.00 

2,777.77 



250 



N. C CORPORATION COMMISSION. 



Due from individuals 



CURRENT ASSETS AND LIABILITIES 



$4,936.30 



COST OF ROAD AND EQUIPMENT. 



Equipment 

Construction 

Total 

Gioss earnings 

Operating expenses 

Income from operation 



Taxes 



Net income 

Surplus June 30,1899. 
Surplus June 30, 1900. 



$5 , 1 00. 00 
25,011.23 



30,111.23 

8, 070. 84 

6,420.45 

1,650.39 

208. 48 



1,441.91 
8,605.62 
to, 047. 53 



Norfolk aod Southero Railroad Cori)pany. 



DIRECTORS. 



Name of Director. 



Post-office Address. 



Date of Expiration of 
Term. 



John Carstensen 

Alfred Skitt 

E.V.W. Rossiter 

Walters. Johnston.. 

Henry Sampson 

Chauncey M.Depew 

Charles F.Cox 

Geo. R. Turnbull 

Alexander J. Cassatt- 



New York, N. Y . 
New York, N.Y _ 
New York, N. Y _ 
New York, N. Y - 
New York, N.Y_ 
New York, N.Y _ 
New York, N.Y _ 
New York, N.Y _ 
Philadelphia, Pa 



March 7,1901 
March 7, 1901 
March 7,1901 
March 7, 1901 
March 7, 1901 
March 7, 1901 
March 7, 1901 
March 7, 1901 
March 7, 1901 



NORFOLK AND SOUTHERN RAILROAD COMPANY. 



251 



OFFICERS, 



Title. 


Name. 


Location of Office. 






New York.N.Y. 




Alfred Skitt 


New York,N.Y. 






New York, N. Y. 






New York, N.Y. 




Wm. H.White-— _ _ 


Norfolk ,Va. 
Edenton,N.C. 
Norfolk, Va. 
Norfolk, Va. 
Norfolk, Va. 
















W.W.King-- _ — __ 






Belhaven,N. C. 


Division Superintendent 


B. P. Holland. _ _ . 


Norfolk, Va. 


H. Roberts 


Berkley, Va. 
Norfolk, Va. 




H. C. Hudgins 


General Passenger Agent _ 


H.C. Hudgins — 


Norfolk, Va. 









PROPERTY OPERATED. 



TERMINALS. 



From — 



Miles of 

L,ine for 

Each 

Road 

Named 



Miles of 
Iyiue for 

Each 
Class of 

Roads 
Named. 



Norfolk and Southern Railroad 
Company— 

A 

A 

A 

A 



Berkley, Va ! Edenton.N.C 



Mackey's Ferry, N. C— 

Norfolk, Va 

Hempsville.Va 



Belhaven.N.C 

Virginia Beach, Va. 
Munden Point, Va_. 



76.00 
29.80 
18.86 
22.14 



146.80 



252 



N. C. CORPORATION COMMISSION. 



PROPERTY OPERATED— Continued. 

NAME OF ALL COAL, BRIDGE, CANAL, OR OTHER PROPERTIES, THE EARNINGS AND EXPENSES OF WHICH 
AFFECT THE GENERAL BALANCE SHEET. 



Name. 



Steamer Neuse 



Steamer Plymouth 

Steamer M. E. Dickerman. 

Steamer N. L,. Wagner 

Steamer Haven Belle 

Steamer Comet 

Steamer Undine 

Steamer C.W. Pettit 

Steamer L,ucy 

Steamer Thos. Newton 

Steamer Harbinger 



Steamer Jno, W. Garrett Transfer ferry _ 



3 tugs 

16 car floats, lighters, etc 



Character of 
Business. 


Title. 


Staie or 
Territory. 


Freight and 
Passenger 
Traffic 


Owned 


North Carolina. 


do 


Owned 


North Carolina. 


do - 






do 


Owned 


North Carolina. 


do 


Owned - 


North Carolina. 


do 


Owned. __ 


North Carolina. 


do_. 


Owned _ 


North Carolina. 


do 


Owned. _ 


North Carolina. 


do 


Owned 


North Carolina. 


do 


Owned 


North Carolina. 


do 


Owned- _ 


North Carolina, 


Transfer ferry- 


Owned 


North Carolina. 








Freight 


Owned 


North Carolina. 



CAPITAL STOCK. 



DESCRIPTION 


Number of 

Shares 
Authorized. 


Par 
Value of 

Shares. 


Total Par 

Value 
Authorized 


Total 
Amount 
Issued and 
Outstand- 
ing. 


DIVIDENDS DE- 
CLARED DURING 
YEAR. 




Rate. 


Amount 


Capital stock — Common 


20, 000 


$100. oo 


$2, 000, 000 


$2, 000, 000 


4 P'r ct. 


$8o, ooo 


Total __ 


20 , OOO 




2, OOO, OOO 


2, OOO, 000 















MANNER OF PAYMENT FOR CAPITAL STOCK. 



Issued for cash— common 

Issued for reorganization— common 

Issued for purchase of Albemarle and Pantego Railroad- 
Total 



Total Number 

Shares Issued 

ind Outstanding. 



594. 90 

18, 530. 10 

875. 00 



20, 000. 00 



Total Cash 
Realized. 



$23, 796. 00 

1,853,010.00 

87 , 500. 00 



1,964, 1,06. 00 



NORFOLK AND SOUTHERN RAILROAD COMPANY 



258 



FUNDED DEBT. 

MORTGAGE BONDS, MISCELLANEOUS OBLIGATIONS, AND INCOME BONDS. 



CLASS OF BOND OR 
OBLIGATION. 



First Mortgage- 
First mortgage. 



First mortgage 

Total— 
Mortgage bonds. 
Grand total 



June 
i. '9i 

Feb 

6, '99 

Jan. 

26, '00 



a v 



May 
1, "41 

Mav 
1, '41 

May 



Amount of 
Authorized 

Issue 

Per Mile of 

Road. 



Amount 
Issued. 



Amount 
Outstanding. 



Cash realized 

on Amount 

Issued. 



}- $10,000.00 



$750, 000. 00 

80, 000. 00 

520,000.00 



[0,000.00 



1,350,000.00 



, 350, 000. 00 



$750, 000. 00 


$745, 050. 00 


80,000.00 


88, 000. 00 


520,000.00 








1,350,000.00 


833, 050. 00 



1,350,000.00 



833.050.00 



CLASS OF BOND OR OBLIGATION. 



First mortgage 

First mortgage 

First mortgage 

Total— 

Mortgage bonds. 

Grand total 



INTEREST. 



Rate 
Per 
Cent. 



When 
Payable. 



May and Nov. 
May and Nov. 
May and Nov. 



Amount 
Accrued Dur- 
ing Year. 



$37,500.00 
4, oco. 00 

16,745.05 



58, 243. 05 
58,243.05 



Amount 

Paid During 

Year. 



$54, 500. 00 



54, 500. 00 
54, 500. 00 



RECAPITULATION OP FUNDED DEBT. 





Amount 
Issued. 


Amount 
Outstanding. 


INTEREST. 


CLASS OF DEBT. 


Amount Ac- 
crued During 
Year. 


Amount 

Paid 

During Year. 




$■1,350, 000. 00 
1,350,000.00 


$1,350,000.00 


$58, 243. 05 


$54, 500. 00 




Total __ _ _ _ 


1,350,000.00 


58,243.05 


34,500.00 





254 



N. C. CORPORATION COMMISSION. 



CURRENT ASSETS AND LIABILITIES. 



ASSETS. 

Cash 

Due from agents 

Due from solvent companies and individuals 

Net traffic balances due from other companies 

Total— cash and current assets 

LIABILITIES. 

Loans and bills payable 

Audited vouchers and accounts 

Wages and salaries 

Total current liabilities 

Balance — cash assets 

Total 

Materials and supplies on hand, $29, 627.47 



$47, 
20, 
73, 
60, 

202, 



318.22 
894. 77 

993. 75 
789.16 
995- 90 



785.25 
277. 70 

062.95 
932. 95 
995. 90 



RECAPITULATION. 
A. FOR MILEAGE OWNED. 



ACCOUNT. 



Total 
Amount Out- 
standing. 



Apportion- 
ment to 
Railroads. 



AMOUNT PER MILE OF LINE. 



Miles. 



Amount. 



Capital stock $2,000,000.00 

Bonds 1,^50,000.00 

Total 3,350,000.00 



146. 80 



146. 



B. FOR MILEAGE OPERATED. 



NAME OF ROAD. 



Norfolk and Southern R. R. Co. 
Grand total 



Capital Stock 



$2, 000, 000. 00 



2,000,000.00 



Funded Debt. 



Total. 



$1,350,000.00 



1,350,000.00 



$3,350,000.00 



3,350,000.00 



AMOUNT PER MILE 
OF LINE. 



Miles 



146. 80 



[46.80 



$22,820.16 



22, 820. l6 



NORFOLK AND SOUTHERN RAILROAD COMPANY. 



255 



COST OP ROAD, EQUIPMENT, AND PERMANENT IMPROVEMENTS. 



Item. 


Expenditures 

During Year, 

Not Included in 

Operating Ex- 
penses, Charged 
to Construction 

or Equipment. 


Total Cost to 
June 30,1899. 


Total Cost to 
June 30, 1900. 


Cost Per Mile. 


Construction- 


$8,116.60 
41, 261.29 


























49.377- 89 
















Equipment— 


9,012.96 
43,530.01 

520, 000. 00 

572,542.97 

49.377.89 
















Norfolk, Virginia Beach and South- 








































Total cost construction, equip- 


621,920.86 


$2,931,723.96 


$3, 553, 644. 82 


$23,526.19 





INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Miscellaneous income — less expenses 

Income from other sources 

Total income 

Deductions from Income— 

Interest on funded debt accrued 



$629, 488. 26 
409, 656. 25 



Interest on interest-bearing current liabilities accrued, not other- 
wise provided for 



Taxes 

Total deductions from income 

Net income 

Dividends, 4 per cent, common stock 

Total 

Surplus from operations of year ending June 30, 1900 

Surplus on June 30, 1899 [from " General Balance Sheet," i£ 
port] 



Re- 



Additions for year 

Deductions for year 

Total 

Surplus on June 30, 1900 [for entry on " General Balance Sheet "]. 



9,516.83 



58,243.05 

11,406.56 
19,420. 16 



80, 000. 00 



9,345-14 
7,079.58 



$219,832.01 



9,516.83 



229, 348. 84 







89 


069 


77 


140, 


279. 


°7 


80, 


000. 


00 



60,279.07 

219,403.13 



2, 265. 56 



281,947.76 



256 



N. C. CORPORATION COMMISSION. 



EARNINGS PROM OPERATION— Entire Line. 



Total 
Receipts. 



Deductions, 

Account of 

Repayments, 

etc. 



Passenger— 

Passenger revenue 

Less repayments — 

Tickets redeemed 

Excess fares refunded 

Other repayments 

Total deductions 

Total passenger revenue 

Mail 

Express 

Extra baggage and storage 

Other items 

Total passenger earnings 

Freight — 

Preight revenue 

Less repayments — 

Overcharge to shippers 

Other repayments 

Total deductions 

Total freight revenue 

Terminal— 

Lighterage 

Coal sales 

Total 

Total freight earnings 

Total passenger and freight earnings. 
Other Earnings from Operation— 

Telegraph companies 

Other sources 

Total other earnings 



$111,082.69 



455,684.59 



7, 549- 43 

33,304.73 

7,399-21 



$108.77 



5, 945- 35 
5,945-35 



Actual 
Earnings. 



$110,973.92 

11,876.89 

3,768.50 

767.32 

i,355.8o 



128,742.43 



449, 739- 24 



3,253.37 



Total gross earnings from operation— en- 
tire line 



497,992.61 
626,735.04. 

631.57 
2, 121.65. 

2,753.22' 



629,488.26. 



NORFOLK AND SOUTHERN RAILROAD COMPANY. 



257 



OPERATING EXPENSES. 



Item. 



Recapitulation of Expenses— Entire Line. 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings— entire line 



Amount. 



$94,883.62 
59, 727. 28 

216,424.43 
38,620.92 



409, 656. 25 



65.08 



RENTALS PAID. 

RENTS PAID FOR LEASE OF TRACKS, YARDS AND TERMINALS. 



Designation of Property. 


Situation of Property 
Leased. 


Name of Company Own- 
ing Property Leased. 


Item. 


Total. 


Terminals— 


Norfolk, Va 


Norfolk and Western 
Railway Co. 


$4,280.53 




way Co —Depots, tracks 
and bridge by agree- 
ment, no lease. 






Total _ 


$4 , 280. 53 











•17 



'258 



N. C. CORPORATION COMMISSION 



COMPARATIVE GENERAL BALANCE SHEET. 



JUNE 30, 1899. 



Total. 



$2,931,723.06 

6,200.00 
159,810.80 

23,185.21 



3,120,919.97 



J2, OOO, 000. 00 

830,000.00 

.63,516.84 



219,403.13 



3,120,919.97 



[Cost of road 

(Cost of equipment 

Stocks owned 

Cash and current assets 

OTHER ASSETS. 

Materials and supplies 

Grand total 

LIABILITIES. 

Capital stock 

Funded debt 

Current liabilities 



YEAR ENDING JUNE 30, 1900. 



Total. 



%, 553, 644- 82 

6, 200. 00 
202,995.90 

29,627.47 



Accrued interest on funded debt not 
yet payable 



Premium on bonds. 



Accrued general interest not yet pay- 
able 



Profit at d loss 

Grand total. 



3,792,468.19 



2, 000,000.00 

1 , 350 , 000. 00 

149,062.95 

1 1 , 250 . 00 



207. 4S 
281,947.76 



3,792. 



$621,920 



43, i8« 



6, 442. 26 



671,548.22 



520,000.00 
85,546.11 



207. 48 
62,544.63 



671,548.22 



8, 000. 00 



8, 000. 00 



TRAFFIC AND MILEAGE STATISTICS— Entire Line 



Item. 



Column for 
No. Passen- 
gers. Ton- 
nage, Car 
Mileage, 
No. Cars, 
etc. 



Columns for Revenue 
and Rates. 



Passenger Traffic— 

Number of passengers carried earning revenue 194, 161 ; 

Number of passengers carried one mile 4, 421,997 J 

Number of passengers carried one mile per mile of road__! 3°,i 2 3 | 

Average distance carried ' 22.77 

Total passenger revenue 1 i.'°,973 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 128, 742 

Passenger earnings per mile of road S76 

Passenger earnings per train mile — 



Dollars. Cents] Mills. 



156 
5io 



I 409 



NORFOLK AND SOUTHERN RAILROAD COMPANY. 



259 



TRAFFIC AND MILEAGE STATISTICS — Entire Line.— Continued. 



Item 



Column for 

Number 
Passengers, 

Tonnage, 
Car Mileage, 
Number of 

Cars etc. 



Columns for Revenue 
and Rates. 



Freight Traffic— 

Number of tons carried of freight earning revenue j 443, 232 

Number of tons carried one mile 25,451,601 

Number of tons carried one mile per mile of road i73»37 6 

Average distance haul of one ton : 57>4 2 

Total freight revenue -. 

Average amount received for each ton of freight __. 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road_ ._ 

I 
Operating expenses per train mile ' 

Income from operation ■ 

Income from operation per mile of road 

Car Mileage. Etc— 

Mileage of passenger cars 

Average number of passenger cars in train 

Average number of passengers in train 

Mileage of loaded freight cars — north or east - 

Car Mileage, Etc. 

Mileage of loaded freight cars -south or west 

Mileage of empty freight cars— north or east 

Mileage of empty freight cars — s ;uth or west 

Average number of freight cars in traiu 

Average number of loaded cars in train 

Average number of empty cars in train 

Average number of tons of freight in train 

Average number of tons of freight in each loaded car__ 
Average mileage operated during year 



Dollars. 



411,076 

2.92 

3i 

1,242,579 

623,485 
57,328 
688, 188 

19-65 

14.04 

5.61 

I9i-5i 

13-64 

146. So 



Cents 



449, 739 



497, 992 

3,392 

3 

629, 48a 

4,288 

2 

409, 656 

2,790 

1 

219,832 

i,497 



Mills. 



260 



N. C CORPORATION COMMISSION. 



FREIGHT TRAFFIC MOVEMENT. 



Commodity 



Freight 

Originating 

on this 

Road. 



Freight Re- 
ceived from 
Connecting 

Roads 
and Other 
Carriers. 



Total 
Freight Tonnage. 



Products of Agriculture— 
Grain 

Other mill products 



Hay 



Tobacco 

Cotton 

Fruit and vegetables 

Peanuts 

Products of Animals— 

L,ive stock 

Dressed meats 

Other packing-house products- 
Poultry, game and fish 

Products of Forest— 

Lumber 

Logs 

Wood, shingles, staves, etc 

Man uf actur es — 

Petroleum and other oils 

Naval stores 

Other castings and machinery- 
Fertilizer 

Merchandise 

Total tonnage— entire line. 



Whole Tons. 



Whole Tons 



Whole Tons 

6,027 
1, 110 
1,631 
29 
8,508 
3M43 
8,305 

442 
160 

565 
14,494 

X56,350 
77,313 
21,094 

506 

1,888 

8,764 

13,812 

91,091 



443. 232 



Per Cent. 
1.36 

• 25 

•37 

.01 

1.92 

7-03 

1.87 

. 10 

.04 

• 13 

3.27 

35-27 
17.44 
4.76 

. 11 

•42 

1.98 

3-12 

20.55 



[00.00 



NORFOLK AND WESTERN RAILWAY COMPANY. 



261 



Norfolk and Western Railway Company. 



OFFICERS. 



Title. 

Chairman of the Board 

President 

Secretary 

Treasurer 

General Solicitor 

Attorney, or General Counsel 

Comptroller 

Auditor 

Assistant Auditor ... 

General Manager 

General Agent 

General Superintendent 

Eng. Maintenance of Way 

Division Superintendent 

Division Superintendent 

Division Superintendent 

Division Superintendent 

Division Superintendent 

Superintendent of Telegraph 

General Freight Agent 

Assistant General Freight Agent 

General Passenger Agent 

General Ticket Agent 

Assistant General Ticket Agent- 



Name. 



F. J. Kimball 

Henry Fink 

A. J.Hemphill 

William G. Macdowell 

Joseph I. Doran 

Victor Morairetz 

M. C. Jameson 

Joseph W.Coxe 

Walter Macdowell 

L. E. Johnson 

N. M. Osborne 

James C. Cassell 



E. L. DuBarry, Norfolk Division __. 
Theo. Low, Shenandoah Division-. 

J. W. Cook, Radford Division 

N.D.Maher, Pocahontas Division . 
V. A. Riton, Scioto Valley Division. 

W.C.Walstrum 

T. S. Davant 

O.Howard Royer 

W. B. Berill 

W. B. Berill 

W.B. Berill 



Location of Office 



New York. 
New York. 
New York. 
Roanoke, Va. 
Philadelphia, Pa. 
New York 
Roanoke, Va. 
Roanoke, Va. 
Roanoke, Va. 
Roanoke, Va. 
Norfolk, Va. 
Roanoke, Va. 
Roanoke, Va 
Crewe, Va. 
Roanoke, Va. 
Roanoke, Va 
Bluefield, W. Va. 
Kenova,W.Va. 
Roanoke, Va. 
Roanoke, Va. 
Roanoke, Va. 
Roanoke, Va. 
Roanoke, Va. 
Roanoke, Va. 



262 



N. C. CORPORATION COMMISSION. 



PROPERTY OPERATED— North Carolina. 





TERMINALS. 


Miles of 
Line for 


NAME. 


From— 


To- 


Each Class 
of Roads 

Named. 


Norfolk and Western Railway— 




Virginia State Line 

Virginia State Line 


") 


Lynchburg and Durham Division- 


Durham 


> 89.52 


Total ... _ _ . 


89.52 










PROPERTY OPERATED. 





TERMINALS 


Miles of 

Line for 

Each Road 

Named. 


Miles of 
Line for 


NAME. 


From — 


To— 


Each Class 
of Roads 
Named. 


Norfolk and Western Railroad — 
1 A _._ _ 


Lambert's Point 

Lynchburg 

Hagerstown 

Roanoke. __ 


Bristol 

Durham 


412.32 

"5-43 
238.11 

121.30 
405. 38 

45-19 
100.40 

10.00 
9-50 

97.02 










Roanoke 

Winston-Salem 










Radford 

North Carolina Jct_ 






New Ridge__ 








1,438.13 


1 B 




City Point. 








Glade Spring 

Line of Road 


Saltville 

Industries 










116.52 






Total 


i,554--65 











RECAPITULATION. 

A. FOR MILEAGE OWNED 





Total 

Amount 

Outstanding. 


Apportion- 
ment to 
Railroads. 


AMOUNT PER MILE OF LINE. 


ACCOUNT. 


Miles. 


Amount. 




$89 , 000 , 000. 00 

49, 102,500.00 

290, 000. 00 


$89 , 000, 000. 00 

49,102,500.00 

290, 000 . 00 


i,554.65 
1,554-65 
i,554.65 


$57,248.00 

31,584.00 

186.00 










Total _ ._ 


138,392,500.00 


138,392, 500.00 


i,554.65 


89,018.00 





NORFOLK AND WESTERN RAILWAY COMPANY. 



203 



RECAPITULATION— Continued. 
B. FOR MILEAGE OPERATED. 





Capital Stock 


Funded Debt. 


Total. 


AMOUNT PER MILE OF LINE. 


NAME OF ROAD. 


Miles 


Amount. 


Norfolk & Western Ry_ 


$89, 000, 000. 00 


$49. 39 2 . 5 00 - 00 


^138,392,500.00 


i,554.65 

i,554.65 


$89,018.00 




89, 000, 000. 00 


49, 39 2 , 5 00 - 00 


I3 8 , 39 2 ) 5 00 - °o 


89,018.00 





COST OP ROAD, EQUIPMENT AND PERMANENT IMPROVEMENTS. 





EXPENDITURES DURING YEAR. 




Item. 


Included 

in Operating 

Expenses. 


Charged to In- 
come Account 
as Permanent 

Improvements 


Charged to 
Construction 
or Equipment. 


Equipment— 


$72,400.00 
5,300.00 

378,989.00 
9, 698. 00 




$28,712.55 










1,158,656.9s 
9,141.65 












79,575.05 












Total equipment . 


545, 962. 05 




1,198,237.75 
859,122.71 


Total construction ._ 


$14,695.06 






Grand total cost construction, equipment, etc. 


545, 962. 05 


14,695.06 


2, 057 , 360. 46 



Item. 


Total 

Cost to 

June 30,1899. 


Total 

Cost to 

June 30,1900. 


Cost 
Per Mile. 


Equipment— 


$9,919,017.15 
124,718,639.28 


$11,117,254.90 
i25,577,76i.99 


$7,J50.97 
80, 775. 58 


Total construction. 




Grand total cost construction, equipment, etc 


134,637,656.43 


136,695,016.89 


87, 926. 55 


Total cost construction, equipment, etc.— State of 
North Carolina _ _ _ 




2, 968, 979. 78 


* 33,165.55 







264 



N. C. CORPORATION COMMISSION. 



INCOME ACCOUNT— Entire Line. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Dividends on stocks owned 

Miscellaneous income— less expenses 

Income from other sources 

Total income 

Deductions from Income— 

Interest on funded debt accrued 

Taxes 

Permanent improvements 

Other deductions, advances to subsidiary companies- 
Total deductions from income 

Net income 

Dividends, 4 per cent, preferred stock 

Total 

Surplus from operations of year ending June 30, 1900. 



Surplus on June 30, 1899 [from "General Balance Sheet " 1899 Re- 
port] 



Deductions for year 

Surplus on June 30, 1900 [for entry on "General Balance Sheet"]. 



$14,091,004.93 
8,113,167.86 



11, 256.00 
62,306.41 



2,273,639.22 

387,927.82 

14, 695. 06 

1,520.12 



909 , 748. 00 



$5,977,837.07 



73,562.41 



6,051,399.48 



2,677,782.22 



3-373,6i7.26 



909, 748. 00 
2,463,869.26 



i,955,930.oo 



1,811,441.14 



NORFOLK AND WESTERN RAILWAY COMPANY. 



265 



EARNINGS FROM OPERATION— North Carolina. 



Item. 


Total 
Receipts. 


Dednctions, 

Account of 

Repayments, 

etc. 


Actual 
Earnings. 


Passenger— 


$37,201.45 








8745. 63 




















$36,455.82 
5, 664. 42 
1,252.24 


Mail _ _ _ _ _ 




















43.372.48 




203,536.52 




Freight- 






2,767. 26 




















200, 769 . 26 










200, 769. 26 










244,141.74 






102.21 
61.02 


Other Earnings from Operation— 




Other sources _____ 












Total other earnings _ 




163 23 
244,304.97 

14,091,004.93 


Total gross earnings from operation — _^. C 






Total gross earnings from operation — entire 
line _ _ _ 











STOCKS OWNED. 

A. RAILWAY STOCKS. 



Name. 


Total 
Par Value. 


Valuation. 


Adjustment preferred stock _ _ __ ______ 


$252, 600. 00 

1,530,800. 00 

6,200.00 


$252,600.00 
1,530,800.00 










Total ___ _ ___ _ . 


1 , 789, 600. 00 


1,789,600.00 





266 



N. C. CORPORATION COMMISSION. 



STOCKS OWNED— Continued. 

B. OTHER STOCKS. 



Name. 


Total 
Par Value. 


Rate 

Per 

Cent. 


Income or 
Dividend 
Received 


Valuation. 




$59, 8 5°- 00 

187, 600. 00 

100, 000. 00 

1,813.00 






$44, 887. 50 

131,320.00 

25, 000. 00 

€95. 00 




6 


$11, 256.00 
















Total - - • _ 


349, 263. 00 




11,256.00 


201,902.5c 






2, 138,863.00 




11,256.00 


1,991,502.50 





BONDS OWNED. 

A. RAILWAY BONDS. 



Name. 



First consolidated mortgage- 
Total 



Total Par 
Value 



5923, 750, 00 



923, 750. 00 



Valuation. 



$923 , 700. 00 



923, 700. 00 



B. OTHER BONDS. 



Name. 


Total Par 
Value. 


Valuation. 




$130,000.00 


$130, 000. 00 




Total 


130,000.00 


130, 000. 00 




Grand total — A and B _ _ _ 


J,^, 75°' 00 


1,053,700.00 





NORFOLK AND WESTERN RAILWAY COMPANY. 



267 



OPERATING EXPENSES 



Item 



Recapitulation of Expenses— Entire Une — 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings,— entire line 

Operating Expenses — North Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total 

Percentage of expenses to earnings— North Carolina 



Amount. 



$1,558,803.43 

2,034,383.10 

4,210,174.45 

309, 806. 88 



8,113,167.86 

57.58 




RENTALS PAID. 

B. RENTS PAID FOR LEASE OF TRACKS, YARDS AND TERMINALS. 



Designation of 
Property. 


Situation of Property 
Leased. 


Name of Company Owning 
Property Leased. 


Item. 


Total. 


Tracks — 




B. and O.and P. C. C. and 
St.L.Rwy. 

C. A. and C. Rwy 


$1,200.00 
250. 00 














Total 




$1,450.00 


Yards — 


Norfolk, Va 


M. and M. Transpt. Co 


250. 00 








Total 






Terminals — 


Hagerstown,Md 


C. V. R. R _ _ _ _ _ 


1,485.07 












Total 




1,485.07 


Grand total __ _ _ 






3,185.07 









2QS 



N. C. CORPORATION COMMISSION. 



COMPARATIVE GENERAL BALANCE SHEET. 



JUNE 30, 1899. 




YEAR 


ENDING JUNE 30, 1900. 












Total. 




Total. 


Increase. 


Decrease 


$124,718,639.28 
9,919,017.15 
i»9 8 5»702.5o 
1,056,700.00 
3,095,074.22 




$i25,577,76i.99 
11,117,254.90 
1,991,502.50 

x ,°53, 7°°-9° 
2,817,882, 19 


$859,122.71 

1,198,237.75 

5, 800. 00 














$3 , 000. 00 
277,192.03 






OTHER ASSETS. 




747, 574- 49 




1,420,683.74 


673, 109. 25 








141,522,707.64 


i43,978,735-32 


2, 456, 077. 68 


280, 192.03 


LIABILITIES. 










89,000,000.00 

49,111,800.00 

1 , 607, 498. 26 

499, 907. 50 
1,303,501.88 




89, 000, 000. 00 

49, 392, 5°°- 0O 

3, 257, 553- 35 

517,290.83 
1,811,441. 14 








280, 700. od 
1,650,055.09 

i7,383-33 
507, 939. 26 








Accrued interest on funded debt not 












141,522,707.64 


143,978,785 32 


2, 456, 077. 68 









NORFOLK AND WESTERN RAILWAY COMPANY. 



269 



TRAFFIC AND MILEAGE STATISTICS.— North Carolina. 



Column for 
Number 

Passengers, 
Tonnage, 

Car Mileage, 
Number of 
Cars, etc 



69, 753 
i>4io,759 
15, 759 
20.23 



671,599 

245,718 

3>5,524 

42. c6 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road 

Average distance carried — miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road ' 

Operating expenses per train mile. ' 

Income from operation j 

Income from operation per mile of road ' 

Car Mileage, Etc.— 

Mileage of passenger cars [ 267,012 

Average number of passenger cars in train | 5.26 



Columns for Revenue 
and Rates. 



Dollars. 



36,455 



43,372 
484 



200 , 769 
2 



200, 769 
2, 242 



244, 304 

2,709 

I 

165,620 
1,850 



78, 684 
878 



Cents 



Mills. 



270 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS -Continued. 



Item 



Car Mileage 'Etc.- Continued. 

Average number of passengers in train 

Mileage of loaded freight cars — north or east ) 

Mileage of loaded freight cars — south or west ) 

Mileage of empty freight cars — north or east ] 

Mileage of empty freight cars south or west j 

Average number of freight cars in train 

Average number of loaded cars in train 

Average number of empty cars in train 

Average number of tons of freight in train 

Average number of tons of freight in each loaded car 

Average mileage operated during year 

Train Mileage — 

Mileage of revenue passenger trains 



Column for 
Number 

Passengers, 

fonnage.Car 
Mileage, 

Number of 
Cars, etc. 



Mileage of locomotives employed in " helping" passenger 
trains 



Percentage of " helping " to revenue train mileage- 
Mileage of revenue freight trains 



Mileage of locomotives emplov ed in "helping" mixed 
and freight trains 



Percentage of " helping " to revenue train mileage- 
Total revenue train mileage 

Mileage of non-revenue trains 



1,788,377 



1, 282, 566 



Columns for Revenue 
and Kates. 



22.01 

12.82 j 
9.19 
202.42 

15.85 
89.52 



81,294 



623 




0. 


77 


139,537 




100,093 




71. 


73 


220,831 




9,214 





Dollars. 


Cents 


Mills. 




















_ 






































































j 






! 







NORFOLK AND WESTERN RAILWAY COMPANY 



271 



FREIGHT TRAFFIC MOVEMENT. 



Commodity. 



Products of Agriculture — 

Grain 

Flour 

Other mill products 

Hay '— 

Tobacco 

Cotton 

Fruit and vegetables 

Products of Animals — 

L,ive stock 

Dressed meats 

Other packing-house products 

Poultry,game and fish 

Wool 

Hides and leather 

Products of Mines — 

Anthracite coal 

Bituminous coal 

Coke 

Ores 

Stone, sand and other like articles 

Products of Forest — 

Lumber 

Manufactures— 

Petroleum and other oils 

Sugar 

Naval stores 

Iron, pig and bloom 

Iron and steel rails 

Other castings and machinery 

Bar and sheet metal 

Cement, brick and lime 

Agricultural implements 

Wagons, carriages, tools, etc 

Wines, liquors and beers 



Freight 

Originating 

on this 

Road. 



Whole Tons. 

87,224 
33.154 
25,092 
21,300 
40, 764 
302 
55,015 

39,822 



127 


6,676 


247 


657 


6,808 


2,179 


4,432,467 


1,505,207 


600 , 796 


434, ^30 



5,113 

4,281 

154 

353,027 

2,147 

39, 599 

32,917 

119,969 

1.493 

4,614 
7,177 



Freight Re- 
ceived from 
Connecting 
Roads and 

Other 
Carriers. 



Whole Tons. 
193,005 
73,428 
25,930 
58,043 
26, S24 
i7,'^56 
39, 149 

11,472 
5,683 

47,422 
1,709 
3,735 

15,216 

55, 025 
45, 065 
6,838 
278, 565 
196,941 

237, S60 

24, 642 

43,8r 3 

722 

80, 628 

27,111 

92, 128 

39,176 

49, 203 

5,205 

6,090 

9,766 



Total Freight 
Tonnage. 



Whole Tons. 
280, 229 
106, 582 
51,022 
79, 343 
67,588 
17,358 
94, 164 

51,294 
5,810 

54, 09S 
i,956 
4,392 

22,024 

57, 504 

4,477,532 

1,512,045 

879,361 

63i,77' 



Per Cent. 

2.60 
•99 

• 47 

• 74 
.63 
.16 
.87 

.48 

• 05 
•50 
.02 
.04 



• 53 

41.52 

14.02 

8. 15 

5-86 



955, °8o 



8.S6 



29, 755 


.28 


48, 094 


•45 


876 


.01 


433, 655 


4.02 


29, 258 


.27 


131,727 


1.22 


72,093 


.67 


169,172 


1-57 


6,698 


.06 


10, 704 


. 10 


16,943 


.16 



272 



N. C. CORPORATION COMMISSION. 



FREIGHT TRAFFIC MOVEMENT- Continued. 



Commodity. 


Freight 

Originating 

on this 

Road. 


Freight Re- 
ceived from 
Connecting 
Roads and 

Other 
Carriers. 


Total Freight 
Tonnage. 


Maxs ufactures— Continued. 


Whole Tons. 

7,659 
95, 600 

5i. 159 


Whole Tons. 
10, 104 


Whole Tons. 

17,766 


Per Cent. 
.17 




Miscellaneous: Other commodities not men- 


08,865 150,024 


i-39 






8,735,096 


2,048, 125 10,783,221 














671,599 


6.23 











MILEAGE OF LINE OWNED BY STATES. 



STATE OR TERRITORY. 



Virginia 

West Virginia 

Maryland 

North Carolina 

Kentucky 

Ohio 

Total mileage owned (single 
track) 



LINE REPRESENTED 
BY CAPITAL STOCK. 



Main 
Line. 



956. 48 

240. 75 

15.58 

87.34 

.29 

I37-69 
i,438.i3 



Branches 
and Spurs. 



79.01 
33-76 



■ 6.52 



Total 
Mileage 
Owned 



1,035.49 

274.51 

15.58 

89.52 

.29 

139.26 



[,554.65 



New Line 

Construct 

ed During 

Year. 



Iron. 



9.66 



9.66 



Steel 



1,025.83. 

274.51 

15.58 

89.52 

•29 

139.26 



1,544-99 



RALEIGH AND CAPE FEAR RAILWAY COMPANY. 



27.°> 



Ralcigb and Cape Fear Railway Coropany. 



DIRECTORS. 

Names of Directors. 

John A. Mills 

T. B. Upchurch . 

W.J.Upchureh ._ 

FT. Ricks 

K. B. Johnson 

J. R. Chamberlain 

F. O. Morning 



Post-office Address. 



Raleigh, N.C. 
Raeford,N.C. 
Raeford, N. C. 
Raleigh, N.C. 
Raleigh, N.C. 
Raleigh, N.C. 
Raleigh, N.C. 



OFFICERS 



Title. 


Name. 


Location of Office. 


President and General Manager 




Raeford, N.C. 


T.B. Upchurch 


Raleigh, N.C. 
Raleigh, N.C. 
Raleigh, N.C. 


Attorney. 


Secretary and Treasurer __ __ 


F.T.Ricks 







PROPERTY OPERATED. 

Raleigh and Cape Fear — Caraleigh Mills to Sippahaw (miles) 

Southern Railway- Raleigh to Caraleigh Mills (miles) 

Total 



19.00 

1. So 



CAPITAL STOCK 

Capital stock 

Funded debt 

Cas-h realized on same 

2 18 



$40,000. 00 
60,000.00 
33, 150.00 



274 



N. C. CORPORATION COMMISSION. 
CURRENT ASSETS. 



Cash 

Due from agents. 



Cost of road. 



$900. 00 
1,000.00 



$85, 000. 00 



INCOME ACCOUNT. 



Gross earnings from operation- 
Less operating expenses 

Income from operation- 
Taxes 

Permanent improvements.. 



321.34 
2,000. 01 



$15. < 



EARNINGS FROM OPERATION. 



Passenger earnings 

Freight earnings 

Total freight and passenger earnings . 



RENTS PAID. 
Southern Railway— Caraleigh Mills to Raleigh 



$4,565.25 
22, 673. 77 



27,238. 



$[,088.00 



Red Springs and Bowmore Railroad Company. 





OFFICERS. 




Title. 


Name. 

1 


Location of Office. 




.__ W. F. Williams __ 


Red Springs. 


Secretary and Treasurer 


J.G.Williams 


Red Springs 





PROPERTY OPERATED. 
d Springs to Wagram and branches 

15 miles of the road is in Robeson County and 6 miles in Sotland County. 
The road is owned and operated by the Red Springs Lumber Company. 
Operated principally for hauling logs by and for owners. 



21 miles. 



LINVILLE RIVER RAILWAY COMPANY. 



275 



Lawndale Railroad. 



Road operated— Shelby to Lawndale (miles) 9 

H F. Schenck, President Lawndale, N.C. 

This road is owned by the Cleveland Cotton Mills, and is used mainly for transporting the freight 
of this company. 



Lirwille River Railway Company. 



OFFICERS. 



Title. 



President 

Vice-President __ 

Secretary 

Superintendent . 
Chief Engineer- 



Name. 



Isaac T. Mann 

w!m Ritter 

James L. Hammill 

F. L. Hammill 

M.J.Caples 



Location of Office. 



Columbus, Ohio. 
Saginaw. 



ROAD OPERATED. 

From Cranberry to Saginaw — narrow gauge (miles) 



CAPITAL STOCK. 



Capital stock 

Funded debt 

Gross earnings 

Operating expenses. 



$6o,ooc.oo 

60, 000. 00 

0,418.41 

7, 304. 15 



Principally hauling lumber for owners. 



276 



N. C. CORPORATION COMMISSION. 



Suffolk and Carolina Railway Coropany 



OFFICERS. 



Title. 



Chairman of the Board 

President 

First Vice-President 

Second Vice-President 

Secretary 

Treasurer 

General Solicitor 

Attorney, or General Counsel 
Attorney, or General Counsel 

Auditor 

General Manager 

General Superintendent 



Name. 



William H. Bosley 

William H. Bosley 

Charles H.Tilghman 

J. H.Coltman 

John S. Fittings 

William B.Oliver 

A.H.Taylor 

E.E.Holland 

L.L.Smith 

C. L. Hutchins 

George L. Barton 

H.P.Brooks 



Location of Office. 



Baltimore, Md. 
Baltimore, Md 
Baltimore, Md. 
Baltimore.Md. 
Baltimore, Md. 
Baltimore, Md. 
Baltimore, Md. 
Suffolk, Va. 
Gatesville, N.C. 
Suffolk, Va. 
Suffolk, Va. 
Suffolk, Va. 



PROPERTY OPERATED— North Carolina. 





TERMINALS. 


Miles of 

Line for 

Each 

Road 

Named. 

2=i 

25 


Miles of 
Line for 


NAME. 


From — 


To— 
Montrose, N. C ___ 


Each Class 
of Roads 
Named 


Suffolk and Carolina Railway Co 

Total 


Brinkley.Va 


2.S 











SUFFOLK AND CAROLINA RAILWAY COMPANY 



277 



CURRENT ASSETS AND LIABILITIES. 



Cash 



Bills receivable -_ 

Due from agents 

Due from solvent companies and individuals 

Net traffic balances due from other companies 

Total — cash and current assets 

LIABILITIES 

Loans and bills payable 

Audited vouchers and accounts 

Wages and salaries 

.Matured interest coupons unpaid (including coupons due Juty i). 

Total — current liabilities 

Balance — cash asset* 

Total 



$12,980.01 
8,584.22 

i,47o.59 

28, 336. 09 

250.11 

51,621.02 



3,737-22 

3,226.33 

1,798.86 

700.00 

9,462.41 

42, 158.61 

51,621.02 



Materials and supplies on hand, $2,273.41. 



RECAPITULATION. 

A. FOR MILEAGE OWNED. 





Total Amount 
Outstanding. 


Apportion- 
ment to 
Railroads. 


AMOUNT PER 


MILE OF LINE. 


ACCOUNT. 


Miles 


Amount. 




8400, 000. 00 
140,000.00 


$400, 000. 00 
140,000.00 


39- 00 


$10, 256. 00 








Total _ _ _ _ . 


540, 000. 00 


540, 000. 00 


39.00 13,846.00 





B. FOR MILEAGE OPERATED. 






NAME OF ROAD. 


Capital 
Stock. 


Funded i *»„*„, 
Debt. ! Tota1 ' 


AMOUNT PER MILE OF 
LINE. 




Miles. 


Amount. 






39-oo 


$13, 846. 00 






^T 


Grand total. __ _ _ . 


400,000.00 140,000.00 


540,000.00 1 39.00 


13,846.00 





278 



N. C. CORPORATION COMMISSION. 



COST OP ROAD, EQUIPMENT AND PERMANENT IMPROVEMENTS. 


Item. 


Expenditures 

During Year 

Charged to 

Construction 

or Equipment. 


Total Cost to 
June 30, 1899. 


Total Cost to 
June 30, 1900. 


Cost Per Mile. 


Equipment— 


$701.69 
1, 403. 33 
2,105.07 


























$63,363. 14 
443, 193. 70 


$65,468.21 
443, 193- 70 


$1,678.67 

IT, 363. 94 








Grand total cost construction, 


2,105.07 


506, 556. 84 


508,661.91 


13,042.61 




Total cost construction, equip 
ment, etc— State of N. C 


1,349.40 


324,715.92 


326, 065. 32 


13,042.61 



INCOME ACCOUNT. 



Gross earnings from operation 

L,ess operating expenses 

Income from operation 

Miscellaneous income — less expenses 

Income from other sources 

Total income 

Deductions from Income— 

Interest on funded debt accrued 

Taxes 

Total deductions from income 

Net income 

Dividends, 2% per cent, common stock 

Total 

Surplus from operations of year ending June 30, 1900 

Surplus on June 30, 1899, [from "General Balance Sheet," 1^99 
Report ] 



Surplus on June 30, 1900, [for entry on "General Balance Sheet."]. 



$70, 295. 72 
35,3i8.57 



887.35 



a, 400. 00 
1,227. 12 



$34,9:7.15 



7-35 



35,864.50 



9,627. 12 
26,237.38 



16, 237. 38 
67,369.81 



S3, 60- 



SUFFOLK AND CAROLINA RAILWAY COMPANY. 



279 



EARNINGS FROM OPERATION. 



, Item. 


Total 
Receipts. 


Deductions, 

Account of 

Repayments, 

etc 


Actual 
Earnings. 


Passenger— 

Passenger revenue 


$3,895.87 














$3,895.87 
961.50 


Mail 


961-5° 












4,857.37 




36, 070. 07 




Freight — 

Freight revenue 












36, 970. 07 










36,070.07 
40,927.44 










4,133-92 




Other Earnings from Operation— 








4,133-92 
45, 061. 36 
70, 295. 72 


Total gross earnings from operation— North 






Total gross earnings from operation — entire 









OPERATING EXPENSES 

Recapitulation of Expenses— Entire Line— 

Maintenance ol way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings— entire line 

Operating Expenses— State of North Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total 

Percentage of expenses to earnings— North Carolina 



$10,159 


25 


3,755 


>3 


15,896. 


30 


5, 507- 


89 


3S3i8. 


57 


50.24 


7,512. 


34 


2,407. 


13 


10, 189. 


94 


3, 530. 


70 


23,640.11 


52- 


46 



280 



N. C. CORPORATION COMMISSION. 





COMPARATIVE GENERAL 


BALANCE SHEET. 




JUNE 30,1899. 


ASSETS. 


YEAR ENDING 


JUNE 30, I90O. 


Total. 


Total. 


Increase. 


1443, 193- 70 
63, 363. 14 
63, 286. 60 




$443, 193. 70 
65,468.21 
70,513.26 
51,621.02 

2,273.41 






$2,105.07 
7, 226. 66 
6,846.41 

589.87 






1,683.54 


OTHER ASSETS. 

Materials and supplies 


616,301.59 


633i 069- 60 


16,768.01 


LIABILITIES. 


400,000. 00 


400, 000. 00 

140,000.00 

9,462.41 

83, 607. 19 




Funded debt __ — . - 




8,931.78 
67,369.81 




530.63 








6:6,301.59 


633, 069. 60 


530.63. 





Soutl) Carolina and Georgia Extension, Railroad Company, 



OFFICERS. 

Name. 

Samuel Hunt 

O. G. Haven, Jr 

0. D. Chapman 

Horn blower Byrne | 

Miller & Potter j 

W. D. Gray 

Samuel Hunt 

A. Tripp 

S. B. Lumpkin 



Title. 

President 

Vice-President 

Secretary and Treasurer 

General Counsel 

I 
Auditor 

General Manager 

Superintendent 

General Freight and Passenger Agent 



Location ol Office. 



Cincinnati, O. 
New York. 
New York. 

New York. 

Cincinnati, O. 
Cincinnati, O. 
Blacksburg, S. C. 
Blacksburg, S. C. 



SOUTH CAROLINA AND GEORGIA EXTENSION RAILROAD. 



281 



PROPERTY OPERATED 

Marion, N. C, to State Line, S.C. (miles) 

Ent ire line— Marion, N. C , to Camden, S.C. (miles) 

Blacksburg, S.C, to Gaffney.S.C. (miles) 



64.15 
171-30 
10.50 



CAPITAL STOCK 

Capital Stock 

Capital stock pei mile 

Funded debt . 

Funded debt per mile . 

Construction and equipment 

Construction and equipment— North Carolina 



$500, 000. 00 
2, 750. 00 

1,092,000.00 
6, 007. 00 

1,592,000.00 
561,976.00 



INCOME ACCOUNT. 



Gross earnings from operation 

Operating expenses 

Income from operation 

Deductions from Income— 

Interest 

Taxes 

Total deductions from income 

Deficit ... 

Deficit June 30, 1899 

Deficit June 30, 1900 

Earnings— North Carolina 

•Operating expenses— North Carolina. 
Income from operation 



$248,176.25 
197,382.41 



49, 140.00 
14,768.51 



13,114.67 
6,329.41 



49, 400. 94 
39,081.71 



$50, 793- 84 



63,908.51 



19,444.08 



10,319.23 



282 



N. C. CORPORATION COMMISSION. 



Transylvania Railroad Company. 









Title. 


Name. 


Location of Office. 


President- __■_ __ 


W. P. Potter 


Pittsburgh, Pa. 
Pittsburgh, Pa. 
Pittsburgh, Pa. 
Pittsburgh, Pa. 
Pittsburgh, Pa. 
Brevard, N. C. 


First Vice-President 




Secretary 

Attorney _ 


C. H. Stolzenback 

Stone & Potter 






General Manager. ... 


J. F. Hays 

T. S. Boswell - . . 




Brevard, NC. 
Brevard, N.C. 


Freight Agent 


A. K. Orr 







PROPERTY OPERATED. 

Hendersonville to Brevard (miles)* 

Capital stock .. 

Funded debt 

* Extension of 10 miles will be in operation by October 



21.60 

$3:0,000.00 

160,000.00 



TRANSYLVANIA RAILROAD COMPANY. 



283 



CURRENT ASSETS AND LIABILITIES 

ASSETS 

Cash 

Bills receivable 

Due from agents 

Due from solvent companies 

Due from other companies 

Total cash and current assets 

LIABILITIES 

Audited vouchers and accounts 

Wages and salaries 

Balance cash assets 

TotaL__ 



$i, 142.21 

53,800.00 

225. 14 

246. 83 

256. 89 



55,671.07 



398-93 

297.39 

54,975-35 
55,671.07 



INCOME ACCOUNT. 

Gross earnings 

Operating expenses 

Income from operatiou 

Taxes 



$16, 506. 97 

7,972.84 

8,534-13 

535- 20 



284 



N. C CORPORATION COMMISSION 



Wellington and Powellsville Railroad Company 



OFFICERS, 



Title. 



President 

Secretary and Treasurer 

Superintendent - 

Freight and Passenger Agent 



Name. 



J. W. Branning 

Horton Corwin,Jr 

C.E. Branning 

M.C. Hinshaw 



Location of Office. 



Kdenton.N. C. 



Ahoskie, N. C 
Windsor, N.C. 



PROPERTY OPERATED. 



Windsor, N. C, to Ahoskie, N. C, (miles). 

Capital stock 

Cost of road and equipment 

Gross earnings 

Operating expenses 



24 

$90, 000. 00 

162, 695. 93 

21,765.47 

22,185.70 



Wilmington Seacoast Railroad Company. 



DIRECTORS. 



Names of Directors. 


Post-office Address. 


Date of Expiration 
of Term. 




Wilmington, N. C _ - 


1 




Wilmington, N.C __ — - - - 


1 




Wilmington, N.C _ _- — 


1 




Wilmington, N.C 


! First Tuesday in 

February, 1901. 


C. W. Worth 


Wilmington, N.C 

Wilmington, N.C ___^ 


I 


J. W. Norwood 


1 

J 



WILMINGTON SE ACQ AST RAILROAD COMPANY. 



285- 



OFFICERS. 



Title. 


Name. 


Location of Office. 




George R.French 


Wilmington, N. C. 




George L. Morton 


Wilmington, N.C 




Roberts Collins, Acting 

K.K.Bryan 


Wilmington, N.C. 


Attorney, or General Counsel 


Wilmington, N.C. 
Wilmington, N.C. 


Oscar Pearsall 




R.O.Grant-. __ _ 


Wilmington, N. C. 
Wilmington, N.C. 




E.S. Latimer _ ______ _ 


General Freight and Passenger Agent 


J. H. Chadbourn, Jr _ _ . 


Wilmington, N.C. 





PROPERTY OPERATED. 



From Wilmington to Ocean. 



1 1. 8 1 miles. 



CAPITAL STOCK. 



Number of shares authorized — common- 
Par value of shares 

Total par value authorized 

Total amount issued and outstanding __. 
Capital stock per mile «._. 



1,500 

$100.00 

150,000.00 

1 50, 000. 00 

12,701.00- 



FUNDED DEBT. 
MORTGAGE BONDS. 



Class of bond or obligation — 6 per cent. 20 years. 
Date < f issue, October 1, 1891. When due, 191 1. 

Amount of authorized issue 

Amount issued and outstanding 

Funded debt per mile 

Rate of interest, 6 per cent, payable April and October 
Amount of interest paid during year 



$50 , 000 . 00 
50, 000. 00 

4,234.00 

1,410.00 



COST OF ROAD, EQUIPMENT, AND PERMANENT IMPROVEMENT. 



Total cost of construction to June 30, 1900- 

Total cost equipment to June 30, 1900 

Total cost of construction permit 



Ji33,6i6. 55 . 

27,297.71 
11,313-84- 



286 



N. C. CORPORATION COMMISSION. 



CURRENT ASSETS AND LIABILITIES 

ASSETS. 

Cash 

Due from solvent companies 

LIABILITIES. 

Loans and bills payable 

Audited vouchers and accounts 

Interest unpaid 



$1,045.64 
452. 25 

6, 645. 13 
4, 786. 35 
1,410.00 



INCOME ACCOUNT. 



Gross earnings from operation ._ 

Less operating expenses 

Deficit 

Deductions from Income — 

Interest on funded debt ace ued 

Interest on interest-bearing current liabilities accrued__ 

Interest on real estate mortgages 

Taxes 

Total deductions from income 

Deficit . 

Deficit from operations of year endiug June 30, 1900. 



Deficit on June 30, 1899, [from "General Balance Sheet," 1899 
Report] 



Deficit on June 30, 1900, [for eutry on "General Balance Sheet."]. 



$17,656.46 
i7,933.6o 



2,820.00 
180. 00 
100.00 
546.86 



3,924.02 



$277.16 



3,646.86 



36,806. 19 
40,730.21 



EARNINGS FROM OPERATION. 



Total passenger revenue 

Mail 

Other items 

Total passenger earnings 

Total freight earnings 

Total passenger and freight earnings. 



$389.64 
5-75 



813.735." 



395-39 
14,130.51 
3, 525. 95 



17,656.46 



WINTON RAILROAD AND LUMBER COMPANY. 



287 



WiQtOQ Railroad & Lun)ber Coropany. 



Title. 

President 

Secretary 

Treasurer 

Attorney 



OFFICERS. 

Name. 

P.D.Camp 

George Cowper 

R.J.Camp 

George Cowper 



Location of Office. 



Franklin, Va. 
Winton,N.C. 
Franklin, Va. 
Winton.N.C. 



PROPERTY OPERATED. 



St. John's, N.C., to Winton,N.C —main line (miles). 

Sidings 

Capital stock 

Funded debt 

Cost of road 

Cost of equipment 

Gross earnings 

Operating expenses 

Income from operation 

Cost of construction per mile 

Cost of construction and equipment per mile 



15 

7 

$30,000.00 

30, 000. 00 

45, 000. 00 

10,000.00 

23,238.71 

16,833.48 

6,405-23 

2,250.00 

2, 750. 00 



288 



N. C. CORPORATION COMMISSION. 



Warreotor) Railroad Compaoy- 



OFFICERS. 



Title. 


Name. 


Location of Office. 




W.J.White Warrenton.N. C. 






Warren ton, N.C. 
Warreuton,N. C. 




O. P. Shell . 







PROPERTY OPERATED 

Warrenton to Warren Plains (miles) 

Capital stock 

Funded debt 

Cost of road 

Cost of equipment 

Gross earnings 

Operating expenses 



$12,300.00 
6, 000. 00 
14,375-00 
5,925.00 
4,540.00 
3, 043. 00 



SEABOARD AIR-LINE SYSTEM 



289 



SEABOARD AIR-LINE SYSTEM. 



LINES CONTROLLED AND OPERATED IN NORTH CAROLINA 



Name. 



Carolina Central Railroad 

Durham and Northern Railway 

Georgia, Carolina and Northern Railway 

Pittsboro Railroad 

Raleigh and Augusta Air-Line Railroad 

Raleigh and Gaston Railroad 

Roanoke Rapids Branch 

Louisburg Railroad 

Roanoke and Tar River Railroad 

Seaboard and Roanoke Railroad 

Palmetto Railroad 

Wilmington Railway Bridge Company 

Total length of all lines, Seaboard Air-I,ine System, in North Carolina 



Miles. 



273-43 
41.40 
14.30 
11.20 
106.73 
96.20 
2-54 
10.00 
32.30 
18.40 
7.00 
2.40 



615.90 



19 



290 



N. C. CORPORATION COMMISSION. 



Carolina Central Railroad Company. 







PROPERTY OPERATED. 










TERMINALS. 


Miles of 

I.i»ef r 

K-nrh K<ad 

Named. 


MiVs of Line 
for Each 


NAME. 


From— 


To- 


Cla^s f Koads 
Named. 


CC.R.R.Co 


J 


Wilmington, N C_ 

N T avassa,N. C 

Navassa, N. C 

KIlenboro,N. C— 


Hilton,N.C 1 

Rutherfordton,N. C ) 
Hilton, N.C 




264. 63 

2.40 

6.40 


Wilmington Ry. Bridge Co._ 




Henrietta, N.C _ _ 












Total — - 




273-43 













CAPITAL STOCK 





Number of 

->h ires 
Authorized 


Par Value 
of Shares. 


Total Tar 

Value 

A ut h 01 i zed. 


Total 

Amount 

Issued and 

Outstanding. 


Dl VI DENDP DECLAR- 
ED DUhl'.NG YEAR. 


DESCRIPTION. 


RaiePer 
Cent 


Amount. 


Capital stock- common _ 
preferred- 


15,000 
5, 000 


$ 1 00 . 00 
100.00 


fi, 500,000.00 
soo, 000. no 


1 1 , 500 , 000. 00 
500, 000. 00 
















20, 000 


100.00 


2 , 000, 000. 00 


2, 000, 000. 00 













Manner of Payment for Capital S-ock 



Issued for construction— common 

Issued for leorgauization— common., 
preferred- 
Total 



Number of 
shares I-s-ued 
During Year. 



3,oro 
5,000 



Cash 

Realized n 

Amount 

Issued 
ing Year 



ur- 



8,000 



Total Number 

Sh <res 

Issued and 

Outstanding. 



12,000 
3,000 
5,000 



20, 000 



Total Cash 
Realized. 



$1,200,000.00 



1,200,000.00 



CAROLINA CENTRAL RAILROAD COMPANY. 



291 



FUNDED DEBT. 
MORTGAGE BOND}, MISCELLANEOUS OBLIGATIONS, AND INCOME BONDS. 





TIME. 


Amount of 

Authorized 

Issue 


Amount 
Issued. 


Amount 
Outstanding. 


Cash Real- 


CLASS OF BOND OR 
OBLIGATION. 


II 


is 


ized on 

Amount 

Issued. 




Jan 

1899 


1949 


$3, 000, 000. 00 


$3,000,000.00 


$3,000,000.00 









CLASS OF BOND OR OBLIGATION. 



First in or t gage - 



INTEREST. 



Rate 

Per 

Cent. 



When 
Payable. 



Jan.& July 



Amount 

Accrued Dur 

ing Year. 



$120,000.00 



Amount 
Paid Dur- 
ing Year. 



$120,000.00 



RECAPITULATION OF FUNDED DEBT. 





Amount 
Issued 


Amount 
Outstanding. 


INTEREST. 


CLASS OF DEBT. 


Amount 
Accrued Dur- 
ing Year. 


Amount 

Paid During 

Year. 


Mortgage bonds 


$3,000,000.00 
3, 000, 000. 00 


$3, 000, 000. 00 


$120,000.00 


$120,000.00 


Total 


3, 000, 000. 00 


120,000.00 


1 20, 000. 00 



CURRENT ASSETS AND LIABILITIES. 



ASSETS. 

Due from agents 

Bills receivable 

Due from solvent companies and individuals 

Other ca^h assets 

Total— cash and current assets 

Balance — current liabilities 

Total . 

LIABILITIES 

Audited vouchers and accounts 

Wages and salaries 

Matured interest 

Miscellaneous 

Total — current liab lities 



Amount. 

$13,202.27 
3, 297. 00 
55,691.82 
3,738.55 
75, 929. 64 
67, 181.47 
143, HI, 11 

9,556.11 

15,089.67 

60,000.00 

58,465.33 

143,111.11 



Materials and supplies on hand, $37,483.86. 



292 



N. C. CORPORATION COMMISSION. 



RECAPITULATION. 

FOR MILEAGE OWNED. 



Capital stock 

Bonds 

Total.. 



Total Amount 
Outstanding. 



$2,000,000.00 
3, 000, 000. 00 
5 , 000, 000. 00 



Apportion- 
ment to 
Railroads. 



$2 , 000, 000. 00 
3, 000, 000. 00 



AMOUNT PER MILE OF LINK. 



Miles. 



5, 000, 000. 00 



271.03 
271.03 
271.03 



Amount. 



$%379'°° 
11,069.00 
18, 448. 00 



COST OF ROAD, EQUIPMENT, AND PERMANENT IMPROVEMENTS 



Total equipment- 
Total construction. 



Grand total cost construction, equip- 
ment, etc 



EXPENDITURES DURING 
YEAR, NOT INCLUDED IN 
OPERATING EXPENSES 



Charged to 

Income 
Account as 
Permanent 
Improve- 
ments 



Charged to 
Construction 

or 
Equipment. 



$20, 122.07 
23. 50 



20, 098. 57 



Total 
Cost to 

June 30, 1900. 



8i49»957-°4 

4, 846, 329. 65 



4, 996, 286. 69 



Total 

Cost to 

June 30, 1899. 



Cost Per 
Mile. 



$170,079.11 J $553.29 
4,846,306.15 17,881.07 



5,016,385.26 



18,434.36 



INCOME ACCOUNT. 





$785. 657. 09 
569,674.41 
















$215,982.68 




1,967.47 




1,967.47 
217,950.15 








1 20, 000. 00 
5. 702. 19 
i9,343-83 
6,173.50 


Deductions from Income— 






















151,219.52 








66, 730. 63 








66, 730. 63 


Deficit on June 30, 1899, [from "General Balance Sheet," 1899 
Report] _____ _ ._- 








21,285.13 
3, 469. 03 












33,407.92 







CAROLINA CENTRAL RAILROAD COMPANY. 
MISCELLANEOUS INCOME. 



293 



Item. 


Gross 
Income. 


Net 

Miscellaneous 

Income. 




$592.01 
i,375.46 












Total 


1,967.47 


1,967.47 



EARNINGS FROM OPERATION- 


State of North Carolina. 




Item. 


Total 
Receipts. 


Deductions, 

Account of 

Repayments, 

etc, 


Actual 
Earnings. 


Passenger — 


$179,416. 11 


1 

1 

1 








Less repayments — 


i,367-45 
429.90 






| 


Total deductions __ __ 


$1,797-35 














$177,618.76 
26,186.76 


Mail ._ .. ___ 






Express _ _ _ 






15,358.56 

2, 566. 00 

317.65 

222,047.73 


Extra baggage and storage. ______ _ 






Other items _ _ _ _ _ 






Total passenger earnings 








557,818.09 




Freight— 

Freight revenue- __ __ _. 










Less repayments — 
Overcharge to shippers 


3,470.57 
6, 742. 80 




Other repayments. __ 






Total deductions ___ _ _ ___ 


10,213.37 




Total freight revenue _ ______ 




547,604.72 

7,866.95 


Other items __ _ . __ . 












Total freight earnings _____ 


555,471.67 
777,519.40 


Total passenger and freight earnings 












Other Earnings from Operation— 

Telegraph companies. _ 


2,412.48 

5, 155- 36 

569.85 






















8,137.69 








Total gross earnings from operation— N.C _ 


785, 657. 09 








Gross earnings from operation — entire line__ 


785,657.09 









294 



N. C CORPORATION COMMISSION. 



OPERATING EXPENSES. 



Item. 



Recapitulation of Expenses — 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings — North Carolina 



Amount. 



$133,010.50 

55,802.87 

349,581.67 

31,279.37 



569,674.41 



72-51 



COMPARATIVE GENERAL BALANCE SHEET. 



JUNE 30, 1899 


ASSETS. 


YEAR 


ENDING JUNE 3C 


. 1900. 


Item. 


Item. 


Increase 


Decrease 


$4,846,306.15 
170,079. 11 


Cost of road__ _ __ _ 


$4,846,329.65 

149, 957- 04 

1. 00 

108,500.00 

75,929-64 

37,483.86 
3^,409.92 


$23.50 




Cost of equipment __ 


$20,122.07 




1. 00 

108, 500. 00 

9,970.48 

26,216.82 




Other permanent improvements 




65,959-i6 

11,267.04. 
82,324.45 




OTHER ASSETS. 






48,914-53 




5, '75,935-9' 


5,251,611. 11 


75,675.20 




LIABILITIES. 

Capital stock _ _ 






2, 000, 000. 00 

3, 000, 000. 00 

143, "'•" 






3, 000, 000. 00 
175,935.91 












32,824.80 


Consolidated mortgage bonds of Wil 
miugton Railway Bridge Co 










5,i75,925-9i 


5,251,611. 11 75,675.20 









CAROLINA CENTRAL RAILROAD COMPANY. 



295 



FREIGHT TRAFFIC MOVEMENT— North Carolina. 



Commodity. 



Products of Agriculture — 

Grain 

Flour 

Hay 

Tobacco 

Cotton 

Ftuit and vegetables 

Products of Animals— 

Live stock 

Other parking house products 

Poultry, game and fish 

Wool 

Hides and leaiher 

Products of Mines— 

Bituminous coal 

Coke 

Ores 

Stone, sand and other like articles. 

Products of Forest— 

Lumber-. 

Manufactures— 

Petroleum and other oils 

Sugar 

Naval s tores 

Iron, pig and bloom 

Iron and s'eel rails 

Other castings and machinery 

Bar and sheet metal , 

Cement, brick and lime 

Agricultural implements 

Wagons, carriages, tools, etc 

Wines, liquors and beers 

Household goods and furniture 

Cotton factory products 

Merchandise — 

Merchandise 



Freight 

Originating 

on this 

Road. 



Whole Tons 

3>6 
257 
139 
1,268 
12,512 
452 

138 
232 
100 
51 
95 



Freight 
Received 

irom Con- 
necting 

Roads and 

other 

Carriers. 



18 
629 



2,488 

179 

4,377 



269 

257 

1,630 

56 
102 
225 
264 
17,544 

67,688 



Whole Tons. 
24,004 
14,940 
4,721 
2, 350 
26,858 
i,542 

1, 3'6 

5,363 

149 

242 

707 

23, 246 

14 

13 

4,718 

64, 728 

8,566 

2,043 

8or 

29,688 

74 

6,373 

1,063 

4,882 

255 

735 

1,524 

1,110 

24,690 

110,795 



Total 
Freight Tonnage. 



Whole Tons. 


Per Cent 


24,320 


■ ... 3-64 


15, 197 


2. 28 


4,860 


• 73 


3,618 


•54 


39, 37o 


5.90 


1,994 


•3° 


1,454 


.22 


5,595 


.84 


249 


.04 


293 


,04 


802 


... 


23, 246 


3.4'i 


14 

3i 

5,347 






.8" 


136,741 


20. 50 


",054 


1.66 


2,222 


.32 


5, "79 


.78 


29,688 


4-44 


74 


.01 


6,642 


I.OC 


1,320 


.20 


6,512 


.98 


3ii 


.05 


837 


. 32 


1,749 


.26 


1,374 


.20 


42, 234 


6.32 


178,483 


26. 7* 



296 



N. C. CORPORATION COMMISSION. 



FREIGHT TRAFFIC MOVEMENT— North Carolina— Continued. 



Commodity. 


Freight 

Originating 

on this 

Road. 


Freight 
Received 

from Con- 
necting 

Roads and 

Other 
Carriers. 


Total 
Freight Tonnage. 


Miscellaneous— 

Other commodities not mentioned above 


Whole Tons. 
51,632 


Whole Tons. 

64, 736 


Whole Tons. 
116,368 


Per Cent. 
17.48 




234,931 


432, 247 


667, 178 










234,931 


432, 247 


667. 178 









TRAFFIC AND MILEAGE STATISTICS— North Carolina. 



Item. 



Column for 
Number 

Passengers, 
Tonnage, 

Car Mileage, 
Number 
Cars, etc. 



Columns for Revenue 
and Rates. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

t 
Number of passengers carried one mile per mile of road. 

Average distance carried — miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings : 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue. 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton— miles 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 



239,312 

8,005,811 

292, 792 

33,453 



667, 178 
42,706,203 
156, 186 
64.01 



Dollars. 



177,618 



547,604 



555,471 
2,031 



Cents 



Mills. 



221 

206 



083 
158 



077 
282 



497 
493 



CAROLINA CENTRAL RAILROAD COMPANY. 



297 



TRAFFIC AND MILEAGE STATISTICS— Continued. 



Item. 



Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile.— 

Income from operation 

Income from operation per mile of road 

Car Mileage, Etc— 

Mileage of passenger cars 

Average number of passenger cars in train 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars — south or west 

Mileage of empty freight cars — north or east 

Mileage of empty freight cars — south or west 

Average number of freight cars in train 

Average number of loaded cars in train 

Average number of empty cars in train 

Average number of tons of freight in train 

Average number of tons of freight in each loaded car. 
Average mileage operated during year 

Train Mileage — 

Mileage of passenger trains 

Mileage of mixed trains 

Mileage of freight trains 

Total train mileage 



Column for 

Number 

Passengers, 

Tonnage, Car 

Mileage. 

Number of 

Cars, etc. 



1,332,755 

.05 
1,698,528 
2, 111,827 
693, 273 
291, i54 
22.70 
17-50 
5.20 
218.00 
11.60 



261,980 

5,042 

307,912 

574, 934 



Columns for Revenue 
and Rates. 



Dollars 

785,657 
2,873 

1 

569, 674 
2,083 



215,982 
789 



Cents 
09 
33 
36 
4i 
43 
99 
68 
90 



Mills. 



902 
651 



784 
085 



298 



N C. CORPORATION COMMISSION. 



Georgia Carolina and Northern Railway Company. 



OFFICERS. 



Title. 


Name. 


Location of Office. 




R.F.Hoke. 


Raleigh, N.C. 
Raleigh, N. C. 




R.F.Hoke _ 




J.S.Williams 


Secretary 


J.M.Sherwood.. _ _ 















PROPERTY LEASED. 

From Monroe, N. C, to Atlanta, Ga , 266. 10 miles. 14. 30 miles in North Carolina 



CAPITAL STOCK. 



Description. 


Number of 

^har^ 
Authorized 


Par Value of 
Shares. 


Total 

Par Value 

Authorized 


Total Amount 

Issued and 

Out-landing. 


Capital stock — common 


17,500 


$100. 00 


$1, 750,000.00 


81, 111,400.00 
500, 000. 00 








Total 


17,500 


100.00 


1,750,000.00 


1,611,400.00 


Manner of Payment 


for Capital Stock 




Total Number 

Sr ares Issued and 

Outstanding. 


Total Cash 
Realized. 






$535, 400. 00 
500,000.00 


preferred 








5,000 


Toti-1 








1, 035, 400. 00 











FUNDED DEBT. 



First mortgage bonds— amount issued — date July, 1889— due 1929. 
Amount outstanding 

Interest at 5 per cent— amount accrued and paid during year 



$5,360,000.00 

5,360,000.0© 

268, 000. 00 



GEORGIA, CAROLINA AND NORTHERN RAILWAY. 



299 



RECAPITULATION. 





Total 
Amount 

Outstanding. 


Apportion- 
ment to 
Railroads. 


AMOUNT PER MILK OF LINE. 


ACCOUNT. 


Miles. 


Amount. 




$1,611,400.00 

■;, 360.000.00 


§1,611, 400. 00 
5, ^6o, 000. 00 


266. 10 

266. TO 


$6, 056. 00 


Bonds 


20, 143.00 


Total 


6,971,400.00 


6,971,400.00 


266 IO 


26, 199.00 





CURRENT ASSETS AND LIABILITIES. 




ASSETS. 






$153, 531.51 


LIABILITIES. 






2, 028. 56 




151,502.95 





COST OP ROAD, EQUIPMENT, AND PERMANENT IMPROVEMENTS. 



Item. 


Expenditures 

During Y<rar 

Charge to 

Construction 01 

Equipment. 


Total Cost to 
June 30, 1899. 


Total Cost to 
June 30, 1900. 


Cost Per 
Mile. 


Equipment — 


$56,151.16 












$89,326.42 
6,384,432.32 




Total equipment. 


56,151.16 
12,4^6.78 


$'45,477-58 
6, 37;»935« 54 


$335.69 
23,992.61 






Grand total cost construction, equip- 


43,654.38 


6,5i7,4i3-i2 


6,473,758.74 


24,328.30 





300 



N. C. CORPORATION COMMISSION. 



INCOME ACCOUNT. 



Income from lease of road . __ . 


«372,589-i4 
1,115.71 
















81,115-71 








373, 704. 85 


Deductions from Income— 


268 


627. 
,000 


00 
00 














268,627.00 








105,077.85 
105,077.85 

395,305.28 

56, 151. 16 

240. 26 


Surplus from operations of year ending June 30, 1900 




Report]. _ __ _ __ . _ _ — _ 
















Deficit on June 30, 1900, [for entry on "General Balance Sheet "] ._ 


346,138.33 







COMPARATIVE GENERAL BALANCE SHEET. 



JUNE 30, 1899. 


ASSETS. 


YEAR ENDING JUNE 30, 1900.' 


Item. 


Item 


Increase. 


Decrease. 


86,371,935.54 

145,477.58 

60,950.44 

395,305.28 




86,384,432.32 

89,326.42 

i53,53i.5i 

346,138.33 


812,496.78 






856, 151. 16 




92,581.07 




49, 1 £6. 95 






6,973,668.84 


6,973,428.58 

1,611,400.00 

5, 360, 000. 00 

2, 028. 58 




240.26 


LIABILITIES. 




1,611,400.00 

5 , 360, 000. 00 

2,268.84 




Funded debt 











240. 26 






6, 973, 668. 84 


6,973,428.58 




240. 26 









GEORGIA, CAROLINA AND NORTHERN RAILWAY. 



301 



Georgia, Carolina and Northern Railway Company — 

Continued. 



Lessee's Report of Operations. 
PROPERTY OPERATED. 





TERMINALS. 


Miles of Line 

for Each 
Road Named. 


NAME 


From— 


To— 




Belt Junction, Ga__ 


Wando, Ga — __. 


8. i a 




Lawrenceville 

Inman Park,Ga _„ 

Union Pass. Station . 
Atlanta, Ga. 


10.33 
266. 10 


Georgia, Carolina and Northern Railway- 


Monroe, N. C 

Wando, Ga - 




Total _ _ 


287.53- 









14.30 miles in North Carolina. 



CURRENT ASSETS AND LIABILITIES. 



ASSETS. 



Due from agents 

Due from solvent companies and individuals 

Net traffic balances due from other companies 

Other cash assets 

Total — cash and current assets 

Balance - current liabilities ._ 

Total 

LIABILITIES. 

Audited vouchers and accounts 

Wages and salaries 

Miscellaneous 

Total— current liabilities 

Total 

Materials and supplies on hand, $25, 190. 83 



Amount. 




$15, 240 


16- 


157,310. 


76- 


21,241. 


37 


3,093.31 


196,885. 


60- 


25, 190. 


83 


222,076. 


43 


24,423. 


72 


24.610 


14 


173.042 


57 


222, 076 


43 


222,076 


43- 



302 



N. Q. CORPORATION COMMISSION. 



EARNINGS FROM OPERATION— North Carolina. 



Item. 


Total 
Receipts 


Deductions, 

Account <<f 

Repayments, 

etc. 


Actual 
Earnings. 


Passenger— 


$230,587.05 

827 49 
1,828.07 






Less repayments— 






Excels fares refunded _ _ . ._ _ ._ _ _ 






Total deductions - 


$2,655.56 














$227,931.49 

38,902.88 

13,869.18 

2,016 31 

482. 29 


Mail -- 
































253,202.15 


Freight — 


827,473-63 












8,423.49 






8.423.49 




















819,0^0. 14 

12?. 95 
















819, 1 7.?. 09 










1,102,375.24 

998.49 

2,7i5-56 
418.34 


Other Earnings from Operation— 


























4, 132.39 










54,993-43 
1,106,507.63 


Total gross earnings fiom operation— entire 













GEORGIA, CAROLINA AND NORTHERN RAILWAY. 



303 



INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Inc >nie from operation 

Miscellaneous income— less expenses 

Income from other sources 

Total income 

Deductions from Income— 

Taxes 

Permanent improvements— one half net balance paid S. & R. 

Other deductions — one-half net balance paid R. & G 

Tctal dtduci ions from income 



$1,106,507.63 
887, 738. 10 



r, 018. 85 



44,698.47 
87,544-95 
87,544.96 



$218,769.53 

1,018.85 
219,7*8.38 



^9, 



5.38 



OPERATING EXPENSES 

Recapitulation of Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings— entire line 

Operating Expenses— State of North Carolina— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

To al l 

Percentage of operating expenses to earnings — North Carolina 



$172, 
43, 
635, 
36, 



908. 59 
410.31 
271.83 
147.37 
,738.io 
80. 22 

1 593- 56 
157- 49 

,567.15 
7T&-74 
114.94 
80.22 



304 



N. C. CORPORATION COMMISSION. 
RENTALS PAID. 



Designation of Property. 


Situation of Property 
Leased. 


Name of Company Owning 
Property Leased. 


Total. 


Tracks— 

Trackage righiS for Pass, 
trains. 

Total 


Wanda, Ga., to Union Pas- 
senger Station, Atlanta. 


N. S.and St. h. Rwy , les- 
sees W. and A 


$5,000.00 
5, 000. 00 

7, 500. 00 


Yards— 




N.C.and St. L. Rwy 






Total 


7, 500. 00 








12,500.00 









TRAFFIC AND MILEAGE STATISTICS.— North Carolina. 



Item. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road- 
Average distance carried— miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 



Column for 
Number 

Passengers, 
Tonnage, 

Car Mileage 

Number of 
Cars, etc 



165, 805 

10,537,328 

37o,342 

63,553 



Columns for Revenue 
and Rates. 



Dollars. 



573,942 
91,693,642 
318,901 
I59-76 



227,931 



283, 202 
9 



819,050 
1 



819, 173 

2,849 

1 



Cents 



Mills. 



470 
163 



333 
474 



963 
P93 



855 
911 



GEORGIA, CAROLINA AND NORTHERN RAILWAY. 



305 



TRAFFIC AND MILEAGE STATISTICS— Continued. 



Item 



Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 

Car Mileage, Etc.— 

Mileage of passenger cars 

Average number of passenger cars in train 

Mileage of loaded freight cars — north or east 

Mileage of loaded freight cars— south or west 

Mileage of empty freight cars— north or east 

Mileage of empty freight cars -south or west 

Average number of freight cars in train 

Average number of loaded cars iu train 

Average number of empty cars in train 

Average number of tons of freight in train ,. 

Average number of tons of freight in each loaded car. 



Column for 
Number 

Passengers, 

Tonnage,Car 

Mileage, 

Number of 
Cars, etc. 



2, 104,248 

5 

4,721,958 

2, 585, 737 

185, 900 

2,021,845 

21.3 
15-7 
5-6 
235 
14. 1 



Columns for Revenue 
and Rates. 



Dollars. 

1, 106,507 

3,848 

1 

887,624 

3,087 



218,883 
761 



Cents 
63 
32 
14 
55 
06 
92 
08 



Mills. 



062- 
964 

761 
222? 



30 r 



20 



306 



N. C. CORPORATION COMMISSION. 



FREIGHT TRAFFIC MOVEMENT- North Carolina. 



Commodity. 



Products of Agriculture— 

Grain 

Flour 

Hay 

Tobacco 

Cotton 

Fruit and vegetables 

Products of Animals— 

Livestock 

Other packing-house products 

Poultry, game and fish 

Wool 

Hides and leather 

Products of Mines - 

Bituminous coal 

Ores 

Stone, sand and other like articles. 

Products of Forest — 

Lumber 

Manufactures— 

Petroleum and other oils 

Sugar 

Naval stores 

Iron, pig and bloom 

Other castings and machinery 

Bar and sheet metal 

Cement, brick and lime 

Agricultural implement? 

Wagons .carriages, tools, etc 

Wines, liquors and beers 

Household goods and furniture 

Cotton factory products 

Merchandise— 

Merchandise 



Freight 

Originating 

on this 

Road. 



Whole Tons 

3,074 

898 

73 

63 

19,669 

314 

2,400 

369 

29 

26 

89 

2,896 
3,807 
34, 259 

3,146 
542 



1,483 
127 

5.591 

146 

300 

749 

1,184 

5,419 



Freight 
Received 

from Con- 
necting 

Roads and 

Other 

Carriers. 



Whole Tons. 
32,57i 
19,424 
6,040 
2,542 
17,211 
2,456 

2,53' 

16, 266 

153 

221 
914 

1 8,444 

11 

2,997 

43,052 

6,212 

3,230 

496 

29, 767 

• 4,457 

i,i55 

5, 526 

141 

606 

2,779 

434 

31,542 

124,738 



Total 
Freight Tonnage. 



Whole Tons. Per Cent. 

35,645 ! 6.21 
20, 322 

6,113 

2,605 

36,880 j 

2,770 : 



4.931 


.86 


16,635 


2.90 


182 


•03 


247 


.04 


1,003 


• 17 


21,340 


3-72 


6,804 


1. 19 


77,311 


13.47 


9, 358 


1.63 


3,772 


.66 


496 


.09 


29. 767 


5.19 


5,940 


1.03 


1,282 


. 22 


11,117 


1.94 


287 


•05 


906 


.16 


3,528 


.61 


1,618 


.28 


36,961 
35, 150 


6.44 
23.55 



DURHAM AND NORTHERN RAILWAY COMPANY. 



307 



FREIGHT TRAFFIC MOVEMENT— Continued. 



Commodity. 


Freight 

Originating 

on this 

Road. 


Freight 
Received 

from Con- 
necting 

Roads and 

Other 

Carriers. 


Total 
Fi eight Tonnage. 


MlSCELL AN EOUS — 

Other commodities not mentioned above 


Whole Tons. 
42,727 


Whole Tons. 

58, 234 

23, 487 

434, 150 


Whole Tons. 
100,961 


Per Cent. 
17.59 




7,563 


31,050 


5.41 








139, 792 


573,942 









Durham and Northern Railway Coropany. 



PROPERTY OPERATED. 
Durham, N.C ,to Henderson, N. C. (miles) 

1 
CAPITAL STOCK 

Number of shares authorized 

Total par value authorized 

Amount issued and outstanding 

Capital stock per mile 

2 per cent dividend declared during year. 



5,000 

$500, 000. 00 

290, 100. 00 

7, 007. 00 



FUNDED DEBT. 

First mortgage bonds — iasued 1888— due 1928. 

Amount issued 

Cash realized 

Rate of interest 6 per cent, payable May aud November. 
Funded debt per mile 



$[50,000.00 
145,264.52 

3,623-00 



30S N. C. CORPORATION COMMISSION. 

COST OP ROAD, EQUIPMENT AND PERMANENT IMPROVEMENTS. 



Total equipment 

Total cost construction 

Total cost construction, equipment, etc. 
Cost per mile 



$23,227.91 

425, 096. 63 

448,324.54. 

10, S29. 09 



CURRENT ASSETS AND LIABILITIES. 



ASSETS 

Due from agents 

Due from solvent companies and individuals 

Total assets 

LIABILITIES. 

Audited vouchers and accounts 

Wages and salaries 

Net traffic balances due to other companies 

Miscellaneous 

Balance— cash assets 

Total 



$2, 499- 95 
51,512.48 
54,012.43 



1,684.66 
2, 636. 60 
5,034-31 
3, 999- 37 
40,657.49 
54,012.43 



INCOME ACCOUNT— Entire Line. 



Gross earnings from operation 

L,ess operating expenses 

Income from operation 

Miscellaneous income— less expenses- 
Income from other sources 

Total income 

Deductions from Income — 

Interest on funded debt accrued- 



Interest on interest-bearing current liabilities accrued, not other- 
wise provided for , 



Taxes 

Other deductions, loss in fuel 

Total deductions from income 

Net income 

Surplus from operations of year ending June 30, 1900 

Surplus on June 30, 1899 [from "General Balance Sheet " 1899 Re- 
port] 



Additions for year 

Deductions for year 

Surplus on June 30, 1900 [for entry on " General Balance Sheet "]. 



$110,488.03 
72,761. 17 



490.55 



9,000.00 

23. 16 
i,859-37 

83.72 



$37, 726. 1 



490.55 



38,217.41 



10, 966. 25 



27,251.16 
27,251.16 

26,274.82 



366. 05 
4, 743- 29 



49,148.74 



DURHAM AND NORTHERN RAILWAY COMPANY. 



309 



EARNINGS FROM OPERATION— North Carolina. 



Passenger— 

Passenger revenue 

Less repayments- 
Tickets redeemed 

Excess fares refunded 

Total deductions 

Total passenger revenue 

Mail 

Express 

Extra baggage and storage 

Other items 

Total passenger earnings 

Freight— 

Freight revenue 

Less repayments — 

Overcharge to shippers 

Other repayments 

Total deductions 

Total freight revenue 

Other items 

Total freight earnings 

Total passenger and freight earnings. 
Other Earnings from Operation— 

Switching charges , 

Telegraph companies 

Rents not otherwise provided for 

Other sources 

Total other earnings 



Total gross earnings from operation— entire 
line 



Total 
Receipts. 



$10,806.40 



95,773.40 



408.82 
i,754.i9 



Deductions, 

Account of 

Repayments, 

etc. 



$13-55 
6.75 



20.30 



2, 163.01 



Actual 
Earnings 



$10,786.10 

1,987.48 

763. 25 

88.71 

27. 12 



13,652.66 



93,610 


39 


217.37 


93, 827. 76 


107, 480 


42 


2,322 


38 


5i 


23 


600 


00 


34 


00 


3,007 


61 



[10,488.03 



310 



N. C. CORPORATION COMMISSION. 



OPERATING EXPENSES 
Item. 

Recapitulation of Expenses— 

Maintenance of way and structures 

Maintenance of equipment ._. 

Conducting transportation 

General expenses 

Grand total 

Percentage of operating expenses to earnings— entire line... 



$16,395.56 

7,596.13 

46,151.50 
2,617.98 



72,761.17 



65.80 





COMPARATIVE GENERAL BALANCE SHEET. 




JUNE 30, 1899. 


ASSETS. 


YEAR ENDING JUNE 30, 1900. 


Item. 


Item. 


Increase. 


Decrease. 


$4i5,75o.44 
26,312.56 

44,361.31 
1,312.50 




$425,096.63 
23,227.91 
54,012.43 

1,766.71 


$9, 346. 19 






$3,084.65 




9,651.12 
454-21 


OTHER ASSETS 

Materials and supplies 




487,736.81 




504,103.68 


16, tf 6. 87 








290, 100. 00 
150,000.00 
21,361.99 


LIABILITIES. 


290,100.00 

150, 000. 00 

13,354.94 

1,500.00 
49, 148. 74 
















8, 007. 05 


Accrued interest on funded debt not 
yet payable 


1,500.00 
22,873.92 


26,274.82 








487,736.81 


504,103,68 


16,366.87 









DURHAM AND NORTHERN RAILWAY COMPANY. 



311 



TRAFFIC AND MILEAGE STATISTICS— North Carolina. 



Column for 

Number 
Passengers, 

Tonnage, 
Car Mileage, 
Number of 

Cars, etc. 



Columns for Revenue 
and Rates. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road- 
Average distance carried (miles) 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Fk eight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings .. I 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 

Car Mileage, F/tc— 

Mileage of passenger cars 

Average number of passenger cars in train 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars— south or west 



16, 789 
381,608 
"9,752 

22,729 



118,235 

4,695,634 

113,421 

39-71 



97, 052 



267, 127 
155,771 



Dollars. 



10, 786 



13.652 

3 



93,610 



93,827 
2,266 

1 

1 10, 488 

2,668 

1 

72,761 

1,757 



37,726 
911 



Cents 



312 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS— Continued. 



Item. 



Car Mileage, Etc.— Continued. 

Mileage of empty freight cars— north or east 

Mileage of empty freight cars — south or west 

Average number of freight cars in train 

Average number of loaded cars in train 

Average number of empty cars in train 

Average number of tons of freight in train 

Average number of tons of freight in each loaded car 

Train Mileage— 

Mileage of passenger trains 

Mileage of mixed trains 

Mileage of freight trains 

Total train mileage 



Column for 
Number 

Passengers, 

Tonnage, Car 

Mileage, 

Number of 
Cars, etc. 



43, 066 
122,563 
10.30 
7.30 
3-oo 
96.00 
13.20 

5,371 
51,332 
33,546 
90, 249 



Columns for Revenue 
and Rates. 



Dollars. 



Cents 



Mills. 



DURHAM AND NORTHERN RAILWAY COMPANY. 



313 



FREIGHT TRAFFIC MANAGEMENT— North Carolina. 



Commodity. 



Freight 

Originating 

on this 

Road. 



Freight Re- 
ceived from 
Connecting 
Roads and 

Other 
Carriers. 



Total Freight 
Tonnage. 



Products of Agriculture— 

Grain 

Flour . 

Hay 

Tobacco 

Cotton 

Fruit and vegetables 

Sumac 

Products of Animals— 

Ivive stock 

Other packing-house products 

Poultry, game and fish 

Wool 

Hides and leather 

Products of Mines — 

Bituminous coal 

Stone, sand and other like articles 

Products of Forest — 

Lumber 

Manufactures— 

Petroleum and other oils 

Sugar 

Naval stores , 

Other castings and machinery 

Bar and sheet metal 

Cement, brick and lime 

Agricultural implements 

Wagons, carriages, tools, etc 

Wines, liquors and beers 

Household goods and furniture 

Cotton factory products 

Merchandise 



Whole Tons. 
153 
92 

53 

12,496 

34 

99 

3 

40 

81 



Miscellaneous : Other commodities not men- 
tioned above 



36 



2,073 

17 
29 



274 
48 
94 
10 
29 

43 

106 

1,411 

1,193 

584 



Whole Tons. 

7,927 

9,149 
2,144 

5,337 
1,953 



127 

1,168 

4i 

15 

36 

37, 052 
188 

10,929 

301 

162 

28 

1,172 

328 

1,099 

78 

242 

329 

105 

501 

16, 177 

2,551 



Whole Tons. 

8,080 
9,241 
2,197 

17,833 

1,987 

187 

3 

167 

1,249 

4i 

15 

72 

37,052 
198 

13,002 

3i8 

191 

28 

1,446 

376 

1,193 

88 

271 

372 

211 

1,912 

17,370 

3, 135 



Total tonnage— North Carolina 
Total tonnage— entire line 



19, 008 



99, 227 



"8,235 



19, 008 



99, 227 



118,235 



Per Cent. 

6.83 

7- 



314 



N. C. CORPORATION COMMISSION, 



Raleigh and Augusta Air-Line Railroad Cornpany. 



PROPERTY OPERATED. 





TERMINALS. 


Miles of 
Line for 


Miles of 
Line for 


NAME. 


From— 


To— 


Each Road Each Class 
Named, j of Roads 
1 Named. 


R.and A.A.L. R. R.Co 

R.and A. A. L. R. R.Co _ 


Raleigh, N.C 

Hamlet, N. C 

Moncure, N.C 

Hamlet, N. C 


Hamlet, N.C 

Gibson, N.C 

Pittsboro, N. C 

Cheraw, S.C 


96.60 
10.13 










106.73 
11.20 
18.20 
















Total. . _ 


'36.13 













CAPITAL STOCK. 



DESCRIPTION 


Number of 
Shares 


Par 
Value of 


Total Par 

Value 
Authorized 


Total 
Amount 
Issued and 
Outstand- 
ing. 


DIVIDENDS DE- 
CLARED DURING 
YEAR. 






Rate. 


Amount 


Capital stock — Common 


8, 736 '. $100.00 


$873, 600 


$873, 600 










Total . 


8, 736 100. 00 


873, 600 


873, 600 












MANNER OF PAYMENT FOR CAPITAL STOCK. 


Total Number 

Shares Issued 

and Outstanding 


Total Cash 
Realized. 


Issued for cash — common _ ________ ___ 


8.7^6 


$873,600.00 








Total. _ . _ __ _ _ _ _ 















RALEIGH AND AUGUSTA AIR-LINE RAILROAD COMPANY. 



315 



FUNDED DEBT. 

MORTGAGE BONDS, MISCELLANEOUS OBLIGATIONS, AND INCOME BONDS. 





TIME. 


Amount of 

Authorized 

Issue. 


Amount 
Issued. 


Amount 
Outstanding. 


Cash Real- 


CLASS OF BOND OR 
OBLIGATION. 


Q 




ized on 

Amount 

Issued. 




1886 


1926 


$ r , 000, 000. 00 


$1,000,000. 00 $1,000,000.00 


$1,000,000.00 




Total 


1,000,000.00 


1 , 000, 000. 00 1 , 000, 000 . 00 















INTEREST. 


CLASS OF BOND OR OBLIGATION. 


Rate. 


When 
Payable. 


Amount Ac- 
crued During 
Year. 


Amount Paid 
During Year. 




6 


Jan. and July 


$60, 000. 00 


$60 , 000. 00 






Total. . .__ _ . 


60, 000. 00 













FUNDED DEBT. 

EQUIPMENT TRUST OBLIGATIONS.— A. General Statement. 



Series or Other 
Designation 


Date of Issue. 


Term. 


« 

s >» 


Equipment Covered. 


Series S. A. I,. C. T. "A" 


March 1,1893 


10 years 


10 


14 locomotives, 4 first-class passengei 
cars, 4 passenger and baggage cars, 
4 mail and express cars, 15 ca- 
booses, 35 stock, 25 box. 


Series S. A. L. C.T."B" 


April 1, 1895 


10 years 


10 


12 passenger and freight locomotives. 


Series S.A.L. C.IV'C" 


April 1,1896 


10 years 


10 


12 locomotives, 175 box, too flats. 


Series S. A. L. C.T. "D" 


Nov'r 1,1897 


20 years 


20 


5 freight locomotives, 2 switch loco- 
motives, 350 box, 150 flats. 



316 



N. C CORPORATION COMMISSION. 



FUNDED DEBT— Continued. 

B. Statement of Amount. 



SERIES OR OTHER 
DESIGNATION. 



One half Series S.A.L.C.T, 
"A" 

One-third Series S. A. I,. C. T 
"B" 

One-third Seiies S.A.L.C.T 
"C" 

One-third Series S.A.L.C.T 
"D" 

Total 



DEFERRED PAYMENTS- 
PRINCIPAL. 



DEFERRED PAYMENTS- 
INTEREST. 



Original 
Amount. 



$125,000.00 
36,666.66 

83, 333. 33 
100, 000. 00 



Amount 

Out- 
standing. 



I Amount Amount 

Original j Accrued Paid 

Amount. During During 

Year. Year. 



837, 500. 00 
18, 333- 34 
50,000.00 
90, 000. 00 



$6,250.00 ; $2,291.67 I $2,500.00 
I, 83'4,33 j 1,054.17 ; 1,100.00 
4,166.66 2,812.49 2,916.66 

4,625.00 



344,999.99 I 195,833.34 



5,000.00 I 4,583.33 
17,249.99 



0,741.66 I 11,141.66 



Rate. 



RECAPITULATION OF FUNDED DEBT. 



CLASS OF DEBT. 



Amount 
Issued. 



Amount 
Outstanding. 



INTEREST. 



Amount Ac- 
crued During 
Year. 



Amount 

Paid 

During Year. 



Mortgage bonds 

Equipment trust obligations 



$1,000,000.00 
i,344,999.oo 



$1,000,000.00 
i,i95,833.34 



$60,000.00 
10,741.66 



$60, 000. 00 
11, 141.66 



CURRENT ASSETS AND LIABILITIES 

ASSETS. 

Due from agents 

Due from solvent companies and individuals 

Net traffic balances due from other companies 

Total— cash and current assets 

Balance— current liabilities 

Total 

LIABILITIES. 

Audited vouchers and accounts 

Wages and salaries _ 

Net traffic balances due to other companies 

Matured interest 

Total current liabilities 

Materials and supplies on hand, $98, 423. 39. 



$4, 869. 78 
173,811.83 
_5.258.03 
183,939-64 
315,406.73 



499, 346. 37 



451,440.33 

16, 042. 27 

1,863.77 

30,000.00 

499,346.37 



RALEIGH AND AUGUSTA AIR-LINE RAILROAD COMPANY. 



317 



RECAPITULATION. 

FOR MILEAGE OWNED. 





Total 

Amount Out 

standing. 


Apportion- 
ment to 
Railroads. 


AMOUNT PER MILE OF LINE. 




Miles. 


Amount. 




$873, 600. 00 

1 , 000, 000. 00 

195,83 .34 


$873, 600. 00 

1 , 000, 000. 00 

i95,833-34 


106. 73 
106. 73 
106. 73 
106. 73 


$8,185.00 
9, 369. 00 
1,835.00 








Total. _ 


2, 069, 433. 34 


2,069,433.34 


19, 389. 00 





B. FOR MILEAGE OPERATED. 



NAME OF ROAD. 


Capital Stock 


Funded Debt. 


Total. 


AMOUNT PER MILE 
OF LINE. 








Miles. 


Amount. 


R.and A.A.L.R. R 


$873, 600. 00 


$1,000,000.00 


$1,873,600.00 


13^ 13 


$13, 763. 00 




873,600.00 


1 , 000, 000. 00 


1,873,600.00 


136. 13 


13,763.00 





COST OP ROAD, EQUIPMENT, AND PERMANENT IMPROVEMENTS. 



Item. 


Expenditures 

During Year, 
Not Included in 

Operating Ex- 
penses,Charged 
to Construction 

or Equipment. 


Total Cost to 
June 30, 1899. 


Total Cost to 
June 30, 1900. 


Cost Per Mile. 
• 




* $31, 704. 65 
22,858.21 


$51,536.09 
1,939,520.02 


$19,831.44 $145-67' 
1,962,378.23 ]4,4i5.47 






Total cost construction, equip- 
ment, etc., North Carolina 


8,846.44 


1,991,056.11 


1,982,209.67 


14,561. 14 



* Depreciation. 



318 



N. C. CORPORATION COMMISSION. 



INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Miscellaneous income — less expenses 

Income from other sources 

Total income 

Deductions from Income— 

Interest on funded debt accrued. __ 



Interest on interest-bearing current liabilities accrued, not other- 
wise provided for 



Interest on C. T. bonds 

Taxes 

Principal paid on C,T , 

Other deductions 

Total deductions from income 

Net income 

Surplus from operations of year ending June 30, iqoo 

Deficit on June 30, 1899 [from "General Balance Sheet," 1899 Re- 
port] 



Additions for year 

Deductions for year 

Surplus on June 30, 1900 [for entry on " General Balance Sheet '']. 



$584,902.13 
384,851.81 



1,810.35 



60, 000. 00 

166. 44 
10,741.66 
13,012.05 
17,250.00 

665.55 



$200,050.32 



,810.35 



201,860.67 



101,835.70 



[00,024.97 



100,024.97 
51,306.47 



3,909.86 
35,490.91 



17,137.45 



RAf,EIG H AND AUGUSTA AIR-LINE RAILROAD COMPANY. 



319 



EARNINGS FROM OPERATION— North Carolina. 



Item. 



Passenger— 

Passenger revenue 

Less repayments- 
Tickets redeemed 

Excess fares refunded 

Total deductions , 

Total passenger revenue 



Mail 



Total 
Receipts. 



$108,951.77 



Deductions, 

Account of 

Repayments, 

etc. 



$285. 34 
324. 64 



609. 98 



Express 

Extra baggage and storage 

Other items 

Total passenger earnings 

Freight— 

Preight revenue 

Less repayments — 

Overcharge to shippers 

Other repayments 1 

Total deductions 

Total freight revenue 

Other items - storage 

Total freight earnings 

Total passenger and freight earnings. 
Other Earnings from Operation— 

Hire of equipment— balance 

Telegraph companies 

Rents not otherwise provided for 

Other sources— demurrage 

Account insurance 

Total other earnings 



Total gross earnings from operation — en- 
tire line 



457,5io.73 



6, 958. 40 

1,891.05 

223.00 

446. 50 

•33 



3,288.94 
11,637.14 
14,926.08 



Actual 
Earnings. 



$108,341.79 

15,875.24 

7,845-35 

479. 26 

168.36 



132,710,00 



442, 584. 65 
88.20 



442,672.85 
575,382.85 



9,519.28 



584,902.13 



320 



N. C. CORPORATION COMMISSION. 



MISCELLANEOUS INCOME. 



Outside rents 

Interest received 
Total 



Gross Income. 



Net Miscellaneous 
Income. 



$1,440.00 
370.35 



81,810.35. 



OPERATING EXPENSES. 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of operating expenses to earnings— entire line __'. 



$83,805.54 
61, 189.85 

219,341.78 
20,514.64 



COMPARATIVE GENERAL BALANCE SHEET. 



JUNE 30, 1899. 




YEAR 


ENDING JUNE 30, I90O. 




ASSETS. 








Item. 




Item. 


Increase. 


Decrease. 


$1,939*520.02 

51,536.09 

3i,454-24 
71,032.45 




$1,962,378. 23 


$22,858.21 






19,831-44 


$31,704.65 








'83,939-64 


112,907. 19 




Other Assets— 




78,973-o7 
29, 458, 58 
51,306.47 


Equipment trusts 

Materials and supplies 


292, 119. 39 








68,964 81 






51,306.47 








2, 253, 280. 92 


2,588,146.33 


334,865.41 




LIABILITIKS. 












873,600.00 


Capital stock 


873, 600. 00 






1,195,833 34 
499,346.37 

2,229. 17 




i95,833-34 
119,665.45 

2,229. l 7 
17,137.45 




379,680.00 






Accrued interest on funded debt not 






Profit and loss . 


17,137-45 








2,253,280.92 


2,588,146.33 


334,865. 41 









KALEIGH AND AUGUSTA AIR-LINE RAILROAD COMPANY. 



321 



TRAFFIC AND MILEAGE STATISTICS— North Carolina. 



Column for I 

Number 

Passengers, ; 

Tonnage Car 

Mileage, 

Number of 

Cars, etc 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile— 

Number of passengers carried one mile per mile of road_. 

Average distance carried _ 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings » 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton 

Total freight revenue (. 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 1 

Income from operation 

Income from operation per mile of road 

Car Mileage, Etc.— 

Mileage of passenger cars 

Average number of passenger cars in train 

•I-. 21 



Columns for Revenue 
and Rates. 





13' 


931 


5 


,344 


,843 




392 


,628 
40.512 



663, 306 
55,279,816 

406,081 

83.34 



947,666 



Dollars. 



108,341 



[32,710 
9 



442,584 



Cents] Mills. 



12,672 
3,251 



655, 158 
4,812 

455,665 
3,347 j 
I 

199,492 j 
1,465 



322 



N. C. CORPORATION COMMISSION 



Item. 


Colnmn for 

Number 

Passengers. 

Tonnage, Car 

Mileage, 

Number of 

Cars etc. 


Columns for Revenue 
and Rates. 


Car Mileage, Etc. — Continued. 


2,412,738 

1,887,823 

265, 765 

861,974 

24.7 
18.3 
6.5 
277 
13-5 

152,074 

30, 540 
243, 127 
425, 741 


Dollars. 


Cents 


Mills. 






-- 






































Average number of tons of freight in train 

Average number of tons of freight in each loaded car 

Train Mileage— 






















Mileage of freight trains 























RALEIGH AND AUGUSTA AIR-LINE RAILROAD COMPANY. 



323 



FREIGHT TRAFFIC MOVEMENT— North Carolina. 



Commodity 



Products of Agriculture— 

Grain 

Flour 

Hay 

Tobacco 

Cotton 

Fruit and vegetables 

Products of Animals— 

Live stock 

Other packing-house products 

Poultry, game and fish 

Wool 

Hides and leather 

Products of Mines— 

Bituminous coal 

Ores 

Stone, sand and other like articles. 

Priiducts of Forest— 

Lumber 

Manufacttjkes- 

Petroleum and oth-^r oils 

Sugar 

Naval stores 

Iron, pig and bloom 

Iron and steel rails 

Other castings and machinery 

Bar and sheet metal 

Cement, brick and lime 

Agricultural implements 

Wagons, carriages, tools, etc 

Wines, liquors and beers 

Household goods and lurniture 

Cotton factory products 

Merchandise 



Freight 

Originating 

on this 

Road. 



Miscellaneous: Other commodities not mentioned 
above 



Total tonnage— North Carolina 
Total tonnage — entire line 



Whole Tons. 
421 

174 

119 

80 

3,337 

607 

237 
122 
26 

4 
60 



224 

50, 694 

1 11 

154 

2,956 



553 

7 

3,97i 

20 

46 

113 

219 

575 

7,950 

3,172 



Freight Re- 
ceived from 
Connecting 

Koads 
and Other 
Carriers. 



Whole Tons. 
20, 428 
14,573 
4,939 
3,626 
21,137 
9,201 

i,i53 

6,966 

120 

210 

655 

29,310 
3i 

4,768 



159.978 

11,692 

2,37o 

4,459 

29,716 

1,259 

6,522 

1,096 

2,930 

265 

554 

i,394 

1,047 

39,492 

143,868 

63, 595 

587, 354 
587,354 



Total 
Freight Tonnage. 



Whole Tons 


Per Cent. 


20,849 


3.14 


14.747 


2.22 


5, 058 


.76 


3,7o6 


.56 


24,474 


369 


9,808 


1.48 


1,390 


.21 


7,088 


1.07 


146 


.02 


214 


.03 


715 


. 11 


29,310 


4.42 


3i 
4,992 




• 75 


210,672 


31.76 


) 1,803 


1.78 


2,524 


.38 


7,4'5 


1. 12 


29,716 


4.48 


1 , 259 


.19 


7,075 


1.07 


1, 103 


.17 


6,901 


1 .04 



285 

600 

1,507 
1,266 

40,067 
15'. 818 

66,767 
663 . 306 



663, 306 



324 



N. C. CORPORATION COMMISSION. 



Raleigh and Gaston Railroad Company 



DIRECTORS. 



Names of Directors. 



E St. John 

J. W.Middendrof 
W.H. Blackford.. 
W. A. Marburg __.. 

W.W. Fuller 

W.C. Stronach ... 



Post-office Address. 



Portsmouth, Va 
Baltimore, Md .. 
Baltimore, Md_. 

New York 

New York 

Raleigh, N.C — 



Date of Expiration 
of Term 



I 

\ November 10, 1900. 



OFFICERS. 



Title 


Name. 


Location of Office. 




J.S.Williams _ 


Richmond, Va. 




E. St. John 








J. H. Sharp- 






ly. R. Watts 






W. W. Chamberlaine 












J.A.Walton 

J, M. Sherwood 

E.St. John . _ _ 














W. W. Gwathney, Jr 






V.D.McBee 

T. W. Whi>nant . 




Division Superintendent 




W. F. Williams 






H. W B. Glover 




General Freight Agent 

Assistant General Freight Agent .„ 


C. R.Capps J___ 

R.T.Cheatham 


Portsmouth, Va. 


I,. S.Allen 











RALEIGH AND GASTON RAILROAD COMPANY. 



325 



PROPERTY OPERATED. 





TERMINALS. 


Miles of Line 

for Each 
Road Named. 


NAME. 


From— 


To- 


i. A. Raleigh and Gaston R. R.Co__ 
B. Roanoke Rapids Branch 




Weldon _ . -_ _ 


96.20 
2.54 


R* anoke Junction 


Roanoke Rapids 


Total 

















CAPITAL STOCK. 



Description. 


Number of 

Shares 
Authorized 


Tar Value of 
Shares. 


Total 
Par Value 
Authorized. 


Total Amount 

Issued and 

Outstanding 




15, 000 


$100.00 


$1,500,000.00 


$1,500,000.00 




Total _ . 


1 5, 000 


100.00 


1,500,000.00 


1 , 500, 000. 00 




Manner of Payment for Capital Stock. 


Total Number 
Shares Issued 

and 
Outstanding. 


Total Cash 
Realized. 




15,000 


$1,500,000.00 




Total. _ 


15,000 


1,500,000.00 









FUNKED DEBT. 
MORTGAGE BONDS, MISCELLANEOUS OBLIGATIONS AND INCOME BONDS. 





TIME 


Amount of 

Authorized 

Issue. 


Amount 
Issued. 


Amount 
Outstanding. 


Cash Realized 

on Amount 

I*sued. 


Class of Bond or 
Obligation. 




11 v 




1897 
1900 


1947 
1950 


$1,500,000.00 
5,000,000.00 


$1,200,000.00 


$ 1 , 200 , 000. CO 


Si, 150,980.00 


First con. mortgage 








Total 


6,500,000.00 


1, 200,000.00 


1 , 200, 000. 00 


1,150,980.00 









CLASS OF BOND OR OBLIGATION. 



INTEREST. 



Rate. 



First mortgage 

First con. mortgage. 
Total. _____!__. 



When 
Payable 



Jan. and July 
Jan. and July. 



Amount 

Accrued 

During Year. 



S75, 000. 00 



Amount 

Paid 

During Year. 



$75,000.00 



326 



N. C CORPORATION COMMISSION 



FUNDED DEBT— Continued. 
EQUIPMENT TRUST OBLIGATIONS— A. General Statement. 



Series or Other Designation. 


Date of 
Issue. 


Term. 
Years. 


No. of 
Pay- 
ments. 


Equipment Covered. 


S. A. L. equipment — Series A 

S. A. L,. equipment— Series B 

S.A.L,. C.T.— Series B 


Jan. i, 1890 

Jan. 1, 1S91 

April 1,1895 
April 1, 1S96 
Nov. 1, 1897 


10 

10 

10 
10 
20 


10 
10 

10 
20 


11 locomotives, 1 superintendent car,3 
M. B. A Exp , 15 cabooses. 4 second- 
class passenger, 4 first class passen- 
ger, 200 box. 

4 locomotives, 4 freight locomotives, 4 
passenger locomotives, 3 passenger 
cars, 5 first-class passenger, 200 box, 
25 coal. 

12 passenger and freight locomotives. 
12 locomotives, 175 box, 100 flats. 

5 freight locomotives, 2 shifting loco- 
motives, 350 box, 150 flats. 


S. A. L.C.T.— Series C 


S. A. L,.C. T.— Series D - . 









B. 


STATEMNNT 


of Amount. 










DEFERREDJAYMENTS- DEFERRED PAYMENTS-INTEREST. 


DESIGNATION. 


Original 
Amount. 


Amount 
Outstand- 
ing. 


Original 
Amount. 


Amount Ac- 
crued Dur- 
ing Year. 


Amount 

Paid During 

Year 


Rate. 


% Series A. S. A. L,. Eq — 

y 2 Series B.S.A.L,.Eq 

Yi S.A.L.C.T.B 

KS.A.L..C.T.C 

^S.A.L.C.T.D 


$125,000.00 
125,000.00 
36,666.66 

83,333.33 
100, 000. 00 


$12,500.00 
18,333-33 
50, 000. 00 
90,000.00 


$6, 250. 00 
6, 250. 00 
1,833.33 
4,166.66 
5 , 000. 00 


\ $1,770. 84 \ 

1,054.16 
2,812.50 
4,583.33 


$625. 00 
1,250.00 
1, 100.00 
2,916.66 
4,625.0 


5 

5 

5 

5 


Total. 


469,999.99 


170,833.33 


23,499-99 


10, 220. 83 


10,516 66 









RECAPITULATION OP FUNDED DEBT. 





Amount 
Issued. 


Amount 
Outstanding. 


INTEREST. 


CLASS OF DEBT. 


Amount Ac- 
crued Dur- 
ing Year. 


Amount 
Paid Dur- 
ing Year. 




$1,200,000.00 
469,999.99 


$1,200,000.00 
170,833-33 


$60, 000. 00 
10, 220. 83 


$60, 00b. bo 
10,516.66 






Total 


1,669,999.99 


1,370,833.33 


70,220.83 


70,516.66 



RALEIGH AND GASTON RAILROAD COMPANY. 



327 



CURRENT ASSETS AND LIABILITIES, 

ASSETS. 

Cash 

Bills receivable 

Due from solvent companies and individuals 

Net traffic balances due from other companies 

Other cash assets (excluding materials and supplies)* 

Total— cash and current assets 

LIABILITIES. 

Loans and bills payable 

Audited vouchers and accounts 

Wages and salaries 

Matured interest coupons unpaid (including coupons due July i) 

Total- current licbilities 

Balance— cash assets 

Total 

♦Materials and supplies on hand, $287, 234. 70, 



$100,000.00 
34,891.30 

[,889,715-15 

66,910.32 

3,068. 74 



2,094,589.51 



100,000.00 

1,637,412.99 

51,114.78 

30, 000. 00 

1,818,527.77 

276,061.74 



2,094,589.51 



RECAPITULATION. 

A. MILEAGE OWNED. 



ACCOUNT. 


Total Amount 
Outstanding. 


Apportion- 
ment to 
Railroads. 


AMOUNT PER MILE OK LINE. 


Miles. 


Amount. 




$ 1, 500, 000. 00 

1, 200, 000. 00 

170,833.33 


$1,500,000.00 

1,200,000.00 

170,833.33 


98.74 
98.74 
98.74 


815,191.00 

12,153.00 

1,730.00 


Bonds 




Total—. 


2,870,833.33 2,870,833.33 


98.74 


29, 074. 00 





B. FOR MILEAGE OPERATED. 



NAME OF ROAD 


Capital 
Stock. 


Funded 
Debt. 


Total. 


AMOUNT PER MILE 
OF LINE. 




Miles 


Amount. 




$1,500,000.00 


$1,200,000.00 


12,700,000.00 


108.74 


$24,8^0.00 





328 



N. C. CORPORATION COMMISSION. 



COST OP ROAD, EQUIPMENT, AND PERMANENT IMPROVEMENTS. 


Item. 


Expenditures 
During Year, 
Not Included 
in Operating 
Expenses, 
Charged to 
Construction 

or 
Equipment. 


Total 

Cost to June 

30, 1899. 


Total 

Cost to June 

30, 1900. 


Cost 
Per Mile. 


Construction— 
Track-laying, surfacing and sidings.. 


$5,264.01 








i,379.3i 

178.89 





























6,822.21 


$1,575,840.99 


$1,582,663.20 








Equipment— 
Equipment inc. as per inventory 


202,726.82 

202,726.82 

6,822.21 
















94, 388. 09 
1,575,840.99 


297,114.91 
1,582,663.20 


$3,009.06 
16,028.59 






Grand total cost construction, 


209, 549. 03 


1,670,229.08 


1,879,778.11 


19,037.65 





INCOME ACCOUNT. 



Gross earnings from operation 

Less operating expenses 

Income from operation 

Miscellaneous income — less expenses 

Income from other sources 

Total income 

Deductions from Income— 

Interest on funded debt 

Interest on interest-bearing current liabilities 

Interest on C. T. bonds 

Rents paid for lease of road 

Taxes 

Loss on fuel . 

Premium on C. T. bonds _ 

Total deductions from income 

Net income 

Surplus from operations of year ending June 30, 1900. 



Surplus on June 39, 1899 [from ' General Balance Sheet," 1899 Re- 
port] _ 



Additions for year i 

Deductions for year. ~-w 

Surplus on June 30, 1900 [for entry on " General Balance Sheet"]. 



$826,481.42 
435,013.12 



101,764.77 



60, 000. 00 
16, 157-56 
10, 220.83 
186,294.57 
23,771.69 
1, 146.60 
23, 500. 00 



$391, 468. 30 

101,764.77 
493,233.07 



321,091.25 
172, 141.82 



172,141.82 



141,350.30 



214,012.15 
51,566.15 



1,475,938.12 



RALEIGH AND GASTON RAILROAD COMPANY. 



329 



EARNINGS FROM OPERATION— State of North Carolina. 



Item. 


Total 
Receipts. 


Deductions, 

Account of 

Repavments, 

etc. 


Actual 
Earnings. 


Passenger— 


$148,645.03 

699. 60 
431-18 






Less repayments - 














$1,130.78 








$147,514. 25 


Mail 






15,556.36 
10, 625. 77 

1,457-55 
282. 48 






























175.436.41 




577,731-40 




Freight— 






3,114.87 
25,939.o6 




Less repayments — 

Overcharge to shippers , 

Other repayments 














29,053.93 










Total freight revenue ___ 




548,677.47 

596. 50 

549,273.97 


Other items. _ .. 















Total passenger and freight earnings 


724,710.38 








Other Earnings from Operation — 


30,971.61 

63, 181.20 

i,4i7.47 

5,573-43 

3-33 


Hire of equipment— balance - _ 












Rents not otherwise provided for . 






Other sources _. _ _ __ 






Demurrage __ _ _ 














Total other earnings 


101,771.04 








Total gross earnings from operation— entire 


826,481.42 









330 



N. C. CORPORATION COMMISSION. 



STOCKS OWNED. 



Name. 


Total Par 
Value. 


Taluation. 






$3, 000. 00 
15,000.00 
1,500.00 
591,510.00 
350,000.00 
163,604.50 
150,000.00 
49, 380. 00 
80,418.70 
67,353.oo 




$15, OOO.ro 

1,500.00 
1,074,000.00 
500, 000. 00 
820, 900. U 
150,000.00 
49, 100.00 
246, 000. 00 
964, 000. 00 
50, 000. 00 
























Total — ._- _ _ 




1,481, 766.20 







BONDS OWNED. 



Name. 


Total Par 
Value. 


Valuation. 


In Treasury — 


$5,000,000.00 


$5, 000, 000. 00 





MISCELLANEOUS INCOME. 



Item. 



Outside rents 

Interest received 

One-half receipts from leases Georgia, Carolina and Northern — 
Total. 

OPERATING EXPENSES 

Recapitulation of Expenses — 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of operating expenses to earnings — entire line__. 



Gross 
Income. 



82,375.00 

11,844.81 

87, 544- 9^ 

101,764.77 



856, 287. 28 
144, 393- 74 
203,778.36 
30,353.74 



435,013.12 



52.60 



RALEIGH AND GASTON RAILROAD COMPANY 



331 



RENTALS PAID 

A. RENTS PAID FOR LEASE OF ROAD. 



Name of Road. 



G. C and N Railway Company. 



Cash. 



$186,294.57 



B RENTS PAID FOR LEASE OF TRACKS, YARDS AND TERMINALS. 



Designation of 
Property. 


Situation of Property 
Leased 


Name of Company Owning 
Property Leased. 

N.C.R.R.Co. . 


Item. 


Terminals — 


Raleigh 


$454- 76 






Total rents — B 


454.76 











COMPARATIVE GENERAL BALANCE SHEET. 




JUNE 30, 1899. 


ASSETS. 


YEAR ENDING JUNE 30, I9OO. 


Item 


Item. 


Increase 


Decrease. 


*ii 575, 840. 99 
94,388.09 


Cost of roa.d i 

Cost of equipment 


$1,582,663. 20 

297,114.91 

1,481,766. .0 

5,000,000 00 

66, 165.05 

2,094,58 ...St 

357,421.90 

287, 234. 70 

11,166,955.47 


$6,822.21 

202, 726. 82 

1,471,766.20 

5, 000, 000. 00 


1 










78,398.17 




$12,233.12 
11,505.16 


2,106,094.67 
166, 869 . 95 






OTHER ASSETS. 

Equipment trusts 

Materials and supplies , 


i9o,55L95 
211,366.57 


75,868.13 








7,059,495.47 






LIABILITIES. 






1, 500, 000. 00 
6,370,833.33 
1,818,527.77 

1,656.25 
1,475,938.12 








Funded debt _ 


5,170,833.33 
1,552.418.07 

1,656.25 

334,587.82 




266, 109. 70 








Accrued interest on funded debt not 




1,141,350.30 


Profit and loss 

Grand total __ __ 










11,166,955.47 


7,059,495.47 











332 



N. C CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS— State of North Carolina. 



Item. 



Passenger Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road. 

Average distance carried 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per miie of road -.- 

Average distance haul of one ton 

Total freight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation - 

Gross earnings from, operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses __. 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 

Car Mileage, Etc— 

Mileage of passenger cars 

Average number of passenger cars in train 

Mileage of loaded freight cars -north or east 

Mileage of loaded freight cars — south or west 



Column for 
Number 

Passengers, 

Tonnage, Car 

Mileage, 

Number of 
Cars, etc. 



158,825 

6, 753, 184 

621,040 

42,520 



716,633 
60, 249, 305 

554, 067 



.07 



907, 266 

2,496,210 
1,982,520 



Columns for Revenue 
and Rates. 



Dollars. 



! 47,5'4 



175,436 
16 



548,677 



549, 273 
5,051 



839, 007 

7,715 
2 

447,54 r 
4,H5 

391,468 
3,600 



Cents 



Mills 



RALEIGH AND GASTON RAILROAD COMPANY. 



333 



TRAFFIC AND MILEAGE STATISTICS— Continued 



Car Mileage, Etc. — Continued. 

Mileage of empty freight cars— north or east 

Mileage of empty freight cars— south or west 

Average number ot freight cars in train 

Average number of loaded cars in train 

Average number of empty cars in train 

Average number of tons of freight in train 

Average number of tons of freight in each loaded car. 

Train Mileage— 

Mileage of passenger trains 

Mileage of mixed trains 

Mileage of freight trains 

Total train mileage 



Column for 

Numbei 

Passengers, 

Tonnage.*, ar 

Mileage 

Number of 

Cars, etc 



211,551 

803, 784 

28.05 

22.07 

5.08 

325 . 00 

13.09 

i49,7n 
12,560 

214,417 
376,688 



Columns for Revenue 
and Rates. 



Dollars 



Cents 



Mills. 



FREIGHT TRAFFIC MOVEMENT. 



Commodity. 



Products of Agriculture— 

Grain 

Flour 

Hay 

Tobacco 

Cotton 

Fruit and vegetables 

Sumac 

Products of Animals— 

Live stock 

Othtr packing-house products- 
Poultry, game and fish 

Wool 

Hides and leather 



Freight 
Originating 
on this Road. 



Whole Tons. 
770 

187 

112 

5,626 

5,088 

361 



400 
218 
56 
47 
: 4 6 



Freight 
Received 
from Connect- 
ing Roads 
and other 
Carriers. 



Whole Tons. 
20,475 
i8, 5 63 
4,127 
12,666 
21,340 
9,272 
3 

i,9i3 

9,075 

345 

219 

646 



Total Freight Tonnage. 



Whole 



To 


vs. 


21, 


'••15 


18 


750 


4, 


2 39 


18 


292 


26 


4.8 


9, 


633 




30 1 


2 


3i. 5 


9 


293 




40 [ 




266 




792 



Per Cent. 

2.96 

2.62 

•59 

2-55 

3.69 

i-34 

.04 

•32 
1.03 

•05 
.04 
. 10 



334 



N. C. CORPORATION COMMISSION. 



FREIGHT TRAFFIC MOVEMENT- Continued 



Commodity. 



Products of Mines— 

Bituminous coal 

Ores_ 

Stone, sand, and other like articles 

Products of Forest— 

Lumber 

Manufactures — 

Petroleum and other oils 

Sugar 

Naval stores 

Iron, pig and bloom 

Iron and steel rails 

Other castings and machinery 

Bar and sheet metal 

Cement, brick, and lime 

Agricultural implements 

Wagons, carriages, tools, etc 

Wines, liquors and beer 

Household goods and furniture 

Cotton factory products 

Merchandise 

Miscellaneous — 

Other commodities not mentioned above- 
Total tonnage— North Carolina 

Total tonnage entire line 



Fr-ight 
Originating 
on this Road. 



Whole Tons 



83 



io,37i 



i6,535 



179 



235 
218 



97 
674 



5,258 
4.56o 



9-343 



65, 256 
65, 256 



Freight 
Received 
from Connect- 
ing Roads 
and other 
Carriers 


Total Freight Tonnage. 


Whole Tons. 


Whole Tons, 


Per Cent. 


43. 078 


43,i6i 


6.02 


28 


28 




5,597 


15,968 


2.23 


170,895 


187,430 


26.15 


13,045 


15, 247 


2.13 


2,735 


2,914 


.42 


6,620 


6,620 


•92 


29, 72S 


29, 750 


4.15 


1,688 


1,688 


.24 


7,630 


7,865 


1. 10 


1, 291 


1,509 


.22 


3,276 


4,04 


.69 


252 


3i3 


.04 


398 


495 


.07 


1,264 


1,938 


.27 


944 


h3*5 


.19 


41,798 


47,056 


6.57 


155,643 


160, 203 


22.36 


66, 823 


:6, 166 


10.63 


651,377 


716,633 


100.00 


651,377 


7i6, 6 s3 


100.00 



SEABOARD AND ROANOKE RAILROAD COMPANY. 



335 



Seaboard ar)d Roanoke Railroad Company. 



DIRECTORS. 



Names of Directors. 


Post-office Address. 


Date of Expiration 
of Term. 


R.C. Hoffman 




1 


J. W. Midd-^ndorf — _ _ 








1 

}> October 2, 1900. 


John Gill,Jr .._ _. 




J.H. Dooley __ 













OFFICERS. 



Title 

Chairman of the Board 

President 

First Vice-President 

Secretary 

Treasurer 

Attorney, or General Counsel 

Comptroller 

Auditor — General 

Auditor — Disbursing 

Auditor — Receipts 

General Manager 

Chief Eugineer 

General Superintendent 

Division Superintendent 

Superintendent of Telegraph 

Traffic Manager 

General Freight Agent 

Assistant General Freight Agent 
General Passenger Agent 



Name. 



J.S.Williams 

J.S.Williams 

E.St. John 

W.W.Chamberlaine 

J.H.Sharp 

L.R. Watts 

W. W.Chamberlaine 

J. B. Martin 

J.A.Walton 

J. M. Sherwood 

E.St. John 

W. W. Gwathney, Jr. 

V.E.McBee 

T.W.Whisnant 

W.F.Williams 

H.W.B. Glover 

C. R.Capps 

R. I.Cheatham 

L.S.Allen 



Location of Office 



Richmond, Va. 
Richmond, Va. 
Portsmouth, Va 
Portsmouth, Va. 
Portsmouth, Va. 
Portsmouth, Va. 
Portsmouth, Va. 
Ponsmouth, Va. 
Portsmouth, Va. 
Portsmouth, Va 
Portsmouth, Va. 
Portsmouth, Va. 
Portsmouth, Va 
Portsmouth, Va 
Portsmouth, Va 
Portsmouth, Va. 
Portsmouth, Va. 
Atlanta, Ga. 
Portsmouth, Va. 



336 



N. C. CORPORATION COMMISSION. 



PROPERTY OPERATED. 





TERMINALS. 


Miles of 

Line for 

Each Road 

Named. 


Miles of Line 
for Each 


NAME. 


From— 


To- 


Class of Roads 
Named. 


iA. Seaboard & Roanoke R.R.Co 


Portsmouth, Va __ 

Boykins, Va 

State Line 


Weldon . _ _ . 


78.6 

2.7 

32.3 




iB. Seaboard & Roanoke R R Co 




Si. 3° 
32.30 


3. Roanoke & Tar River R. R 


Lewiston 


Total. _ 


_ _ 


113.6a 











CAPITAL STOCK. 





Number of 

Shares 
Authorized 


Par Value 
of Shares. 


Total Par 

Value 

Authoiized. 


Total 

Amount 

Issued and 

Outstanding. 


DIVIDENDS DECLAR- 
ED DURING YEAR. 


DESCRIPTION. 


Rate Per 
Cent 


Amount. 


Capital stock— common _ 

preferred . 

second preferred- 


11,44-! 

2, 000 

442 


$100.00 
100.0.; 
100. 00 


{1,500,000. 00 
200, 000. 00 
90,000.00 


$1,144,200.00 
200, 000. 00 
44.200.00 






7 


$14,000.00 
3,094.00 


Total - _ :_ . 


1 s.88/1 


100.00 


1 , 790, 000. 00 


1,388,400.00 




17,094.00 







Manner of Payment for Capital Stock 


Number of 
Shares Issued 
During Year. 


Cash 
Realized on 

Amount 
Issued Dur- 
ing Year. 


Total Number 

Shares 

Issued and 

Outstanding. 


Total Cash 
Realized. 








5, 295 

6,147 
2,442 


♦$517,000.00 
1606,450.00 
t 244, 200.00 






^ 












Total — 






13, 884 


1, 367,65°- 00 









* Entered on books as subscription. 



t Issued in settlement of bonds. 



SEABOARD AND ROANOKE RAILROAD COMPANY. 



337 



FUNDED DEBT. 
MORTGAGE BONDS, MISCELLANEOUS OBLIGATIONS, AND INCOME BONDS. 



CLASS OF BOND OR 
OBLIGATION. 



First mortgage 

Total— 

Mortgage bonds 

Miscellaneous obligat'ns. 
Gtand total 



1886 



p u 

<U 3 



1926 



Amount of 

Authorized 

Issue 



Amount 
Issued. 



$2,500,000.00 < $2,500,000.0;. 



2,500,000.00 • 2, 5c 0,000, CO 
690,000.00 690,000.0c 



3,190,000.00 j 3,190,000.01) 



Amount 
Outstanding. 



$2,500,000.00 



2, 500, 000. 00 
690,000.00 



Cash Real 

ized on 

Amount 

Issued. 



$2,561,183.12 



3, 190,000.00 I 



2,561,183. 12 

690, 000. 00 

3,251,183. 12 



CLASS OF BOND OR OBLIGATION. 



INTEREST. 



Rate 

Per 

Cent. 



First mortgage 

Total— 

Mortgage bonds 

Miscellaneous obligations 
Grand total 



When 
Payable. 



Jan.& July 



Feb. & Aug. 



Amount 

Accrued Dur 

ing Year. 



$ 1 25, 000.00 



1 25, 000 . 00 
41,400.00 



166,400.00 



Amount 
Paid Dur- 
ing Year. 



$125,000.00 



125,000.00 
41,400.00 
166,400.00 



EQUIPMENT TRUST OBLIGATIONS —A. General Statement. 



Series or Other Designation. 


Date of Issue. 


\ 
Term. 


fi 
1* a 

la 


Equipment Covered. 


S. A . L. Eq. Asso , Series A 

S. A. L.Eq.Asso,, Series B.__ 
S. A. L. Car Trust, A 


Jan. 1, 1890 

Jan. 1, 1891 

Mar. 1, 1893 

April 1, 1895 
April 1, 1896 
Nov. 1, 1897 


10 years 

10 years 

10 years 

10 years 
10 years 
20 years 


10 

10 
10 
10 

lO 

20 


11 locomotives, 1 superintendent car, 5 
B. M. <fe Exp., 15 cabooses, 5 second- 
class passenger and express, 4 first- 
class passenger, 200 box. 

4 shifting locomotives, 4 freight loco- 
motives, 4 passenger locomotives, 3 
passenger cars, 5 first-class passen- 
ger cars, 200 box, 25 coal. 

14 locomotives, 1 first-class passenger 
car, 4 passenger and baggage, 4 mail 
and express, 15 cabooses, 35 stock, 2s 
box. 

12 passenger and freight locomotives. 
12 locomotives, 175 box cars, 100 flats. 

5 freight locomotives, 2 shifting loco- 
motives, 350 box, 150 flats. 


S> A. L.Car Trust, B 


S. A. L. Car Ti ust,C 


S. A. L. Car Trust, D 





22 



338 



N C. CORPORATION COMMISSION. 



FUNDED DEBT-Continned. 
B. Statement of Amount 





DEFERRED PAYMENTS — 
PRINCIPAL 


DEFERRED PAYMENTS- 
INTEREST. 


SERIES OR OTHER 
DESIGNATION. 


Original 
Amounl. 


Amount 
Outstanding 


Original 
Amount. 


Amount 

Accrued 

During 

Year 


Amount 

Paid 
During 
Year. 


Rate, 

Per 

Cent. 


% int. in S. A. L. Eq .Series A.__ 
% int. in S. A. L. Eq , Series B _ .. 
% int. in S.A. L.C. T, Series A__ 
y z int. in S. A. L.C. T .Series B- 
% int. in S.A. L.C T., Series C__ 
% int. in S. A. L. C. T , Series D__ 


$125, 000.00 
125,000.00 
125,000.00 
36,666.66 
83,333.33 
] 00, 000. 00 




$6, 250.00 
6, 250. 00 
6, 250. 00 
1,833.33 
4,166.66 
5,000.00 


< $f,77o.8 3 

2,291.66 
1,054.17 
2,812.51 
4,583.34 


$625. 00 
1, 250.00 
2, 500. 00 
1, 100.00 
2,916.68 
4,625.00 


5 
5 
5 
5 
5 
5 


$12,500.00 
37, 500. 00 

18, 33 u 35 
50, 000. 00 
90, 000. 00 


Total 


594. 999- 99 


208,333.35 


29,749-99 


12,512.51 


13,016.68 





RECAPITULATION OP FUNDED DEBT. 



CLASS OF DEBT. 



Mortgage bonds 

Miscellaneous obligat ions .. _. 

Equipment trust obligations 

Total.— 



Amount 
Issued. 



$2,500,000.00 
690, 000. 00 
594,999-99 



3,784,999.99 



Amount 
Outstanding. 



$2, 500, 000. 00 
690, 000. 00 
208, 333. 33 



INTEREST. 



Amount 
Accrued Dur- 
ing Year. 



Amount 

Paid During 

Year. 



3i 398, 333- 33 



$125,000.00 
4 1 , 400. 00 
12,512.51 



$125, 000.0a 
41,400.00 
13,016.18 



178,912.51 



179,416.18 



SEABOARD AND ROANOKE RAILROAD COMPANY. 



339 



CURRENT ASSETS AND LIABILITIES. 



Cash 



Bills receivable 

Due from agents 

Due froni solvent companies and individuals 

Net traffic balances due from other companies 

Other cash assets 

Total— cash and current assets 

LIABILITIES 

Loans and bills payable 

Audited vouchers and accounts : 

Wages and salaries 

Matured interest coupons unpaid 

Miscellaneous 

Total — current liab lities 

Balance— cash assets 

Total 




43, 166.67 

18,673.35 

10,330.93 

62,500.00 

428,442.81 



563,113.76 
502,805. 22 
,065,918.98 



Materials and supplies on hand, $28,003.39. 



RECAPITULATION. 

A. FOR MILEAGE OWNED. 





Total Anfount 
Outstanding. 


Apportion- 
ment to 
Railroads. 


AMOUNT PER 


MILE OF LINE. 




Miles. 


Amount. 


Capital stock 

Bonds 


$1,388,400.00 

3, 190, 000. 00 

208, 333. 35 

4,786,733-35 


$ 1 , 388, 400. 00 

3, 190,000.00 

208, 333 35 


81.3 
81.3 
81.3 
81.3 


$1", 077. 00 
39,237.00 

2, 563. OO 




Total . _. 


4,786,733.35 


58, 877. 00 





B. FOR MILEAGE OPERATED. 



NAME OF ROAD. 


Capital Stock. 


Funded Debt. 


Total. 


AMOUNT PER MILK 
OF LINE. 




Miles. 


Amount. 


Seaboard & Roanoke R.R. Co__ 
Roanoke & Tar River R. R. Co_ 


$1,388,400.00 
51,500 00 


$3, 190,000.00 
260,000.00 


$4,578,400.00 
311, 500.00 


81.3 

32 3 


$56,314.00 
9,644.00 


Total 


1,439,900.00 


3,450,000.00 


4, 889, 900. 00 








"' y -> 



340 



N C. CORPORATION COMMISSION. 



COST OP ROAD, EQUIPMENT, AND PERMANENT IMPROVEMENTS. 



Item. 



Construct ion — 

Engineering 

Right-of-way and station grounds. 

Real estate 

Grading 

Bridges, trestles and culverts 

Ties 



Rails 

Track fastenings 

Frogs and switches 

Track-laying and surfacing 

Fencing right-of-way 

Telegraph lines 

Station buildings and fixtures 

Shops, round-houses and turn-tables 

Shop machinery and tools 

Storage warehouses 

Docks and wharves 

Electric light plants 

Miscellaneous structures 

Interest and discount 

Total construction 



Total equipment. _ 
Total construction 



Expenditures 

During Year 

Charged to 

Construction or 

Equipment. 



$3,80. .00 



Total Cost to 
June 30, 1899. 



3,351-63 



78. 13 



i,736.8i 



23,296.9c 



Grand total cost construction, equip- 
ment, etc 



*6o,65i.oi 
23,296.90 



37,354-n 



$34,318.98 

122,575.00 

402. 473. 20 

450,53i.i3 

245,73^56 

60,579-51 

370,247.39 

587.30 j 

700. 10 

2, 235. 48 



Total Cost to 
June 30, 1900. 



7,890.82 

260, 396. 45 

35,980.61 

2,573-13 

18,568.85 

174,271.68 

',567-55 

662,710.62 : 

36,000.00 ; 



,941.36 I $2,913,238.26 



305,962.99 i 245, 31 r. 98 

2,889,941.36 2,913,238.26 



3,195,904.35 3,158,550.24 



Cost Per 
Mile. 



»35,833-o6 



3,017.36 
35,833-06 

38, 850. 42 



* Deduction. 



SEABOARD AND ROANOKE RAILROAD COMPANY. 



341 



INCOME ACCOUNT - Entire Line. 





$1,124,277.78 
731.895.72 
















$392, 382. 06 




26, 053. 00 
39,062.50 
103,531-55 


















168,647.05 








561,029.11 




166,400.00 
4,381.98 

202, 544. 57 
30,568.32 
43,36i.79 


Deductions from Income— 




























447, 256. 66 








"3,772.45 




17,094.00 


b, / yci tcut y c c. cu bluv. j 




Total. . 




17,094.00 








96,678.45 
1,360,294.33 


Surplus on June 30, 1899, [from "General Balance Sheet," 1899 
Report] _. . .. 










i8,539.4i 
157,673-" 












1,317,839.08 







342 



N. C. CORPORATION COMMISSION. 



EARNINGS FROM OPERATION- State of North Carolina. 



Item. 



Passenger— 

Passenger revenue 

Less repayments- 
Tickets redeemed 

Excess fares refunded 

Other payments 

Total deductions 

Total passenger revenue 

Mail 

Express 

Extra baggage and storage 

Other items 

Total passenger earnings 

Freight— 

Freight revenue 

Less repayments — 

Overcharge to shippers 

Total deductions 

Total freight revenue 

Other items 

Total freight earnings 

Total passenger and freight earnings 

Other Earnings from Operation— 

Switching charges — balance 

Car mileage— balance 

Hire of equipment — balance 

Telegraph companies 

Rents from tracks, yards and terminals 

Rents not otherwise provided for 

Other sources 

Total other earnings 

Total gross earnings from operation — N . C__ 
Gross earnings from operation— entire line. 



Total 
Receipts. 



$117,546.71 



731.23 
316.15 
60.00 



857,466.41 



5,516.46 



Deductions, 

Account of 

Repayments, 

etc. 



Actual 
Earnings. 



$1,107.38 



$116,439.33 

10,712.67 

7,614.84 

919. 28 

229. 36 



5,51646 



13^,915-48 



85i,949-95 
79.67 



852, 029. 62 



987,945.10 



3,284.76 
45,512.58 
50,984.29 

1,251.57 

5, 632. 08 
27,199.92 

2, 467. 48 



136,332.68 



501,427. 



SEABOARD AND ROANOKE RAILROAD COMPANY. 



343 



STOCKS OWNED. 

A. RAILWAY STOCKS. 



Name. 



S.and R. R. Co 

Carolina Southern Railway 

Southeastern and Atlantic 

R. F. and P. R. R. (division obligation) 
Total 



Total 
Par Value 



$300. 00 
3,000.00 
6, 200. 00 



9, 500. 00 



Income 

or D vidends 

Received. 



$49. 00 



49.00 



Valuation. 



$300.00 
3,000.00 
6, 200. 00 



9, 500. 00 



B. OTHER STOCKS 



Name. 


Total 
Par Value. 


Rate. 


Income 

or Dividend 

Received. 


Valuation. 




$152,000.00 
187,600.00 


6 
6 


$9, 1 20. 00 
16,884.00 


$304, 000. 00 
221,870.00 


Old Dominion Steamship Company 


Total 


339, 600. 00 




26, 004. 00 


525, 870. 00 


Grand total— A and B 


349, 100.00 




25, 053. 00 


535,37<>.oo 



BONDS OTNED. 

A. RAILWAY BONDS. 



Name. 


Total 
Par Value. 


Rate. 


Income 

or Interest 

Received. 


Valuation. 






$30, 000. 00 


$510,625.00 




725,000.00 




Total 




1,325,000.00 




39, 062. 50 


T i 235.625. 00 



B. OTHER BONDS. 



National Con. Compress 

Total 

Grand total— A and B 




1,236,425.00 



344 



N. C. CORPORATION COMMISSION. 



RENTALS RECEIVED. 



Designation of Property. 



Tracks— 



Total rents received. 



Situation of Property 
Leased. 



Garys, N.C., to Weldon, N.C. 



Name of Company Owning I tv>+ q i 
P roperty Leased . 1 ota i . 



Petersburg R. R 



$5,632.06 



MISCELLANEOUS INCOME. 



Item. 


Gross 
Income. 


Net 

Miscellaneous 

Income. 




$4, 693. 20 
11,293.40 
87,544-95 


$4, 693. 20 
1 r, 293.40 
87,544.95 








Total 


103,53^.55 


i<>3,53i.55 





OPERATING EXPENSES 

Recapitulation of Expenses— 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Grand total 

Percentage of expenses to earnings— entire line 

Operating Expenses— State of North Carolina — 

Maintenance of way and structures 

Maintenance of equipment 

Conducting transportation 

General expenses 

Total 

Percentage of operating expenses to earnings— North Carolina 



$125,632.84 
i9i,533-oi 
362,802.19 
51,927.68 
731,895.72 
65.1 



56,032.25 

85,432.72 
161,809.78 

23.15i.74 



326,425.49 
65.1 



SEABOARD AND ROANOKE RAILROAD COMPANY. 



345 



RENTALS PAID. 
A. RENTS PAID FOR LEASE OF ROAD. 



Name of Road. 


Cash. 




$16, 250. 00 
186,294.57 
202,544.57 




Total rents— A. 





B. RENTS PAID FOR LEASE OF TRACKS, YARDS AND TERMINALS. 



Designation of Property. 


Situation of Property 
Leased. 


Name of Company Own- 
ing Property Leased. 


Item. 


Tracks— 

Cranford Street 

North Street . . . 


Portsmouth, Va. 

Portsmouth, Va 


City of Portsmouth 

City of Portsmouth 


$2,600.00 
215.00 




Total 


2,815.00 
2 , 000. 04 


Terminals — 

Offices _ 


Various — 


Various 






Total __. 


2 , 000. 04 
4.815.04 


Grand total rents — B._ 













346 



N. C. CORPORATION COMMISSION. 





COMPARATIVE GENERAL BALANCE SHEET. 




JUNE 30, 1899. 


ASSETS. 


YEAR ENDING JUNE 30, I900. 


Item. 


Item. Increase 


Decrease 


$2,889,941.36 

305,962.99 

1,608,765.00 

511,425.00 

46,495.69 


Cost of road_ 


$2,913,238.26 fci.2ofi on 






245,311.98 

535, 370. 00 

1,236,425.00 

46,495.69 

48, 750. 00 




$60,651.01 
1,073,395.00 








725, 000. 00 


Other permanent investments 

75 new box cars 

75 new flat cars 

General investment account 




48. 7<;o. OO 












19, 946. 30 
1,065,918.98 

454,505-68 
28, 003. 29 
25, 377, H 


19,946.30 

594, 852. 36 
236,441.30 




471,066.62 

218,064. 40 
31,685.45 

25.377. "4 






OTHER ASSETS. 






3, 682. 06 












6, 108, 783. 65 


6,669,967.42 


561,183.77 




LIABILITIES. 




1,388,400.00 

3, 190,000.00 

170,089.32 


1,388,400.00 

3,398,333.35 

563,113.76 

2,281.25 

1,317,839.08 








208,333.35 

393,024.44 

2,281.25 








Accrued interest on funded debt not 
yet payable. 




1,360,294.33 


42,455.25 






6,108,783.65 


6,669,967.42 


561,183.77 









SEABOARD AND ROANOKE RAILROAD COMPANY. 



347 



TRAFFIC AND MILEAGE STATISTICS— Entire Line. 



Item. 



Passenghr Traffic— 

Number of passengers carried earning revenue 

Number of passengers carried one mile 

Number of passengers carried one mile per mile of road- 
Average distance carried — miles 

Total passenger revenue 

Average amount received from each passenger 

Average receipts per passenger per mile 

Total passenger earnings 

Passenger earnings per mile of road 

Passenger earnings per train mile 

Freight Traffic— 

Number of tons carried of freight earning revenue 

Number of tons carried one mile 

Number of tons carried one mile per mile of road 

Average distance haul of one ton— miles 

Total ireight revenue 

Average amount received for each ton of freight 

Average receipts per ton per mile 

Total freight earnings t 

Freight earnings per mile of road 

Freight earnings per train mile 

Total Traffic— 

Gross earnings from operation 

Gross earnings from operation per mile of road 

Gross earnings from operation per train mile 

Operating expenses 

Operating expenses per mile of road 

Operating expenses per train mile 

Income from operation 

Income from operation per mile of road 

Car Mileage, Etc— 

Mileage of passenger cars 

Average number of passenger cars in train 

Mileage of loaded freight cars— north or east 

Mileage of loaded freight cars— south or west 



Column for 

Number 
Passengers, 

Tonnage, 

Car Mileage, 

Number 

Cars, etc. 



155, 7^3 

5,631,977 

495, 773 

36, 125 



856,012 

60,102,974 

529, 075 

70.09 



Columns for Revenue 
and Rates. 



694,440 

2,599,78i 
1,335,688 



Dollars. 



116,439 



I35,9i5 
1 1 



851,949 



852,029 

7, 5°o 
4 

,156,992 

10, 184 

3 

764,610 

6,730 

2 

392, 3 8 2 

3,454 



Cents 



Mills. 



95 
99 
01 
62 

26 
34 I 

40 I 

I 

79 ; 

60 I 

34 

72 

38 
06 
06 



348 



N. C. CORPORATION COMMISSION. 



TRAFFIC AND MILEAGE STATISTICS.— Continued. 



Item. 


Column for 
Number 

Passengers, 
Tonnage, 

Car Mileage, 
Number of 
Cars, etc 

49 , 068 
I, 243, 735 

37.08 
26.03 
u.05 
427. 00 
15-07 

127,250 

3L559 
162, 246 


Columns for Revenue 
and Rates. 


Car Mileage, Etc.— Continued. 

Mileage of empty freight cars— north or east 


Dollars 


Cents 


Mills. 










.__ 






















Average number of tons of freight in train 

Average number of tons of freight in each loaded car 

Train Mileage— 

Mileage of passenger trains 








































321,055 













SEABOARD AND ROANOKE RAILROAD COMPANY. 



349 



FREIGHT TRAFFIC MOVEMENT. 



Commodity. 



Products of Agriculture— 

Grain 

Flour 

Hay - 

Tobacco 

Cotton 

Fruit and vegetables 

Sumac 

Products of Animals— 

Live stock 

Other packing house products 

Poultry, game and fish 

Wool 

Hides and leather 

Products of Mines— 

Bituminous coal 

Coke 

Ores s 

Stone, sand and other like articles. 

Products of Forest— 

Lumber 

M anufactures— 

Petroleum and other oils 

Sugar 

Naval stores 

Iron, pig and bloom 

Iron and steel rails 

Other castings and machinery 

Bar and sheet metal 

Cement, brick and lime 

Agricultural implements 

Wagons, carriages, tools, etc 

Wines, liquors and beers 

Household goods and furniture 

Cotton factory products 

Merchandise— 

Merchandise 



Freight 

Originating 

on this 

Road. 



Whole Tons 

L433 
2,779 
1,116 

161 
2,249 
1,502 



Freight 
Received 

lrom Con- 
necting 

Roads and 

other 

Carriers. 



1, 200 
1,958 

258 

5 
'57 



297, 9 6 3 

*53 
i,5>7 



497 
149 

2,934 

87 
126 
3S9 
207 



50,081 



Total 
Freight Tonnage. 



Whole Tons, 

2,730 

4,955 

980 

11,890 

21,970 

1,075 

40 

6'5 
887 
405 
233 
706 

3,90-' 

174 

30 

15,4^ 

157, 19* 

13,33' 

545 J 
6, 288 I 
29, 79 j J 

6, i S3 

1, 245 

9' 

5.5' 

1, 1 1 1 

886 

47,375 

74, 9' 5 



Whole Tons 

4, 1 £3 
7,734 
2,096 
12,051 
24,219 
2, 577 
40 

1,815 

1,945 
663 
238 
863 

9,88i 



Per Cent. 

.47 

.90 

•25 
1. 41 

2.83 
•30 



'74 


.02 


3° 




15,432 


1.80 


455, '63 


53-17 


14, 184 


1.66 


2,062 


.24 


6, 288 


• 74 


29, 79-' 


'3.48 


327 


.04 


6,680 


•79 


721 


.09 


4, '79 


.48 


178 


.02 


277 


• 03 


1,500 


• '7 


1,093 


• 13 


48, 1 4 


5.61 


124,986 


14.60 



350 



N. C. CORPORATION COMMISSION. 



FREIGHT TRAFFIC MOVEMENT— Continued. 



Commodity. 



Freight 

Originating 

on this 

Road. 



Miscellaneous— 

Other commodities not mentioned above 

Total tonnage— North Carolina 

Total tonnage— entire line 



Freight 
Received 

from Con- 
necting 

Roads and 

Other 

Carriers. 



Total 
Freight Tonnage. 



Whole Tons 

43-437 


Whole Tons. 

33, 205 


Whole Tons. 

76,642 


Per Cent. 

8-95 


188,386 


198,531 


386.917 


45. 20 


416,783 


4o9, 229 


856,012 


100.00 



MILEAGE. 
B. MILEAGE OF LINE OPERATED BY STATES. 





LINE REPRESENTED BY 
CAPITAL STOCK. 


Line 

Operated 

Under 

Lease. 

32. 30 


Total 
Miieage 
Operated. 

50.70 
62.90 


RAILS. 






SEATE OR TERRITORY. 


Main Line. 


Branches 
and Spurs. 


Steel. 




18.40 
60. 20 


50.70 
62.90 




2.70 






Total mileage operated (single tiack)— 


78.70 


2.70 


32.30 


113.60 


113.60 



C. MILEAGE OF LINE OWNED BY STATES. 



STATE OR TERRITORY. 



North Carolina 

Virginia 

Total mileage owned (single track) 



LINE REPRESENTED BY 
CAPITAL STOCK. 



Main Line 



18.40 
60. 20 



78.60 



Branches 
and Spurs 



Total 
Mileage 
Owned. 



18.40 
62.90 



Si. 30 j 



Steel. 



18.40 
62.90 



81.30 



ASHEVILLE AND BILTMORE STREET RAILWAY COMPANY. 



351 



STREET RAILWAY COMPANIES 



Asbeville and Biltmore Street Railway and Transportation 

Company. 



DIRECTORS 

Name. 

W, F. Weaver 

T. F. Davidson 

H. B. Williamson 

J. H.Lange 



Post-office Address. 



Asheville, N.C. 
Asheville,N.C. 
Asheville, N.C. 
Asheville, N. C. 



OFFICERS. 



Title. 


Name. 


Post-office Address. 




4 
W. F. Weaver 

W. B. Williamson 










C. E.Wadden. 


Asheville, N.C 









PROPERTY OPERATED. 

Through Asheville, Victoria and Kenilworth. 

length of main track (miles) 

Sidings and switches 

Total mileage, including sidings and switches 

Mileage within corporate limits 

-Mileage outside corporate limits 

System of electric motive power in use— overhead trolley. 
Motive power — electricity. 



3% 



3tt 



352 



N C. CORPORATION COMMISSION. 



CAPITAL STOCK 

Capital stock authorized 

Capital stock issued and outstanding 

Number of shares issued and outstanding 

Number of stockholders 



$ 


IOO 


000 


0©' 




25 


000 


00 

25c 

6- 



FUNDED DEBT. 



Description. 



First mortgage bonds, 6 per cent. 



Amount. 



$35 , 000. oc 



GENERAL EXHIBIT FOR THE YEAR. 



Gross income from operation 

Operating expenses 

Net income from operation 

Miscellaneous Income— 

Gross income above operating expenses 

Deductions from Income— 

General expense account, $1,560. 12 

Repairs, $2, 335. 74 

Interest on funded debt 

Taxes - 

Total deductions from income 

Net income 

Surplus for year ending June 30, 1899 

Total surplus for year ending June 30,1900- 



$16, 790. 58 
8,807.62 



3,795-86 

2, 285. 72 
431.06 



87, 98?. 96 
7, 982. 96' 



6.512.64 



.47<~32 
780.65 



2,250.97 



EQUIPMENT OWNED. 



Box passenger cars equipped for the electric power.- 
Open passenger cars equipped for the electric power. 

Total passenger cars— all kinds 

Trailers 

Electnc motors 



ASHEVILLE STREET RAILWAY COMPANY. 
VOLUME OP TRAFFIC. 



353 



Number of passengers carried during year 

Number of passengers carried per mile of track operated. 
Number of car miles run 



335, 8n 
95, 946 

91,980 



ACCIDENTS TO PERSONS. 
Injured 

(Mortorman, leg broken in collision May n, 1900). 



Asheville Street Railroad Con)pany. 



DIRECTORS. 

Name. 

W. A. White 

A.M.White ^ 

Frank Lyman 

W. H. Male 

J.E. Rankin 

F.A.Sandley 



Address. 



New York City. 
New York City. 
New York City. 
New York City. 
Asheville, N.C. 
Asheville, N.C. 



OFFICERS. 



Title. 


Name. 


Address. 




J. E. Rankin__ 


Asheville, N. C. 
New York City. 
New York City. ' 
Asheville, N.C. 




White 






Superintendent. _ _ . ___ __ 


R.J.Sherrill _ __ 







354 



N. C. CORPORATION COMMISSION. 



PROPERTY OPERATED. 

Town of Asheville. 

Total mileage, including sidings and switches 

Mileage within corporate limits 

Mileage outside corporate limits 



M 

X 



GENERAL EXHIBIT FOR THE YEAR. 



Gross income from operations- 
Operating expenses 

Net income from operation. 



$45,548.38 
44,423. <M 



$1,125.34 



EARNINGS AND EXPENSES OP OPERATION. 



Karnings from Operation— 

Receipts from passengers carried 

Receipts from express 

Receipts from sale of current 

Receipts from advertising in cars 

Miscellaneous receipts 

Gross income from operation 

Maintenance of Roadway and Buildings- 

General expenses 

Transportation 

Maintenance of way and buildings 

Maintenance of equipment 

Total operating expenses 



$38, 788. 10 

1, 2C0. 00 
3,214.68 

24O. OO 

2, IO5.69 



15,379-09 

18,845.87 
5,474-21 
4,723.87 



I45, 548. 38 



EQUIPMENT OWNED 

Box passenger cars equipped for the electric power 

Open passenger cars equipped for the electric power 

Total passenger cars, all kinds 

Trailers 



INTER-MONTANE ELECTRIC RAILWAY COMPANY 

VOLUME OF TRAFFIC. 

Number of passengers carried during year 

Number of passengers carried per mile cf track operated , 

Number of car miles run 

Average number of persons employed 



355 



775, 762 

"9,348 

235,612 

50 



Inter-Montane Electric Railway Company. 



Date of Organization— February 15,1895. 
Reference to Charter — General Assembly North Carolina, 1895. 



DIRECTORS. 



Name. 



J. S. Adams 

J. Sneed Adams 

E. R. Bliss 

J. L. McKittrick 

George Gillette 



Post-office Address. 



Asheville.N.C. 
Asheville, N.C. 
Chicago, 
Chicago, 
Chicago. 



OFFICERS. 



Title. 


Name. 


Post-office Address. 






Asheville, N.C. 
Chicago. 

Asheville, N.C. 




J. L,. McKittrick 









PROPERTY OPERATED. 



Asheville, N.C, to Pearson's Bridge, Montford. 
Length of main track (miles) 

Total mileage, including sidings and switches 



2% 



35(J 



N. C. CORPORATION COMMISSION. 



CAPITAL STOCK. 

Capital stock authorized 

Capital stock issued and outstanding 

Number of shares issued and outstanding 

Number of stockholders 



$ 20,000.0© 

20, 000. ©e> 

20© 

5 



FUNDED DEBT. 

Description — 

Assumed bonds, secured by deed of trust, covering all rights, privileges and franchises, road bed. 
rolling stock, equipment, etc. 



GENERAL EXHIBIT FOB, THE YEAR. 



Gross income from operations 
Operating expenses 



18,349.70 
8,349-7o 



EARNINGS AND EXPENSES OF OPERATION. 



Earnings from Operation— 

Receipts from passengers 

Expenses of Operation— 

Salaries of general officers and clerks 

General office expenses and supplies 

Insurance 

Maintenance of Roadway and Buildings— 

Repair of road-bed and track 

Repairs of buildings 

Repairs of electric line constrviction 

Maintenance of equipment 

Repairs of cars 

Transportation Expenses— 

Cost of electric motive power 



Wages and compensation of persons employed in conducting 
transportation. 

Sundries 

Total operating expenses 



$1,800. 00 
140. 00 

46. 88 

596.61 
50.00 
250. 00 
850. 00 
600.00 

2, 279. 50 

1 , 588. 40 
148.31 



.$8,349.70 



$8,349.70 



CHARLOTTE ELECTRIC RAILWAY COMPANY. 
EQUIPMENT OWNED. 



357 



Box passenger cars equipped for the electric power 

Open passenger cars equipped for the electric power 

VOLUME OP TRAFFIC 

Number of passengers carried during year 

Number of passengers carried per mile of track operated 

Number of round trips run 

Number of car miles run 

Average number of persons employed 



Number. 



173, 128 

69,251 

9,859 

49, 2 95 

6 



Charlotte Electric Railway, Ligbt and Power Company. 



DIRECTORS 

Name. » 

E.D. Latta 

E.B Springs 

jj. L.Chambers 

M.A.Bland 

F. B. McDowell 



Post-office Address. 



Charlotte, N. C. 
Charlotte, N. C. 
Charlotte, N.C. 
Charlotte, N.C. 
Charlotte, N.C. 



OFFICERS. 



Title. 


Name. 


Post-office Address. 




K.D.Latta _ . ___ __ 


Charlotte, N.C. 






Charlotte, N.C. 
Charlotte, N.C. 




E.D. Latta — _ _ 






Charlotte N C. 









358 



N. C. CORPORATION COMMISSION. 



PROPERTY OPERATED. 

Charlotte, N.C. 

Total mileage, including sidings and switches 

Mileage within corporate limits 

Mileage outside corporate limits 

System of electric motive power in use— General Electric Company 
Motive power— electricity. 



1% 
3 3 /i 



CAPITAL STOCK. 



Capital stock issued and outstanding. 



$60, 000. 00 



FUNDED DEBT. 



Description. 



Bonds- 



$100, 000. o» 



GENERAL EXHIBIT 


FOR THE 


YEAR. 








$35,181.40 
19, 186. 09 




















$i5,995-3i 


Deductions from Income — 


5,000.00 




















5, 000. 00 












10,995.31 







CHARLOTTE ELECTRIC RAILWAY COMPANY. 



359 



EARNINGS AND EXPENSES OF OPERATION. 



Earnings from Operation— 

Receipts from passengers carried 

Expenses of Operation— 

Salaries of general officers and clerks 

Insurance 

Maintenance of Roadway and Buildings— 

Repair of road-bed and track 

Repairs of electric line construction 

Transportation Expenses— 

Cost of electric motive power 



Wages and compensation of persons employed in conducting 
transportation , . 1 



Other transportation expenses- 
Total operation expenses. 



$1,381 


99 


404 


86 


486. 70 


947.95 


5,927 


17 


5,472 


63 


4,564 


79 



835,181.40 



19, 186. 09 



EQUIPMENT OWNED 

Box passenger cars equipped for the electric power ^__ 

Open passenger cars equipped for the electric power 

Total passenger cars — all kinds 

Electric motors 



VOLUME OF TRAFFIC 

Number of passengers carried during year 

Number of passengers carried per mile of track operated 

Number of round trips run 

Number of car miles run 



788,087 
"2,583 
37, 000 
220, 000 



ACCIDENTS TO PERSONS. 
Injured J 

(Woman jumped from car, awarded $2,500 damages). 



360 



N. C. CORPORATION COMMISSION. 



Pinehurst Electric Railway Compaoy- 



OFFICERS. 



Title. 



President 

Secretary 

Superintendent 



Jas. W. Tufts . 

L. Tufts 

C. D. Benbow 



Post-office Address- 



Boston, Mass. 
Boston, Mass. 
Pinehurst, N.C. 



PROPERTY OPERATED. 
Pinehurst to Southern Pines and extensions 



7 miles. 



GENERAL EXHIBIT FOR THE TEAR. 



Gross earnings > 

Operating expenses and maintenance of way 



$3,986.07 
6,372.22 



VOLUME OF TRAFFIC. 



Number of passengers carried during year. 
Number of round trips 



16,866 
900 



RALEIGH ELECTRIC RAILWAY COMPANY. 



361 



Raleigh Electric Railway Con)par)y. 



Date of organization, July 9, 1894. 

Reference to charter : Sections 697 and 698 of the Code; deed, The Raleigh Electric Company; Acts 
of Assembly 1881, ch. 83; 1887, ch. 46, and 1889, ch. 160. 



DIRECTORS. 



Name. 



John H. McAden 

James H. Cutler 

Julius Lewis 

V. E). Turner 

Alf. A. Thompson 

A.B. Andrews 

Wm. J. Andrews 



Address. 



Charlotte, N.C. 
Boston, Mass. 
Raleigh, N.C. 
Raleigh, N.C. 
Raleigh, N.C. 
Raleigh, N.C. 
Raleigh, N.C. 



OFFICERS. 



Title. 


Name. 




Wm. J . Andrews 

Chas. C. Johnson 

F. H. Briggs 

Chas. C.Johnson 











Address. 



Raleigh, N.C. 
Raleigh, N.C. 
Raleigh, N.C. 
Raleigh, N.C. 



362 



N C. CORPORATION COMMISSION. 



PROPERTY OPERATED. 

Raleigh, N.C. 

Total mileage, including sidings and switches (about) 

Mileage within corporate limits 

Mileage outside corporate limits 

System of electric motive power in use— General Electric Company. 
Motive power— steam. 



AH- 

3 



CAPITAL STOCK 

Capital stock, authorized 

Capital stock issued and outstanding 

Number of shares issued and outstanding 

Number of stockholders 



$75, ooo. oo 
58, 800. 00 



FUNDED DEBT. 



Description 



1 5° 5-3° gold bonds, $500 each. 



$75, 000. 00 



GENERAL EXHIBIT FOR THE YEAR. 



Gross income from operation 

Operating expenses 

Net income from operation 

Surplus for year ending April 30,1900. 
Deficiency April 30, 1899 

Total deficiency June 30, 1900 



$18,293.52 
18, 054. 65 



$238. 87 



238.87 
4,132.44 
3,893.57 



WILMINGTON STREET RAILWAY COMPANY. 



363 



EARNINGS AND EXPENSES OP OPERATION. 



Earnings from Operation— 

Receipts from passengers carried 

Receipts from advertising in cars 

Gross income from operation 

Expenses of Operation— 

Salaries of general officers and clerks 

General office expenses and supplies 

L,egal expenses 

Insurance and taxes 

Interest and discount 

Maintenance of Roadway and Buildings- 

Repairof road bed and track 

Repair of buildings 

Repairs of electric line construction 

Maintenance of equipment 

Repairs of cars 

Transportation Expenses— 

Care of cars 

Cost of electric motive power 



Wages and compensation of persons employed in conducting 
transportation 

Damages for injuries to persons 

Other transportation expenses 1 

Total operating expenses 



154-07 
139.45 



635.89 
367.19 

30.00 
516.58 
,771-H 

1 049. 54 

43-00 

247.77 

442.33 

,112.88 

437.32 
,942.21 

,771.18 

57.06 

630. 56 



EQUIPMENT OWNED. 



Box passenger cars equipped for the electric power __. 
Open passenger cars equipped for the electric power _ 
Other passenger cars equipped for the electric power. 
Electric motors 



VOLUME OF TRAFFIC. 



Number of passengers carried during year, including transfers. 
Number of passengers carried per mile of track operated 



-364 



N. C. CORPORATION COMMISSION. 



Wilmington Street Railway Company. 





OFFICERS. 




Title. 


Name. 


Address. 


President 


H. A. Whiting 




Secretary-Treasurer _. _ _ 


J . W. Martenis _ 






A. B. Skelding 


Wilmington, N.C. 







PROPERTY OPERATED. 



Wilmington, N. C. 

Length of main track 

Mileage within corporate limits . 



4.65 



.65 



CAPITAL STOCK. 



Capital stock authorized 

Capital stock issued and outstanding- 



$400, 000. 00 
200.000.00 



GENERAL EXHIBIT FOR THE YEAR 





$47,145.35 

31,359-77 
















$15,785.58 


Deductions from Income — 


9, 732. 94 
1,650.59 


Taxes _. _ _'_ __ 












",383.53 








4,402.05 







WINSTON-SALEM RAILWAY AND ELECTRIC COMPANY. 
EQUIPMENT OWNED. 



365- 



Box passenger cars equipped for the electric power- 
Open passenger cars equipped for the electric power. 

Total passenger cars, all kinds 

Trailers 



VOLUME OF TRAFFIC. 



Number of passengers carried during year. 
Average number of persons employed 



30 



Winston-Salen) Railway aod Electric Company, 



Date of organization, February 9, 1891. 
Reference to charter.— Ratified by special Act of General Assembly of North Carolina Jan. 24,1891. 

DIRECTORS. 






Name. 

\ 


Post-office Address. 


H. E. Fries _ — - __. - 


Winston, N. C. 


W. A.Whitaker . __. 


Winston, N.C. 


H. W. Fries . •. ___ 


Winston, N.C. 


F. F.Gray __ __ - - __ _ _ . 


Winston, N.C. 


J. W. Fries __ _ _______ __ __..__ 


Winston, N.C. 


W.A.Blair __ _ 


Winston, N.C. 




Winston, N.C. 


F. C.Brown _ _ __ __ _ _ _ __ _ _ 


Winston, N.C. 




Winston, N.C. 


W.S.Wilson _ _ _ _ _ 


Winston, N.C. 


W.M.Nissen _ ..__ _ _ 


Winston, N.C 


J.A.Vance _ _ _ 


Winston, N.C. 




Winston, N.C. 


C.B.Watson. . _ _ _ 


Winston, N.C. 


R. B. Haines, Jr 


Philadelphia, Pa. 







366 



N. C. CORPORATION COMMISSION. 



OFFICERS. 

Name 

H.K. Fries 

B.J.Pfohl 

B.J. Pfohl 

F A. Barr 



Title 

President 

Secretary 

Treasurer 

Manager 



Post-office Address. 



Winston, N.C. 
Winston, N.C. 
Winston, N.C. 
Wins on, N.C. 



PROPERTY OPERATED. 

Winston-Salem , N. C. 

Length of main track (miles) 

Sidings and switches (miles) 

Total mileage, including sidings and switches 

Mileage within corporate limits 

Mileage outside corporate limits 

System of electric motive power in use — alternating current for lights and motors 
Motive power — direct current for street railway. 



5. oo 
.20' 



8.20 
4.07 
4.13 



CAPITAL STOCK. 

Capital stock authorized 

Capital stock Issued and outstandiug 

Number of shares issued and outstanding 

Number of stockholders 



3250 


000. OO 


25°, 


000. 00 




1,500 




16 



FUNDED DEBT. 



Description. 



Forty years, 5 per cent bonds- 



$250 , 000 . 00 



WINSTON-SALEM RAILWAY AND ELECTKIC COMPANY. 



367 



GENERAL EXHIBIT FOR THE YEAR. 



Gross income from operation 

Operating expenses 

Net income from operation 

Miscellaneous Income — 

Total income from other sources than operation. 

Gross income above operating experses 

Deductions from Income — 

Interest on funded debt 

Taxes 

Total deductions from income 

Deficit 

Deficit for year ending June 30, 1900 

Deficit for year ending June 30, 1899 

Deficit for year ending June 30, 1900 



$38, 783. 14 
27,828.51 



12,500.00 

750. 17 



$10,954.63 

310.61 
11,265.24 



[3,250.17 



1,984-93 
1,984.93 

24,680.86 



26, 665. 79 



EARNINGS AND EXPENSES OF OPERATION. 



Earnings from Operation — 

Receipts from passengers carried 

Receipts from freight hauled 

Receipts from electric street lighting 

Receipts from electric lights (residences). _ 

Receipts from advertising in cars 

Miscellaneous receipts 

Gross income from operation 

Expenses of Operation— 

Salaries of general officers and clerks 

General office expenses and supplies 

Legal expenses 

Insurance 

Maintenance of Roadway and Buildings- 

Repair of road-bed and track 

Repairs of electric line construction 

Maintenance of equipment 

Repairs of cars 

Transportation Expenses — 

Cos-t of electric motive power 



Wages and compensation of persons employed in conducting 
transportation 



Damages for injuries to persons. 

Other transportation expenses 

Total operating expenses 



$17, 
1, 
6, 

12, 



644. 77 
960. 32 
674. 08 
410.97 
93.00 
310.61 



4,023.67 

427-85 
75.00 
239. 06 

480. 36 
1,009. 0I 
2, 294. 60 
2,095. 12 

9, 230. 13 

6,342.70 

327-19 
1,283.82 



39, 093. 75 



27,828.51 



368 



N. C. CORPORATION COMMISSION. 



EQUIPMENT OWNED 

Box passenger cars equipped for the electric power 

Open passenger cars equipped for the electric power 

Other freight cars equipped for the electric power 

Total passenger cars— all kinds 

Trailers 



VOLUME OP TRAFFIC. 

Number of passengers carried during year 

Number of passengers carried per mile of track operated 

Number of round trips run 

Number of car miles run 

Average number of persons employed 



479, 699 
58,00© 

59,329 
215,304 

45- 



ATLANTIC POSTAL TELEGHAPH COMPANY. 



3»>9 



TELEGRAPH COMPANIES 



Western Union Telegraph Company. 



OFFICERS 



Title. 


Name. 


Location of Office 




Thomas Eckert 


New York City. 
Richmond, Va. 


Superintendent Southern Division 


J. B.Tree- - - 







Date of incorporation, April 2, 1851. Incorporated under act of April 12,1848, New York Statutes. 



PROPERTY OPERATED. 



United States and to Great Britain - poles and cables (miles) 

Total length of lines 

Miles of pole-line in North Carolina 

Miles of wire in excess of one wire 



Capital stock j 897,340,800.00 

Funded debt '■ 1, 190,500. 00 

Gross earnings— North Carolina 136. 760.00 

Expenses (including taxes)— North Carolina j 121,147.22 



190,614 



9°4< 633 
3. i77.o> 

9. *54- 86 



Atlantic Postal Telegraph Cable Company. 



OFFICERS 







life 


Name 


Location of Offict- 




t 




\lbei t B. Chandler 

William H Baker 


New Yoik. 
New York. 


General 


Manager 











24 



370 



N. C. CORPORATION O »MMISSION. 



PROPERTY OPERATED. 



Washington, D.C Birmingham, A'a. 

Raleigh, N.C Durham, N.C. 

Raleigh, N.C Winston, N.C. 

Raleigh, N. C _. Concord, N. C. 

Raleigh, N.C j Charlotte, N. C 

Fayetteville, N.C ! Wilmington, N. C. 



Gibson, N.C — 
Petersburg, Va 

Augusta, Ga 

Augusta, Ga 



Bennettsville.S. C 
Norfolk, Va. 
Savannah, Ga. 
Charleston, S.C. 



Miles of pole line 

Miles of wire in excess of one wire- 
Capital stock 

Gross earnings— North Carolina 

Expenses 



539-75 
1,623.1$ 

$50, OOO. 09 

2,355-7® 
7,49o.93 



Carthage Telegraph Coropany 



PROPERTY OPERATED. 
Cameron to Carthage (miles) 

General Manager W.C. Petty, Carthage. 



CAPITAL STOCK. 



Capital stock 

Cost of line 

Gross earnings 

Expenses 

Net earnings . 



$200. o* 
200.00 
520.35 
432.01 



88.34 



LOUISBURG TELEGRAPH COMPANY. 



371 



Pittsboro and Moncure Telegrapb Company. 



PROPERTY OPERATED. 
Pittsboro to Moncure (miles) 

Owners W.L. London & Son, Pittsboro. 



EARNINGS AND EXPENSES. 



Gross earnings 

Expenses 

Net earnings. 



$196.56 
48.07 



148.49 



Louisburg Telegraph Company. 



OFFICERS. 



Title. 


Name 


Location of Office. 




L,. J. Cheatham 






E.J.Cheatham __ _ . 











PROPERTY OPERATED. 



Franklinton to Louisburg (miles). 



EARNINGS AND EXPENSES. 



Gross earnings 

Expenses 

Net earnings. 



$460.25 
278.20 



182.05 



372 



N. C. CORPORATION COMMISSION. 



Lenoir and Blowing RocK Telegrapb Company. 



OFFICERS. 



Title. 


Name. 


location of Office. 




S.F.Harper 




General Manager 


G.T.Harper _ __ 









PROPERTY OPERATED. 



l,enoir to Blowing Rock (tniles)- 



Elizabeth City and Norfolk Telegraph Company 



officers. 



Title. 



President 
Agent 



Name. 



Charles Guirkin. 
J. D. Sykes 



Location of Office. 

Elizabeth City, N.C. 
Elizabeth City, N.C. 



Eden ton to Norfolk (miles). 



PROPERTY OPERATED. 



CAPITAL STOCK. 



Capital stock 

Cost of line 

Gross; earnings 

Expenses 

Net earnings 



$3, 200. 00 

3 , 200. 00 

1 , 940. CO 

952.50 



9B7-50 



SOUTHERN BELL TELEPHONE AND TELEGRAPH COMPANY. 373 



Wiln)ington and Southport Telegrapb Line. 



Owner - r J. T. Harper, Southport, N.C. 



PROPERTY OPERATED. 



Wilmington to Southport (miles). 



3<> 



EARNINGS AND EXPENSES. 



Gross earnings 

Expenses 

Net earnings . 



$1,181.29 
693.20 



488.09 



Southern Bell Telephone and Telegraph Corr>pany. 



OFFICERS. 



Title. 



President 

Secretary and Treasurer 

General Manager 

Manager Southern Division 



Name. 



Edward J. Hall—. 

D. I. Carson 

Charles H.Wilson. 
M. B. Spiers 



Location of Office. 



New York, N. Y. 
New York,N.Y. 
New York.N. Y. 
Charlotte, N.C. 



PROPERTY OPERATED. 



Capital stock 

Total length of lines (miles) 

Total length of lines— North Carolina. 



$1,000,000.00 

36,000 

ii35o 



374 



N. C. CORPORATION COMMISSION. 



The Interstate Telephone and Telegraph Company. 







OFFICERS. 




Title. 


Name. 


location of Office. 






I,. A.Carr __ _ __ 


Durham, N. C. 




J. S. Carr 

W.W.Shaw 


Durham, N.C. 




Durham, N.C. 









PROPERTY OPERATED. 



Capital stock 

Total length of lines (miles)_ 



$100,000.00 
105 



TELEPHONE COMPANIES. 



375 



Telephone Companies, 



Name of Company. 



Albemarle Telephone Company 

American Telephone and Telegraph Company 

Ashboro Telephone Company 

Battleboro Telephone Company 

Bessemer Telephone Company 

Boone and Wilkesboro Telephone Company 

Burke County Telephone Company 

Camden Telephone Company 

Carolina Telephone and Telegraph Company 

Catawba Telephone Company 

Concord Telephone Company 

Dunn and Lillington Telephone Company 

EJdenton Telephone Company 

Elizabeth City Telephone Company 

Gastonia Telephone Company 

Greenville Telephone Company 

Henderson Telephone Company 

Interstate Telephone and Telegraph Company 

Lexington Telephone Company 

Lumberton Telephone Company 

Marion Telephone Company 

Mebane-Ridgeville Telephone Company 

Mocksville Telephone Company 

Pamilco and Beaufort Telephone Company 

Pee Dee News Transit Company 

Pittsboro and Moncure Telegraph Line 

Rutherfordton Telephone Company 

Salisbury Telephone Company 

Southern Bell Telephone and Telegraph Company. 



Location of Office. 



Albemarle, N. C. 
New York , N. Y. 
Ashboro N.C. 
Battleboro, N. C. 
Bessemer City, N. C. 
Horton,N.C. 
Morga n ton , N. C. 
Camden, N.C. 
Tarboro, N. C. 
Catawba, N.C. 
Concord, N.C. 
Dunn, N.C. 
Edenton,N.C. 
Elizabeth City, N.C. 
Gastonia, N.C. 
Greenville, N.C. 
Henderson, N.C. 
Durham, N.C. 
Lexington, N.C. 
Lumberton,N. C. 
Marion, N.C. 
Corbett.N.C. 
Mocksville, N.C. 
Aurora, N.C. 
Wadesboro.N. C. 
Pittsboro, N. C. 
Rutherfordton, N.C. 
Salisbury, N. C. 
New York, N. Y. 



376 



N. C CORPORATION COMMISSION 



TELEPHONE COMPANIES— Continued 
Name of Company. 

Statesville Telephone Company 

Thomasville Telephone Company 

Tyrrell County Telephone Company 

Washington and Hyde County Telephone Company 

Wilkesboro Telephone Company 

Wilson and Carolina Telephone and Telegraph Company 

Burlington Telephone Company 

Branning Manufacturing Company's Telephone 

Oak Ridge and Stokesdale Telephone Company 

Pinetown Telephone Company 

Randleman Telephone Company 

Reidsville Telephone Company 

Rockingham Telephone Company 



Refrigerator Companies. 



Location of Office. 



Statesville, N.C. 
Thomasville, N.C. 
Columbia, N.C. 
Pantego,N.C. 
N. Wilkesboro, N. C. 
Wilson, N.C. 
Graham, N.C. 
Edenton,N.C. 
Oak Ridge, N.C. 
Pinetown, N.C. 
Randleman, N.C. 
Reidsville, N.C. 
Rockingham, N.C. 



Name of Company 

American Refrigerator Transit Company 

Anglo-American Refrigerator Car Company 

Merchant's Dispatch Transportation Company- 
Union Refrigerator Transit Company 

Cudahy Packing Company 

Plankinton Packing Company 



Location of Office. 



St. Louis, Mo. 
Chicago, 111. 
New York, N. Y. 
St. Louis, Mo. 
South Omaha, Neb. 
Milwaukee, Wis. 



SOUTHERN EXPRESS COMPANY 



377 



The Pullman Company 



OFFICERS. 



Title. 



President 

Secretary 

General Counsel- 
Assistant Counsel . 



Name. 



Robert T.Lincoln-_ 
A. S. Weisenheiraer 

J ;hn S.Runnels 

L. E. McPherson 



Location of Office. 



Chicago, II!. 
Chicago, 111. 
Chicago, 111. 
Chicago ,111. 



Capital stock 

Total length of line over which cars are run (miles). 
Length of line in North Carolina (miles) 



$19,299,800 

154,399 

1,278 



Southern Express Company. 



OFFICERS. 



Title. 


Name. 


Location of Office. 


Vice-President and General Manager 


M.J. O'Brien- _ _ _ 




M. F. Plant 








Chattanooga, Tenn . 
Charlotte, N. C 




W. J. Croswell 




O.M.Sadler 


Charlotte, N. C. 









EARNINGS— North Carolina. 



Receipts 

Less railroad companies charges 
Share of charges 

Expenses 

Income from operation 



8138, 453- 22 
62,303.95 



$76, 149. 27 

67.759-49 

8,389.78 



378 



N. C. CORPORATION COMMISSION. 



BanKs, Officers, and Capital StocK- 



Name of Bank. 

State Banks 

Bank of Alamance 

Bank of Chapel Hill 

Bank of Edenton 

Bank of Enfield 

Bank of Fayetteville 

Bank of Fremont 

Bank of Granville 

Bank of Greene* 

Bank of Greenville 

Bank of Kinston 

Bank of Laurinburg 

Bank of Leaksville 

Bank of Littleton 

Bank of Lumberton 

Bank of Madison 

Bank of Maxlon 

Bank of Mooresville 

Bank of Mount Olive 

Bank of Murphv 

Bank of North Wilkesboro 

Bank of Pee Dee 

Bank of Plymouth 

Bank of Randleman 

Bank of Randolph 

Bank of Reidsville 

Bank of Rocky Mount 

Bank of Sampson* 

Bank of Smithfield 

Bank of Spring hope 

Bank of Tarboro 

Bank of Thomasville 

* Proposed. 











Location. 


President. 


Cashier. 


Capital 
Stock. 


Graham.. 


E.M.Armfield___ 


Charles A.Scott 


$5 , ooo. oo 


Chapel Hill 


J.S.Carr 


S.T. Peace 


2,500.0a 




Julian Wood 


George P. Folk 

W. H. McDonald 


25, 000. 00 

7, 500. 00 

184, 200. 00 


Enfield 


Fayetteville 


H.W.Lilly 


J.C.Haigh 




J. T. Hooks 

E.T.White 


Cutlar Lee 


12,500.00 
30, 000. 00 


Oxford 


H. G. Cooper 


Snow Hill 


George W.Sugg.- 


J. A. Canfield 




Greenville 


R. L.Davis 


James L. Little 


25 , 000. 00 






R.C. Strong 

Thos. J. Gill 


21,000.00 
20,000 00 


Laurinburg 


A.L.James 


Leaksville 


W.R.Walker 


A.E.Millner 


10,000.00 


Littleton 


J.H.Harrison 


W.L.Powell 


6,975.00 


Lumberton 


A.W. McLean 


C.B. Townsend ___ 


20,000.00 


Madison 


J. M. Galloway _.- 


J.O. Ragsdale 


10, 000. 00 




W.J.Edwards 

S. C Rankin 


T 0. Evans 




Mooresville 


Clarence McNeely - 


15, 000. 00 


Mcunt Olive 


H.J.Pope 


M.T. Brezeale 


12,500,00 




R.H.Hyatt 

J.E.Finley 


W. C. Kenyon 

R. W.Gwynn 




N'rth Wilkesboro- 


20, 000. 00 


Rockingham 


T.C.Leak 


W. L. Parsons 


24, 950. 00 


Plymouth 


W. T. Old 


Clarence Latham __ 


12,500.00 




S. Bryant 

O.R.Cox 


T. H. Cole 


4, 225. 00 

16,000.00 


Asheboro 


J 

W. J. Armfield, Jr __ 




P. B. Johnson 

Thos. H. Battle __ 




50, 000. 00 
25, 000. 00 


Rocky Mount 


L.F.Tillery 




L.A. Bethune 

Allen K. Smith..- 




15,000.00 
25, 000. 00 


Smithfield 


Jno. O. Ellington— 


Springhope 


J.C. Braswell 


J.S.Gorhatn 


10, 000. 00 


Taiboro - 


J. L. Shackleford _ 
E. M. Armfield 


Jo. J. Green 

J. L. Armfield 




Thomasville 


6,500.00 



BANKS, OFFICERS, AND CAPITAL STOCK. 



379 



BANKS, OFFICERS, AND CAPITAL STOCK— Continued. 



Name of Bank. 


Location. 


President. 


Cashier. 


Capital 
Stock. 


State Banks. 












Washington 


Seth Bridgman _. 
E.B.Borden- __. 


Thos. J. Latham 

W.E.Borden 






125,000.00 
40, 000. 00 


Bank of Waynesville 


Waynesville 


Aided Howell 


T. C. Skinner 


Bank of Weldon 


Weldon 


W.E.Daniel 

J. P. Sawyer 

T.D.England 

J.A.Davidson 


W.R.Smith 

J.E.Rankin 

J.W. McMinn 

J.C.Staley 




Battery Park Bank 


Asheville 




Brevard Banking Company- 
Burlington Banking Co 




15,000.00 
10,000.00 


Burlington 






W.J. Edwards 


S. P. Hatch 


15,000.00 


nett Bank 




Citizens Bank 


Elizabeth City .__ 


O.M.Mullan 


M.R. Griffin 


25, 000. 00 




Henderson 

New Bern 

Reidsville 


J.B.Owen 

T.A.Green 

H.R.Scott 

W.A.Conley 

J.J.Thomas 


W.A.Hunt 

H . M. Groves 

L.R. Watt 


45, 000. 00 






50,000.00 


Commercial Bank _ _ 


George I. White 


Commercial and Farmers 
Bank. 


Raleigh 


B. S. Jerman 


100, 000. 00 


Davis & Wiley Bank 


Salisbury 


Theo. F. Kluttz— 


O.D.Davis 




Farmers and Merchants Bank 


Louisburg 


Wm. Bailey 


W. J. Byerly 


20, 000. 00 


Farmers and Merchants Bank 


New Bern 


L.F. Cutler 


T.W.Dewey 


75, 000. 00 


Fidelity Bank- 




B.N. Duke 


John F.Wiley 

W.E.Allen 




Greensboro I,oan and Trust 


Greensboro 


J.W. Fry 




Company. 












J. A. Hurdle 

Q. E. Rauls 


R.L. Walker 


3, 700. 00 
158, 000. 00 


Morehead Banking Co 


Durham 


E.C.Murray 


Mutual Aid Banking Co 


New Bern 


C.C Roach 


John H. Fisher 


780. 92 


Pamlico Banking and Insur- 


Tarboro _ 


H. L.Staton 


Job Cobb 


33,396.00 


ance Company. 








O. P. Heath 


W. C. Wolfe 


41, 100.00 
40, 000. 00 
16,000.00 






J.A.Long 

G.O.Key 


J. S. Bradsher 

J.A.Stone 


Pilot Bank and Trust Co 


Pilot Mountain— 


Planters Bank _ _ __ 


Rocky Mount 


J.C.Braswell 


W. P. Hamilton 


25 , 000. 00 


Southern Loan and Trust Co _ 


Greensboro 


E.P.Wharton 


R. G.Vaughan 


25, 000. 00 


State Bank of Commerce 


Hendersonville— 


Geo. H.P.Cole ___ 


J. A.Maddrey 


30 , 000. 00 


Wachovia Loan and Trust Co 


Winston _ _ ._ 


F.H. Fries- _ . 


H. F.Shaffner 


200,000.00 


Private Banks. 












Carthage '— __ 


J. O. Black 

L.J. Best 


Wm. Hayes 

J. W.Purdie 

J.H Beall . 






125,000.00 






G. W. F. Harper- 






W.E.Grigg 

J.G.Godard 




Bank of Martin County 


Williamston 




5,000.00 



380 



N. C. CORPORATION COMMISSION. 



BANKS, OFFICERS AND CAPITAL STOCK— Continued. 



Name of Bank. 



Private Banks. 

Bank of Red Springs 

Bank of Rutherfordton 

Bank of Youngsville 

Blanton,B.& Co., Bankers 

Branch Banking Co 

Buchanan, S. H., Banker 

Clayton Banking Co 

Commercial Bank 

Commercial Bank 

Dime Bank 

Elm City Bank 

Finch, Richardson & Co., 
Bankers. 

Gardner <fe JefTress, Bankers.. 

Gastonia Banking Co 

Geyer, Charles T. & Sons, 
Bankers. 

Gillam & Lyon, Bankers 

Hertford Banking Co 

Kings Mountain Bank 

Loftin, S. H., Banker 

Merchants and Farmers Bank 

Rouse Bros 

Scotland Neck Bank 

Shuford's Bank 

Savings Banks 

Cabarrus Savings Bank 

Citizens' Savings Bank 

Guardian Security, Trust and 
Deposit Co 

Mechanics Dime Savings 
Bank. 

People's Five -Cent Savings 
Bank. 

Piedmont Savings Bank 

Raleigh Savings Bank 

Salisbury Savings Bank 

Wilmington Savings and 
Trust Co 



Location. 



Red Springs 

Kutherfordton 

Youngsville 

bhelby 

Wilson 

Jonesboro 

Clayton 

Lenoir 

Rutherfordton 

Kinston 

Elm City 

Spring Hope __ 



Warrenton 

Gastonia 

Southern Pines— . 

Windsor 

Hertford 

Kings Mountain. 

Kinston 

Dunn 

LaGrange 

Scotland Neck 

Newton 



President. 



Concord and Al- 
bemarle 

Durham 

Wilmington 



Raleigh 

Greensboro 



Winston 

Raleigh 

Salisbury 

Wilmington. 



W. H. McDonald. 

D.F. Morrow 

J.B Perry 

Chas.C. Blanton__ 

H.G.Connor 

S. H. Buchanan 

Ashley Home 

T. J.Lutz 

T.B.Twitty 

Chas. F.Dunn 

John L.Bailey—. 



Cashier. 



W.H. Morrow- 
W.G.Riddick. 



J.C Hales. 



C. M.Thomas 
Otis P.Lutz _. 
J. F. Flock 



E. O. McGowan 



Russell E.Geyer__ 



J.Elmer White- 

F. Dilling 

S.H.Loftin 

E.F.Young 



A. McDowell _ 
A. A. Shu ford . 



D.F.Cannon. 



J. S. Carr 

H.C. McQueen _.. 

Chas. E. Johnson. 

J.W.Scott 



D.H.King 

John T. Pullen- 
Lee S. Overman. 
J.W.Norwood.— 



J.M.Gardner . 
Jno. F.Love... 
Wm.T.Gever 



L.R. Hagood 

H.C. V.Peebles 

V.L.Stephens 

Jas. E. Carraway _ 
Frank P. Shields- 
A. H.Crowell 



James C.Gibson 

W. H.Oakey 

F.W.Dick 



B. R.Lacy 

James A. Hodgiu. 



L.W.Pegram 

James O. Litchlord. 

W.F. Snider 

C.E.Taylor, Jr 



Capital 
Stock. 



$15, 000. o« 
10,000.00 
4,000.00 
25, 000. 00 
50, 000. 00 
15,000.00 
10,000.00 
10,000.00 
9,684.58 



10,000.00 

20, 000. o© 

1,000.0© 

4 , 000 . 00 
3,000.00 
5,000.00 



20,500.00 
4, 500. 00 
5,000.00 

12,000.00 

25, 00c. 00 

20,432.97 
29,375.oo 

15, 000. 00 



5, 000. o© 
15,000.00 

35,000.00 

25, 000. 00 

















Employees and Daily Average Compensation 


















St.t.on Agents 


Chelation 


1 


Conductors. 


T.5SS. 


— ' — 


Shopmen 


PoreuZ 




^sajsr 


SSSS 


Krofees. 




Name of Road. 


No. 


«Sff 


No 


Wage.. 


No. 

::: 
5 


ssrk 


XT 


„6 


«sr 


No 


Wages." 


No. 


«a K .';.' 
82.46 


265 


«sr 


No 


Wn^s' 


No. 


'wig.'-:!' 


,2 4 s 
935 

130 


Wagef N ° 


«5T 


N ° Wages.' 


2, 


w:;::r 




Atlantic Coast Line Railroad 


::; 


si.37 


555 


*:« 


81.25 


3.46 


48 


:;: 


: 


...57 


463 
230 


Dt.iS 


30 
5 


:.;: 


So. 74 1 U7 


„.., 


*Z 


S.6S3 


«,.„».,. *..-...« . m »- 


;:; J :::: 










Carolina C.ntral. 


" ■•* 














.60 


. .88 









7" 



















24 




18 .84 


- 


:i: 


** 


::: ;; : 


> 




46 


.a? 


75 


2.54 


18 


..98 


„ 


..63 


15 


z 


• 


.82 


:: ::: 


■ 1 


/;; 




.:» 


..393 


Bateijjh and Augusta.-. — - 


"7 


..50 
.96 


574 


M^L-LAN^S RO.DS- 


"'"::: ; 


■ »3 


; 


:" 






3. .40 


Aberdeen and Uccklish 






"° 


M5 


:; 










5 


,.00 


.02 


Abtrdeen and Ashboro 


9 


.S3 


1 


* 




■' 


.89 


■" 


230 






Ra e.gh and cape Pear 


3 




] 




, 9i 


? 




















2 S 


L """ ,,B ' 




































' 5 




29 


ta *... i ^. 


' 


,:!„ 


.» 


,„ 


..38 


' 


2.48 


■; 


.75 




3 25 


" 


1.48 


• S3 




:: 


■ 


::; 


: 


* 




.... 


•65 


,28 


Kgypi 
























-' 


•7 




5 


.40 


> 


.34 


■ 


.'.« 


' 




,.60 


3 


'.» 








Transylvan.n Kadway 




..22 


' 


.95 








,44 


4 


.65 












Lald "' 1 ' No " hcr " 


























30 


Atlanta. K.n.xiille and Northern 






46 




"I 


■•" 


,! ,;» 


- 




» 


,'." 














'< 


..54 


• 


.84 


"} 


- 


i 


I:: 


' 








34 M5 


38 


,, 


S4 


..52 


56 


...4 


..47 




N f Ik IS Ither 


5.5 











" 


1.87 


3- 1.98 


,6 


I.92 


s 


:: 










, 


..25 


' 


'.« 


, ( 


.75 
.80 








..39 






2... 


Norfolk and Western 


; 


.33 










, 


.93 


25 








2 


*..o 


3 


-0 








Moore County 








225 


14 


Suffolk and Carolina 


> 


'::; 




.58 


; 


*.» 


1 -S8 


' 


1-79 


' 


,.00 












""""""" 


..... 


..30 


3 


.85 


■ 


2.8S 




.•25 






' 


'•* 






..... 












22 




..... 




' 






W,ln„„ 8 .„n se.coas, 


- 




1 











.:... 





.•37 


..58 




..... 


;; 


..... 


•» 


40 


-*« """" - ~- •■- 




I 


...so 


4 


.03 


' 


>« 




Two 





























































Reports of the Condition of the State, Private and 
Savings Banks, at the Close of Business on 
September 5, 1900, as Appears from 
the Reports Filed in the 
Office of the Com- 
mission. 



382 



N. C. CORPORATION COMMISSION. 



BANK OF ALAMANCE, GRAHAM. 



E. M. Armfield, President. 



Chas, A. Scott, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premiurn on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



LIABILITIES. 



I20.731.17 j Capital stock paid in 

5. 12 Surplus fund 

j Undivided profits 

1 Dividends unpaid- 

Notes and bills rediscounted— 

Bills payable 

580. 00 j Time certificates of deposit 

! Deposits subject to check 

Demand certificates of deposit. 

8,725.38 ! Due to banks and bankers 

355.07 I Cashier's checks outstanding-. 
1, coo. 00 j Certified checks 



1,042.92 
2, 150.00 



Total ! 34,589.66 



Total. 



$5,000.00 
250.0* 
254- 62 



28,854.09 



130.9* 
100. 05 



34,589.66 



BANK OP CHAPEL HILL. 



J. S.Carr, President. 




S.T. Peace, Cashier. 


RESOURCES. 


j. 14, 234.99 


LIABILITIES. 


$2, 500. 00 






United States bonds. _ ___ 






323. 03 


























Banking house, furniture and fixtures- 


955 35 






Deposits subject to check 










7,3^1.37 
1, 187. 70 


Due to banks and bankers 

Cashier's checks outstanding 












Silver coin, including all minor coin 1 


Total 




National bank notes and other U.S. I 










23,73Q-4> 




Total 


23,739-41 







BANK OP EDENTON. 



Julian Wood, President. 



Geo. P. Folk, Cashier 



resources. 

Loans and discounts $62,727.68 

Overdralts 1 445-99 

United states bonds 

North Carolina State bonds 1,000.00 

All other stocks, bonds and mortgages- 16,500.00 

Premium on bonds I 500.00 

Banking house, furniture and fixtures. 3,600.00 

All other real estate owned 

Demand loans 

Due from banks and bankers 25, 027. 17 

Cash items 44.51 

Gold coin 777-50 

Silver coin, including all minor coin 

currency 2,712.56 

National bank notes and other U.S. 

notes 4, 149. 00 

Revenue stamps 



Total. 



117,484.41 



liabilities. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted— 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding- 
Certified checks 



Total. 



$25,000.00 
7, 000. 00 
1,233.24- 



83,866.23 



23s. 72 
149. 22 



17,484.41 



REPORT ON CONDITION OF STATE BANKS 



383 



BANK OF ENFIELD. 



George B.Curtis, President. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bonds-. 

Banking house, furniture and fixtures. 

All other real estate owned _. 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 1 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



$55,i53-3i 
95.15 



2, 000. 00 



333-Si 



7, 200. 88 

915.61 

1,895.00 

610.23 

1,614.00 
211.00 



Total. 



70,028.99 



W. H . McDonald, Cashier. 



LIABILITIES. 



Capital stock paid in____- — 
Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of d: posit 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding — 
Certified checks 



$7,500. (-0 



3,420.38 



58,501.42 



606.69 



70,028.99 



BANK OF FAYETTEVILLE. 



H. W. Lilly, President. 



J.C. Haigh, Cashier. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due fom banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



246,770. 
2,700. 



3, 000. 

18,627. 

495- 

9.050. 
11,033. 



74,179. 
1 055. 
8,477- 



Total. 



5,352.50 
12,914.00 



393,655-4: 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted-— 
Bills payable 

Time certificates of deposit 

Deposits subject to check ,__. 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding _. 
Certified checks 



Total. 



§184,200.00 



12,621.71 



194,196.91 



1,840.15 
796. 68 



393, 655. 45 



BANK OF GRANVILLE, OXFORD 



E. T. White, President. 



H.G.Cooper, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



$105,460 09 
3,561.03 



Total 169,496.99 



37, 043- 6" 
404.82 



10,142.33 
12,785.06 



liabilities. 



Capital stock paid in 

Surplus fund 

Ut divided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check . 

Demand certificates of deposit- 
Due to banks and bankers: 

Cashier's checks outstanding _. 
Certified checks r_i 



Total 



$30 , 000. 00 
12,250.00 
16, 779. 79 



107,976.60 



539- 19 
h 95-. 41 



169,496.99 



384 



N. C. CORPORATION COMMISSION 



BA.NK OP GREENVILLE. 



R. L. Davis, President. 



Jap. L. Little, Cashier. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

Ali other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 1 9,606.90 

Gold coin j 252.50 

Silver coin, including all minor coin 

currency j 638.46 

National bank notes aud other U.S. 

notes 16,974.00 

Revenue stamps 1 J32. 88 

Total I 188, 459.8 




LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 1 130,271.88 

Demand certificates of deposit I 

Due to banksand bankers I 25.67 

Cashier's checks outstanding ! 266.83 

Cert fied checks 



$25, 000. 00 

5,000.00 

395.43 



27, 500. 00 



Total. 188,459.81 



BANK OP KINSTON. 



E. F. Cox, President. 



R. C. Strong, Cashier. 



RESOURCES 



Loans and discounts $117,332.60 



Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages.! 

Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, iu eluding all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



2,105.35 



Total 147,387.30 



1, 100.00 



4,218.23 



[2,051.62 

228.79 

3, 005. 00 

734.71 
6, 6 1 1. 00 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted.- 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding- 
Certified checks 



Total. 



$21, 

7, 
5, 



000.00 
875.00 
727.30 



, 300. 00 
, 000. 00 



84, 663. 00 



299.89 
522. 11 



30 



BANK OP LAURINBURG. 



A. L James, President. 




T. J Gii.l, Cashier 


RESOURCES. 

Loans and discounts 


$161,541. 16 
2,571.85 


LIABILITIES. 

Capital stock paid in 


$20, 000. 00 
7, 000. 00 

>, 4 Zq. 03 
154.OO 










Dividends unpaid ... 


All other stocks, bonds and in rtgages. 








40,01 O.OO 
T56, 196.30 


Banking house, furniture and fixtures. 


1 , 000. 00 


Time certificates of deposit 

Deposits subject to check 








58,829.78 














3, 535- 00 

1,619.34 

2,444.00 
238. 20 






Silver coin, including all minor coin 


Total _ ___ 




National bank notes and other U. S 












Total _- - 


231,779-33 


23', 779-33 







REPORT ON CONDITION OF STATE BANKS 



385 



BANK OP LEAKS VILLE. 



W. R.Walker, President. 



A. E. Millner, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans.-- 

Due from banks and bankers I 12, 496. 82 

Cash items ! 



$39,790.41 
267. 86 



385. 00 
185. 00 



LIABILITIES. 



Gold coin 

Silver coin, including all minor coin 
currency ' 

National bank notes and other U S 
notes 

Revenue stamps 



V 



• 50 
312.35 



791.00 



Total l 56, 876. 94 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes, and bills rediscounted__ 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding __ 
Certified checks 



Total 



$10,000.00 

1 , 000. 00 

823.50 



20, 176. 11 
24, 836. 33 



1. 00 
40.00 



56,876.94 



BANK OF LEXINGTON. 

G. W. Montcastle, President. 



RESOURCES. 


$146,502.30 
653. 29 


LIABILITIES 

Capital stock paid in_ _ _ 


$30, 000. 00 








Undivided profits 


9,017.43 
24.00 






All other stocks, bonds and mortgages- 


75.00 


Notes and bills rediscounted 






Banking house, furniture and fixtures- 


1,990.24 






Deposits subject to check 

Demand certificates ot deposit 

Due to banks and bankers ._. 


78,423.04 

58, 562. 95 

2,015.83 

889. 48 








19,930.82 

467. 20 

2, 790. 00 

1,217.88 

5,126.00 
180,00 

178,932.73 








Silver coin, including all minor coin 


Total 




National bank notes and other U. S. 












Total _ — _ 


178,932.73 







BANK OF LITTLETON. 



J. H. Harrison, President 




W. L. Powell, 


Cashier. 


RESOURCES. 


$14,424.45 
958.27 


liabilities. 


$6, 975. 00 










317.77 








All other stocks, bonds and mortgages- 














Banking house, furniture and fixtures- 


37L35 


Time certificates of deposit . 






19, 742 95 










6,468.89 

62.50 

1 , 000. 00 

1,707.99 
2,184.00 










141.73 




Certified checks 


Silver coin, including all minor coin 


Total. 




National bank notes and other U. S. 










27,177-45 




Total- . _ 


27,177.45 







•25 



386 



N. C. CORPORATION COMMISSION. 



BANK OF LUMBERTON. 



A. W. McLean, President. 




C. B. TOWNSEND, 


Cashier. 


RESOURCES. 


$102,321.14 
2, 340. 29 


LIABILITIES. 




Overdrafts __ _ _ 




5, 000. 00 
4, 296. 03 






North Carolina State bonds _ _ 






All other stocks, bonds and mortgages- 














Banking house, furniture and fixtures- 


1,875.71 


Time certificates of deposit . _ _ 








98, 325. 70 










14,718. 10 














2, 339. 86 

. 1,989-63 

2,238.00 






Silver coin, including all minor coin 


Total — _. 




National bank notes and other U. S. 














Total _ 


127,822.73 


127,822.73 







BANE OF MADISON. 



J. M. Galloway, President. 



J. O. Ragsdale, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Revenue stamps 



Total 39,232.49 



$24,832.76 
19.46 



,275.64 



1 , 500. 00 

7,768.61 

18.00 

585. 00 

623. 02 

2,610.00 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bills payable 

Time certificates of deposit 

Deposits subjt-ct to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding _. 
Certified checks 



$10, 000. o» 



Total. 



,009.26 



4,765.0* 
23, 048. 07 



246.78 
163.38 



39,232.49 



BANK OF MAXTON. 



W. J. Edwards, President. 



T. O. Evans, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina vState bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Revenue stamps 

Current 



Total. 



$2,347.23 



812.04 



11,000.00 

27,547.51 
697.90 



4,643.59 



10.00 
22.20 



47,080.47 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted— 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding.. 
Certified checks 



Total 47,080.47 



$20 , 000. o* 



39- 9* 



26,821.64 
~~ - 2i878s 



REPORT ON CONDITION OP STATE BANKS. 



387 



BANK OP MURPHY. 



R.H. Hyatt, President. 




W. C . Ken yon. Cashier. 


Resources. 


$27,619.84 
413.42 


Inabilities. 














755- 26 




3, 000. 00 




All other stocks, bonds and mortgages- 












Banking house, furniture and fixtures- 


850 . 00 








42,474.81 
2,167.70 






Demand certificates of deposit 




17,573-55 
343-44 
545- 00 

1,004.37 

4,132.00 




Cashier's cheeks outstanding 


83.85 




Silver coin, including all minor coin 


Total 




National bank notes and other U.S. 














Total . 


55,481.62 


55,481.62 







BANK OP NORTH WILKESBORO. 



J.E. Finley, President. 



R. W. Gwyn, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Revenue stamps 



TotaL 



$81,749.06 
237. 60 



2, 000. 00 
4, 900. 00 



180. 00 

2 1 , 268. 34 

409.78 

3, 680. 00 

489. 10 

1,318.00 



1:6,231.1 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted__. 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding- 
Certified checks 



Total. 



$20, 000. 00 

1 , 700. 00 

829. 10 



19,548.99 
71,977.35 



2, 176. 44 



116,231.88 



BANK OF PEE DEE, ROCKINGHAM. 



T. C. Leak, President. 




W. L. Parsons, Cashier. 


RESOURCES. 

Loans and discounts __ _ 


$148,890.65 
6,825. i° 


LIABILITIES. 


$24, 950. 00 

15,000.00 

5,513-64 

35.oo 


Overdrafts _ _ _ 




United States bonds .._ 




North Carolina State bonds __ __ _ _ 






All other stocks, bonds and mortgages- 


26,000.00 


Notes and bills rediscounted 


Premium on bonds. _ 


Bills payable - _____ 




Banking house, furniture and fixtures 


500.00 


Time certificates of deposit-. 


15,307.93 
I 94,530.o8 












Due from banks and bankers 


43,746.01 




138.84 
1, 550. 84 


Cash items 




Gold coin 


12,500.00 
6,923.57 

11,500.00 
141.00 




Silver coin, including all minor coin 


Total . . 




National bank notes and other U. S. 












Total 


257,026.33 


257,026.3a 







388 



N. C. CORPORATION COMMISSION. 



BANK OF RANDLEMAN. 



S. Bryant, President. 



J. H. Cole, Cashier 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankets 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes ___„ 

Revenue stamps 

Expense account 



Total 13,075.78 



$3,833.80 
2.20 



416.60 



7,031.46 
1,503-52 



13.00 
275. 20 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted__. 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 
Due to banks and bankers 



Cashier's checks outstanding. 
Certified checks 



Total. 



$4, 225. 00 



154. 



.060. 12 



371-97 
263. 80 



13,075.78 



BANK OP RANDOLPH, ASHEBORO. 



O.R.Cox, President 




W. J. Armfield. Cashier. 


RESOURCES. 


$104, 161.66 


LIABILITIES. 






Surplus fund 








262. 08 










All other stocks, bonds and mortgages- 




Notes and bills rediscounted 








Banking house, furniture and fixtures- 


1,611.99 








103, 800. 78 










15,622.23 
197. 80 
332.50 

1,246.97 

4,901.00 
21-95 

143-52 










176. 76 






Silver coin, including all minor coin 


Total — _ . _ . 




National bank notes and other U.S. 








Sight bills. - _ 








Total 


128,239.62 


128,239.62 







BANK OF REIDSVILLE. 



P. B. Johnston, President. 



C. N. Evans, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin , 

Silver coin, including all minor coin 



currency 

National bank notes and other U.S. 



notes ,. 

Revenue stamps- 



Total 154,412.67 




9,i75.8i 
5,45o.i5 
3, 000. 00 
4,830.92 
2,185.84 
777-00 

659-99 

2, 604. 00 
110.00 



LIABILITIES 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding- 
Certified checks 



Total. 



$50, 000. 00 



5, 070. 79 



14,282.37 

9, 500. 00 

27, 506. 34 

47,838.58 



114.59 
100. 00 



154,412.67 



REPORT ON CONDITION ON STATE BANKS 



389 



BANK OP ROCKY MOUNT. 



Thomas H. Battle, President. 



L.F.Tillery, Cashier. 



Resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premiums on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin... 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Revenue stamps 



Total. 



f 119,799. 69 
924.14 



6, soo. 00 



29,418.24 
4,955-93 
4,73i-50 

2,085.48 

9,941.00 



178,355.9 s 



Liabilities. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscouuted__. 
Bills payable 

lime certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding-. 
Certified checks 



$25, 000. 00 



, 645- 39 



100. 00 
144,407.64 



202. 95 



178,355.98 



BANK OF SMITHFIELD. 



Allen K. Smith, President. 



John O. Ellington, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures, 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



Total. 



$67, 244. 73 
5,114-31 



2,500.00 



3,215.06 

11,761.06 

902.30 

2,900.00 

1,440.31 
5,288.00 



too, 365. 77 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted.__ 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding.. 
Certified checks 



Total. 



$25, 000. 00 



2,o79.43 
360.00 



5, 000. 00 
67, 926. 34 



100, 365. 77 



BANK OF SPRING HOPE. 



J. C. Braswell, President. 




J. S. Gorham, Cashier. 


RESOURCES. 


$25,536.06 
.02 


LIAB[LITIES. 


$10,000.00 










4i4.8r 


North Carolina State bonds 






Alt other stocks, bonds and mortgages. 












7, 000. 00 
5,010.00 
14, 628. 82 


Banking house, furniture and fixtures. 


781.64 














9, 231. 28 

323.51 

i,377.50 

745-03 

1,271.00 




2, 182.41 
30.00 




Cashier's checks outstanding 


Gold coin. _ _ _ — _ _ _ 


Silver coin, including all minor coin 


Total 




National bank notes and other U.S. 














Total __ 


39, 266. 04 


39,266.04 







390 



N. C. CORPORATION COMMISSION. 



BANE OF TARB0R0. 



J. L. Shackleford, President. 




Jo. J. Green , Cashier. 


RESOURCES. 


$97,150.74 


LIABILITIES. 


$60, 000. 00 
5,521.09 






United States bonds on hand __ . 






North Carolina State bonds. ._ -_ __ - 








All other stocks, bonds and mortgages . 


421.40 












Banking house, furniture and fixtures 


2, 936. 68 
2,066.41 


Time certificates of deposit _. 


7, 600. 00 
61,830.39 










Due from banks and bankers 


15,950.30 
708.81 


















Silver coin, including all minor coin 


890. 22 

6, 200. 00 
28, 626. 92 


Total 




National bank notes and other U. S 




Miscellaneous 




Total 


154,951.48 


154,951.48 



BANK OF THOMASVILLE. 



E. M, Armfield, President. 



J. L,. Armfield, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned __. 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



Total 52,496.82 



$33, 760. 01 



600. 00 



15,474.20 
208. 80 
797- 50 

534-31 



liabilities. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding- 
Certified checks 



Total. 



$6,500.00 



859-94 



43,649-25 
1,487.63 



52,496.82 



BANK OF WASHINGTON. 



Seth Bridgman, President 



Thos. J. Iatham, Cashier. 



RESOURCES. 



Iyoans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes ___- 

Revenue stamps 



Total 169,011.26 



$108,023.55 
54.8i 



0, 000. 00 
6,070.81 



15,372.28 

87.35 

5, 032. 25 

3, 506. 21 

22,864.00 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills redlscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding- 
Certified checks 



Total 169, on. 26 



$50,000.00 

15, 000. 00 

2,188.12 

6.00 



98, 728. 27 
3,088.87 



REPORT ON CONDITION OF STATE BANKS. 



391 



BANK OP WAYNE, GOLDSBORO. 



E. B. Borden. President. 



W. E. Borden, Cashier. 



RESOURCES. 

Loans and discounts l$333> 412.91 



Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans .__ 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency — 

National bank notes and other U.S. 

notes 

Revenue stamps 



2, 849. 96 



Total 459,470.54 



15,215.76 

2,193.32 

30, 375- 20 

43,853.93 



10,417.50 
5,401.96 



[5, 750. 00 



LIABILITIES. 

Capital stock paid in $125,000.00 

Surplus fund 40,000.00 

Undivided profits 17,513.39 

Dividends uupaid 4S9. 00 

Notes and bills rediscounted 8,000.00 

Bills payable 

Time ceriificates of deposit ' 17,323. ia 

Deposits subject to check j 210,155.52 

Demand certificates of deposit j 41, 019.51 

Due to banks and bankers j 

Cashier's checks outstanding I 

Certified checks . 



Total 459,470.54 



BANK OF WAYNESVILLE. 



Alden Howell, President. 




T . C. Skinner , Cashier. 


resources. 


$104,269.17 
1,872.39 


LIABILITIES. 






Surplus fund 






i,343-3i 






Dividends unpaid 


All other stocks, bonds and mortgages- 




5,340.oo 




Bills payable 

Time certificates of deposit 


Banking house, furniture and fixtures- 


4,411-32 


63,763-9* 

i5,533-30 

1,091.87 

160. 68 




Demand certificates of deposit 

Due to banks and bankers ._. 

Cashier's checks outstanding 

Certified checks _ 

Total 


Due from banks and bankers 


15,633.73 
2,691.47 
2,951.00 

498. 05 

4,902.00 
73-97 


Gold coin 

Silver coin, including all minor coin 


70.03 


National bank notes and other U.S. 
notes 








Total 


137,303.10 


137,303.10 



BANK OF WELDON. 



W. E. Daniel, President. 



W. R. Smith, Cashier. 



discounts j S72 , 870. 44 



Loans 
Overdrafts . 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



687. 82 
2, 400. 00 
15,000.00 



500. 00 



31,480.05 
1,569.00 



Total 132,315.14 



7,807.83 



liabilities. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted __ 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding... 
Certified checks 



$10,000.00 

10,000.00 

1,269.90 



111,045.24 



Total 132,315- 14 



392 



N. C. CORPORATION COMMISSION. 



BATTERY PARK BANK, ASHEVILLE. 



Jas. P. Sawyer, President. 



J. E. Rankin, Cashier. 



708. 50 
649- 33 



1, 126.00 



, 457- 76 
,735-02 



Loans and discounts 

Overdrafts 

Uaited States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. i 

notes 52,958,00 

Other sources ! 5,643.21 



S408, 
4, 



844.41 
040. 07 
615.00 



Total 749, 278. 24 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted— 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding.. 
Certified checks 



$100,000.00 
15, 000. 00 
18,214.88 



Total 749, 278. 24 



607,891.05 



172.31 



BREVARD BANKING COMPANY. 



T. D. England, President. 



J. W. McMinn, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



Total. 



$17,629.14 
484. 54 



318.56 
1,025.00 



16,594-37 

564. 00 

1,400.00 

998.58 



42,855.19 



LIABILITIES. 



Capital stock paid in $15, 000.00 

Surplus fund 



Undivided profits , 

Dividends unpaid 

Notes and bills rediscounted— 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding- 
Certified checks 



Total. 



612.63 



27,242.56 



42, 855. 19 



BURLINGTON BANKING COMPANY. 

J. A. Davidson, President. 



J. C. Staley, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



Total 75,228.46 



$39,027.87 



780 . 00 



6 , 950. 00 

23,091.81 

1,092.22 

52.50 

1,407.06 

2,827.00 



LIABILITIES. 



Capital stock paid in 

.1 Surplus fund 

.1 Undivided profits 

. Dividends unpaid 

J Notes and bills rediscounted 

J Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding- 
Certified checks 



Total. 



$10,000.00 

1,500.00 

797-95 



5,000.00 
48,197.77 



9, 732. 74 



75,228.46 



REPORT ON CONDITION OF STATE BANKS. 



393 



CHATHAM, MOORE AND HARNET BANK, SANFORD. 

W. J. Edwards, President. S. P. Hatch , Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Revenue stamps 



Total 70, 268. 20 



$39,718.56 
322.37 



, 047. 00 



556.18 

6, 704. 59 

5, 300. 00 

13,382.80 

5-75 



3,230.95 



LIABILITIES. 



Capital stock paid in 

Surplus iund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted— 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding- 
Certified checks 



Total. 



$15,000.00 
635.32 
172.92 



49, 607. 29 
3,593-21 



1,259.46 



70, 268. 20 



CITIZENS BANK OF ELIZABETH CITY. 



O. M'Mullan, President. 



M. R. Griffin, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortgages, 

Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Revenue stamps 



$80, 725. 08 
168.47 



4,990.07 
8,323.81 



Total. 



22,246. 16 
1,493-70 
2, 066. 34 

1,094.81 

8,115.00 



129,223.44 



liabilities. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted— 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding __ 
Certified checks 



Total- 



ly, 000. 00 
1,000.00 
1,013.94 



102, 158.36 



13. 14 

38.00 



CITIZENS BANK, HENDERSON. 



J. B. Owen, President . 



W.A.Hunt, Cashier. 



resources. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Revenue stamps 

Due from U. to. Mint 



Total 304,955.35 



$141,616.40 
5,5i3.i2 



'3,237.50 



LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted— 
Bills payable 

1,846.36 j Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding- 
Certified checks 



125,321.36 
2,321.60 
2,322.50 

1,364.02 

11, 176.00 

136.39 
100. 00 



Total. 



$45, 000. 00 
10,000.00 
3,993- 11 



245,339.96 



518.76 
103.52 



304, 955- 35 



394 



N C CORPORATION COMMISSION. 



CITIZENS BANK, NEW BERN. 



T.A.Green, President. 



H . M . Groves, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States binds 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items . 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes at:d other U.S. 

notes 

Revenue stamps 



Total 180,831.7 



$"3, 
2, 



581.95 
858.77 



50.00 
1525.00 



934.00 
936.03 



41,093.38 
i,H5.93 
r, 124.00 

1,570.65 

4, 042. 00 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted... 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding.. 
Certified checks 



Total. 



$50,000.00 
6, 000. 00 
9,654-59 



15,000.00 
25,267.94 
72,271.33 



2, 228. ]5 
409. 70 



180,831.71 



CITIZENS BANK, REIDSVILLE. 



H. R. Scott, President. 



R. L. Watt, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bonds 

Banking hous**, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



$176,314.57 
1 , 708. 90 



Total 200,276.39 



958. 16 



3, 000. 00 

10,994.18 

599- 37 

1 , 850. 00 

1,132.21 

3,7l9.oo 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding.. 
Certified checks 



Total 200,276.39 



$50,000.00 



47,352.02 
3, 000. 00 



25,799.85 
74,091.08 



COMMERCIAL BANK, MARION. 



W. A. Conley, President. 



Geo. I . White , Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages J 

Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



$33,154.62 
1,003.30 



Total 62,074.44 



1,000.00 



22,491.29 



2, 500. 00 



liabilities 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding- 
Certified checks 



Total. 



$ 1 o, 000. 00 
4 , 400. 00 
1,701.09 



43,930.41 
2, 042. 94 



62,074.44 



REPORT ON CONDITION OF STATE BANKS. 



395 



COMMERCIAL AND FARMERS BANE, RALEIGH. 

J. J. Thomas, President B. S. Jerman, Cashier. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures^ 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



$366,221. 11 
5,061.56 



Total 564, 264.39 



32,708.95 



13,702.48 
13,998.31 

9,420.97 
86, 226 80 

5,282.46 
11,837.50 

2, 795- 25 
12,009.00 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted___ 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding.. 
Certified checks 



Total 564,264.39 



$100,000.00 
20, 000. 00 
18,779.85 



14,000.00 



376,045.10 



33,643.83 
1, 795-6i 



DAVIS & WILEY BANK, SALISBURY. 

Theo. K. Kluttz, President. 



O. D. Davis, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owued 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



$159,679.00 
7,595.7i 



15,000.00 



Total. 



10,975.00 
3, 000. 00 



18,707.77 
3,687.36 
10,220.00 

3,636.47 
17,760.00 



250,261.31 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted-— 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding _. 
Certified checks 



Total 250,261.31 



$60,000.00 
15,000.00 
2,325-95 



153,641.14 



5,015.41 
14,278.81 



FARMERS AND MERCHANTS BANK, LOUISBURG. 

Wm. Bailey, President. W. J. B yerly, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



Total. 



$85,666.62 
1,843.85 



3 , 000. 00 

3,168.55 

410.00 

3,160 19 



2,542.27 
880. 01 
262.50 

2,318.46 

2,000.00 



LIABILITIES 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills iediscounted... 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding- 
Certified checks 



Total. 



$20, 000. 00 



4, 625. 64 



33, 500. 00 

5,837.91 
41,257.98 



30.92 



105, 252. 45 



396 



N. C. CORPORATION COMMISSION. 



FARMERS AND MERCHANTS BANK, NEW BERN. 

L. F. Cutler, President . T. W. Dewey , Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Revenue stamps 



Total 228, 169.95 



, 295- 45 
1 555- 16 



, 150.00 
606. 39 



392.8i 
486. 73 
937- 34 
536.42 
172.24 
140.00 



29, 

2, 

1,724.41 
14,173.00 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted___ 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding.. 
Certified checks 



Total. 



$75, 000. 00 
10,000.00 
1 , 604 . 98 



135,510.71 

462. 30 

5,59L96 



228,169.95 



FIDELITY BANK, DURHAM. 



B. N. Duke, President. 



Jno. F. Wiley, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Revenue stamps 



$368,399-20 
1,021.07 



Total. 



98, 462. 50 
2, 000. 00 
3,595.oo 
2, 000. 00 

68,023.32 
209,901.71 

13,174.98 

10, 160.00 

5, 387. 00 

4,840.00 
192.00 



787,156.78 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted__. 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks ou!standing_. 
Certified checks 



Total- 



Si 00. 
50 
14, 



000.00 
000. 00 
266. 51 
467.00 



29 

353 

190 

42 

6. 



267.89 
769. 88 
321.48 
724. 17 
334.85 



787,156.78 



GREENSBORO LOAN AND TRUST COMPANY. 



J. W. Fry, President. 



W. E. Allen, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Miscellaneous 



Total. 



$253,431.44 
919.12 



[0,000. 00 



600. 00 
1,865.00 



6,511.00 

14, 286. 40 

407. 01 

5,215.00 

1,247.31 

4, 127.00 
8,023.56 



306,632.84 



LIABILITIES. 



Capital stock paid in 

Surplns fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted __. 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding _- 
Certified checks 



$100,000.00 



,968.16 



44,752.20 
10,000.00 



Total 306,632.84 



137,232.50 
4,089.75 
1,590.23 



REPORT ON CONDITION OF STATE BANKS 



397 



MERCHANTS AND PLANTERS BANK, MILTON. 
J. A. Hurdle, Acting President. R.L. Walker, Cashier. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Revenue stamps 



Total 25, 




978.50 
96.40 
400. 00 

368. 30 

1,153.00 



•35 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted— 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposii 

Due to banks and bankers 

Cashier's checks outstanding. 
Certified checks 



S3, 700. 00 



Total. 



28S.37 
125.00 
,6 io. 00 



»,574.27 
10,006.96 



416.75 
165.00 



25,886.35 



MOREHEAD BANKING COMPANY, 
Q. E. Rawls , President 



DURHAM. 

E. C. Murray, Cashier. 



RESOURCES. 

Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures, 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Burlington 

Revenue stamps 



$196, 
1, 



Total 298,379.35 



704.42 
059. 29 



28, 000. 00 



082. 00 
202. 05 

819. ou 

389. 09 
30.11 

885. 00 



I. 

2,414. 16 

9, 003. 00 

20,665.23 

126.00 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted __. 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding.. 
Certified checks 



Total 298,379.35 



$158,000.00 

20, 000. 00 

21,913.67 

201.00 



26,446. 18 
65, 624. 80 



5,025.99 
1,167.71 



MUTUAL AID BANKING COMPANY, NEW BERN. 

C.C. Roach, President John H. Fisher, Cashier. 




477- 65 
250 . 00 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures.! 

All other real estate owned j 

Demand loans < 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes , 

Current expenses 



Total 3, 945. 68 



60.25 




Capital stock paid in. 

Surplus fund 

Undivided profits 

Dividends unpaid . 

Notes and bills rediscounted... 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding.. 
Certified checks 



Total. 



185. 00 
1,362.60 
1,020.93 



3,945-68 



398 



N. C CORPORATION COMMISSION. 



PAMLICO INSURANCE AND BANKING COMPANY, TARBORO. 

H. L. St aton, President, Job Cobb, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banfesand bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



$182,539.90 
3,5i3.i5 



Total 238,509.51 



to, 386. 53 



28, 346. 8 1 
2,490.52 
2,335.oo 

1,841.60 

7,056.00 



LIABILITIES. 



$33, 960.00 
29,229.37 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid J 

Notes and bills rediscounted I 

Bills payable I 20.000.00 

Time certificates of deposit _! 51,541.75 

Deposits subject to check 95,304.41 

Demand certificates of deposit 

Due to banks and bankers 

Cashier's checks outstanding 

Certfied checks 



Total 238,509.51 



,388.84 
85.14 



PEOPLES BANE OF MONROE. 



O. P. Heath, President. 



W. C. Wolfe, Cashier. 



RESOURCES. 


$120,310.35 
17,796.50 


LIABILITIES. 


$41, 100.00 

4, 000. 00 

5,7i8.35 

164.00 
















All ^the*- stocks, bonds and mortgages- 








Bills payable. _ 


5, 000. 00 
30,994.60 
77,342.61 


Banking house, furniture and fixtures- 


3,625.00 
1, 676. 05 


Time certificates of deposit 










4,4i4.76 




516.53 








5,000.00 

5,781.48 

6, 000. 00 
23L95 






Silver coin. including all minor coin 


Total 




National bank notes and other U.S. 












Total — 


164, 836. 09 


164,836.09 







PEOPLES BANK, ROXBORO. 



J. A. Long, President. 



J. S. Bradsher, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Go d coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



Total. 



$90,378.25 
2,934.38 



12, 000. 00 

800. 00 

3,348.50 

2, 750. 00 



17,925.94 

672.02 

2, 740. 00 

3,560.71 
5,107.00 



142,216.80 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted— 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding.. 
Certified checks 



Total. 



$40, 000. o© 
4,000.00 
4,793.35 



8, 200. 00 
10,000.00 
13,101.63 
61,464.51 



596.6; 



ea 



142,216,1 



REPORT ON CONDITION OP STATE BANKS. 



399 



PILOT BANK AND TRUST COMPANY, PILOT MOUNTAIN. 

G O. Key, President. J. A. Stone, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coins 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



Total 33.9°°- oo 



$26, 634. 08 
192. 24 



621.04 



4, 295. 34 
309. 22 
462. 50 

664. 43 

7i5-°o 
6.15 



LIABILITIES 



Capital stock paid in _ 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills redisccunted 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding.. 
Certified checks 



Total. 



$16,000.00 
1,031.34 



1,479-40 
6, 000. 00 
6, 227. 04 
3, 155- 22 



33,900.00 



PLANTERS BANK, ROCKY MOUNT. 



J. C. Braswell, President. 



W. P. Hamilton, Cashier. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currerfcy 

National bank notes and other U. S. 

notes 

Revenue stamps 



$73,273-32 
784-93 



Total. 



15,208.74 
2, 694. 25 
1,010.00 

1,301.28 

10, 133. 00 



106,518. 24 



liabilities. 

Capital stock paid in j $25,000.00 

Surplus fund | 2,500.00 

Undivided profits ' 1, 057. 69 

Dividends unpaid 

Notes and bills rediscounted j 

Bills payable ! 10,000.00 

Time certificates of deposit 

Deposits subject to check 64, 306. 23 

Demand certificates of deposit 

Due to banks and bankers 2,502.82 

Cashier's checks outstanding 55I-5Q 

Certified checks 



Total. 



1 06, 518. 24 



SOUTHERN LOAN AND TRUST COMPANY, GREENSBORO. 

E. P. Wharton, President. R. G. Vaughan, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S 

notes 

Revenue stamps 



$216, 
1, 



Total 303, 101 



536- 03 
175-35 



1,380.40 



052. 36 
910.00 
712.81 
329- 56 
1^5-63 
875. 00 



1,630.70 
7, 334- 00 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted 

Bills payable 

Time certificates of deposits- 
Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding.. 
Certified checks 



Total. 



$25, 000. 00 
45, 000. 00 
21,590.53 



8, 948. 96 
20, 000. 00 



127, 246. 07 

4,813.58 

50,184.71 

317-99 



303,101.84 



400 



N. C. CORPORATION COMMISSION. 



STATE BANK OF COMMERCE, HENDERSONVILLE. 

Geo. H. P. Cole, President. J. A. Maddrey, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bond* 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S 

notes 

Revenue stamps 



Total 97,218.51 



§41,591.21 
35.8i 



38,924.50 
221.37 

2, 100.00 

1,696.62 
5, 149. 00 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted... 
Bills payable 

Time certificates of deposit 

Deposits subject to check ,__ 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding _. 
Certified checks 



Total. 



$30,000.00 

2,500.00 

373.63 



4,010.28 
60,334.60 



97,218.51 



WACHOVIA LOAN AND TRUST COMPANY, WINSTON-SALEM. 

F.H. Fries, President. ■ H. F.Shaffner, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S 

notes 

Invested trust assets 



Total. 



$626,958.16 

1,879.69 

20, 000. 00 

37,600.00 

6,956-32 



25,000. 00 
403. 00 



47,173-32 

2, 226. 06 

44,702.50 

2,829.55 

10,709.00 
269,489.24 



1,095 926 84 



LIABILITIES. 



Capital stock paid in j $200,000.00 

Surplus fund- 



Undivided profits 

Dividends unpaid 

Notes and bills rediscounted— 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding- 
Certified checks 

Deposits in trust 



Total 1,095,926.84 



33,661.60 



83,848.71 
453,891.17 



994. 66 
4,531.74 



318,998-96 



BANK OP B. BLANTON & CO., SHELBY 

Chas. C. Blanton, President. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on haud 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Revenue stamps 



Total 244,654.72 



187,481. 19 
54-44 



1 , 1 50. 00 

1,997.14 

1,350.00 

33, 880. 07 



4, 100. 00 
1,483.88 
13,158.00 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted... 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due Banks and bankers 

Cashier's checks outstanding.. 
Certified checks 



Total 244,654. 72 



$25, 000. 00 
10.000.00 
2, 793. 80 



20, 000. 00 
10, 000. 00 
70,665.67 
104, 128. 71 



2, 066. 54 



REPORT ON CONDITION OF STATE BANKS. 



401 



BANKING HOUSE OF S. H. BUCHANAN, J0NESB0R0. 

S.H.Buchanan, President. S. H.Buchanan, Cashier. 



RESOURCES 



Loans and discounts , 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds , 

Banking house, furniture and fixtures- 
All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



Total. 



LIABILITIES. 



$16,030.20 
4, 940, 00 



3,000.00 



6, 190.60 

1,640.00 

1 , 060. 20 

1 1 , 240. 00 



Capital stock paid in 

Sui plus fund 

Undivided profits , 

Dividends unpaid 

Notes and bills rtdiscounted... 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

I Demand certificates of deposit. 

Due to banks and bankets 

Cashier's checks outstanding- 
Certified checks — 



$15,000.00 



26,978.60 



2, 122.40 



Total 44, 101.00 

I 



BANK OF CARTHAGE. 



J. C. Black, President. 




William Hayes, Cashier. 


RESOURCES. 

Loans and discounts _ . _ _ 


$i7,94i.i5 
L 675. 25 


LIABILITIES. 


$10, 000. 00 


Overdrafts . 




United States bonds __ 




1 , 286. 04 


North Carolina State bonds. 






All other stocks, bonds a L,d mortgages- 
Premium on bonds _ _ . 














Banking house, furniture and fixtures 


772.68 


Time ceitific^tes of deposit _ __ 




All other real estate owned. 




21,986. 13 


Demand loans. . _ 


5, 000. 00 
6,553-29 




Due from banks and bankers __ 






Cash items. _ 




160.84 


Gold coin — _ , ________ 


130. 00 
1,520.64 
1 , 000. 00 




Silver coin, including all minor coin 
currency. _____ _ _ _ 


Total _ 




National bank notes and other U.S. 




Revenue stamps _ _ __ 










Total 


34,593 01 


34, 593- 1 







L- J. Best, President. 



RESOURCES 



Loans and discounts 

Ovei drafts 

United States bonds 

North Carolina State bonds 

All other stacks, bonds and mortgages. 

Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Stamp account 



BANK OF DUNN. 



Total 



26 



$19,604.69 
1,414.60 



2, 500. 00 
7, 000. 00 



859-78 
3,018.71 



30.00 



34,427-78 



J. W. Purdie, Cashier. 



LIABILITIES. 



Capital stock paid in 

Suiplus fund 

Undivided profits 

Dividends unpaid 

Notes and bibs rediscounted... 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding.. 
Cert.fied checks 



$12,500.00 
"""387745 



8, 000. co 

1,000.00 

12,298.81 

236.52 
5.00 



34,427.7* 



402 



N. C. CORPORATION COMMISSION. 



BANKING HOUSE OF GARDNER & JEFFRESS, WARRENTON. 

J. M, Gardner. Cashier. 



RESOURCES. 

Loans and discounts.- ._ 


$29,252.69 
2,222.45 


LIABILITIES 


$10,000.00 


Overdrafts _ 




United States bonds 


Undivided profits 


6, 776. 40 


North Carolina State bonds 




Allotner stocks, bonds and mortgages 








Premium on bonds 








Banking house, furniture and fixtures. 


500 . 00 
2,021.54 
26, 300. 00 
8,397.57 

794- 72 
1,045.00 

864.51 

3,811.00 


Time certificates of deposit _ 




All other real estate owned ._ 




58,433-08 


Demand loans.. ._ _. __ 


Demand certificates of deposit .. 


Due from bauks and bankers . _ 




Cash items 






Gold coin 






Silver coin, including all minor coin 
currencv. _ . 


Total. _. ... , 




National bank notes and other U.S. 
notes ... _ _ 




Revenue stamps _______ 










Total., 


75, 209. 48 


75,209.48 







G. W. F. Harper, President. 



RESOURCES. 



BANK OP LENOIR. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bonds 

Banking house, furniture atid fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor ccin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



Total. 



$55,380,52 
144.09 



450. 00 
1,000.00 



17,053.64 

300. 00 

1, 800.00 

1,864.75 

1,750.00 ! 



85,743.00 



J. H. Beall, Cashier. 



LIABILITIES 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills redi.scounted.__ 

Bills payah'e 

Time cenificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding.. 
Certified checks 



$10,000.00 



7,153-94 



64,639.06 
3,950-00 



85,743.oo 



BANK OF LINCOLNTON. 



B. F. Grigg, Manager 



W. H. Grigg, Cashier. 



RESOURCES. 

Loans and discounts $11,626.23 

Overdrafts j 199.23 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortgages.! 7, 500. 00 

Premium on bonds | 

Banking hou^e, furniture and fixtuies 100.65 

All other real estate owned 

Demand loans 6,302.24 

Due from banks aud bankers 9,497. 19 

Cash items 




God com 

Silver coin, including all minor coin 
currency — 

National bank not s and other U. S. 
notes 

Revenue stamps 



Total 41,502.56 



3,200 


00 


1,023.52 


1,940 
113 


00 

50 



LIABILITIES 



Capital stock paid in 

surplus fund 

Undivided profit* 

Dividends unpaid 

Notes and bills rediscounted... 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding- 
Certified checks 



Total. 



5, 000. 00 
[ , 000. 00 

824.24 



500. 00 

23, 802. 59 

6,848.31 

384-52 

142.90 



41,502.56 



REPORT ON CONDITION OP STATE BANKS.. 



403 



BANK OP S. H. LOPTIW, KINSTON. 



S. II. Loftin, President. 



H. C. V. Peebles, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United states bonds on hand 

North Carolina State bonds 

All other stocks, bunds and mortgages. 

Premium on bunds 

Banking house, furniture and fixtures 

All other real estate owned ... 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

Natijnal bank notes and other U. S 

notes 

Expenses 



Total. 



$88,674.34 
25,879.91 



9, 500. 00 



800. 00 
22,335.00 



32,5^7.50 
1:3-23 
500. 00 

124.69 

2, 236. 00 
2, 200.00 



184,950.67 



LIABILITIES. 



Capital stock paid in 

Surp'us fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscountcd... 
Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due to bank?, a d bankers 

Cashier's checks outstanding _. 
Certified checks 



Total. 



ff45.4<*.93 



26, 608 . 00 

1,500.00 

76,692.42 



31,530.77 
3, 150. 55 



184,950.67 



BANK OP MARTIN COUNTY, WILLIAMSTON. 

J. G. Godard, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United elates bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixture 1 -- 

All oth-r real estate owned 

Demand loans 

Due from banks and bankers 

Cash items , 

Gold coin 

Silver coin, including all minor coin 

currency 

Naiioual bank notes and other U S. 

notes 



$9,579.15 
384.61 
500. 00 



Revenue stamps.. 
Total 



567.62 



4,831.77 
87.65 



3, 167 99 



[9,118.79 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividend- unpaid 

Notes and bills rediscounted__. 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding,. 
Certified checks 



Total. 



$5,000.00 



108.05 



1,975.00 
[2,035.74 



79 



BANK OP RUTHERFORDTON. 



D. F. Morrow, President. 




M. H. Morrow, Cashier. 


RESOURCES. 

Loans and discounts 

Ove -draft's . . _ __ 


$16,575.75 


LIABILITIES. 

Capital stock paid in 


ffio, 000. 00 


United States bonds on hand __ _ 






368.49 


North Carolina State bonds _ __ 






All other stocks, bonds and mortgages- 


850. 00 


Notes and bills rediscouuted 






Bills payable _. 

Time certificates of deposit _ __ _ 


5, 000. 00 
3, °09- 14 
10,810.39 


Banking house, furniture and fixtures. 


5, 000. 00 


All other re a esta'e owned _ _■_ 




Demand loans.- _ 






Due from banks and bankers. ... 


2,013.67 
i,79i-79 






Cash items . ... _ 






Gold coin . _ 






Silver coin, including all minor coin 




Total 




National bank notes and other U. S. 
notes 


1,262.81 

1 , 700. 00 

29,1^4.02 




Stocks unpaid 




Total 


29,194.02 







404 



N. C. CORPORATION COMMISSION. 



BANK OF YOUNGSVILLE. 



J. B. Perry, President. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina Statr bonds 

Al! other stocks, bonds and raortgag S- 

Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Revenue stamps 



Total 12,432.94 



$ 8, 060. 98 
249.11 



450. 00 



1,000.00 
30.18 
534- >o 
67.50 

285.07 

1,756.00 



W. G. Riddick, Cashier. 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Unoi\ ided profits 

Dividends unpaid 

Notes and bills rediscounted___ 
Bills payab e 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 
Due to banks and bankers 
Cashier's checks outstanding-- 
Certified checks 



84, 000. 00 



148. 15 
18.00 



2, 000. 00 
4,557.32 



1,706.97 
2.50 



12,432.94 



BRANCH BANKING COMPANY, WILSON. 



H.G.Connor. President. 



RESOURCES. 



L,oans and discounts 

Overdrafts 

United States bonds on hand 

North Car Una State bonds 

All other stocks, bonds and mortgages. 

Premium on bonds 

Banking house, furniture and fixtures. 

All oth-r real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Revenue stamps 



Total 259,950.03 



$209,827.71 
5, 275. 78 



7, 549- 80 



15,674.85 

10,407.60 

1,891.14 

2,060.00 

888. 15 

6, 375- 00 



J. C. Hales, Cashier. 



LIABILITIES 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and ^ills rediscounted.__ 
Bills payable 

Time certificates of deposits 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding__ 
Certified checks 



Total 259,950.03 



$50, 000. 00 
12,500.09 
9,213-95 



37, 000. 00 
31,306.38 
118,137.61 



1,792.09 



CLAYTON BANKING COMPANY 



Ashley Horne, President. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bonds 

Banking houe, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items • 

Gold coin 

Silver coiu, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



126,714.23 
2.28 



2 703-48 



Total 38, 158. 15 



1,000. CO 

5,637.43 

35- 72 

55-00 

801. or 

1,209. CO 



C. M. Thomas, Cashier. 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rtdiscounted.-. 

Bills payable 

Time certificates of deposit 

Deposits suhject to check 

Demand certificates of deposit. 

Due to banks and bankers „. 

Cashier's checks outstanding.. 
Certified checks 



Total. 



$10,000. 



815-55 



5,500.0* 
21,815. 3» 



38, 158. 15 



REPORT ON CONDITION OF STATE BVNKS 



405 



COMMERCIAL BANK OF LENOIR. 



T. J. Lutz, President 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bunds 

Banking hou>-e, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cssh items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank no es and other U.S. 

notes 

Revenue stamps 



Total. 



Otis P. Lutz, Cashier. 



$9, 



32. 06 
13-54 



4, 256. 80 



1,327.61 



500. 00 

55L57 



17,031.58 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted__. 
Bills payable 

Time certificates ot deposit 

Deposits subject to check 

Demand certificat s of deposit. 

Due to banks and bankers 

Cashier's checks outstanding— 
Certifitd checks 



Total. 



COMMERCIAL BANK OF RUTHERFORDTON. 



$10,000.00 



843-85 
6,179-93 



7.80 



17,031.58 



Dr. T. B. Twitty, President. 




J. F. Flack, Cashier. 


RESOURCES. 


$15,278.23 


LIABILITIES. 


$9, 684. 58 










Undivided profits 


412.82 




- 


All other stocks, bonds and mortgages- 














Banking house, furniture and fixtures- 


t , 000. 00 
3, 742. 60 








10,370.62 














11.41 
445- 00 

180. 18 

255 00 
49-50 




493-9* 






Silver coin, including all minor coin 


Total ^ . 




National bank notes and other U.S. 












Total- 


20,961. 92 


20,961.92 







DIME BANK, KINSTON. 

Chas. F. Dunn, Proprietor. 



relources. 



#503- 06 
3,808.72 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds ' 

Banking house, furniture and fixtures.] 1,780.00 

All other real estate owned j 12,000.00 

Demand loans \ 1 

Due from banks and bankers j 575-59 

Cash items ' 

Go(d coin 

Silver coin, including all minor coin j 

currency ! 300. 72 

National Bank notes and other U. S. j 

notes 

Personal property 1,000.00 



Total. 



2J.02S. 09 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

dividends unpaid 

N >tes and bills rediscounted__. 

is Us payable 

Time certificates of deposit 

Deposits subject to check 

I 'emand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding.. 
Certified checks 



Total. 



I 10, 947. 30 



4,500.00 
4,402,52 



159 47 
18.80 



20,028.09 



406 



N. C. CORPORATION COMMISSION. 



ELM CITY BANK. 



Jno. L. Bailey, President. 




E. O. McGowan 


Cashier. 


RESOURCES. 

Loans and discounts _ 


$19,462.21 
256.98 


LIABILITIES. 














1,039.47 


North Carolina State bonds _ 





Dividends unoaid ._ . 










___ 








2,084. go 




5,677.10 
11,636.05 






Demand loans- __ . 






Due from banks and bankers 


3.302.8S 

289. 20 
600. 00 

557- 7o 
1,800.00 










1-25 






Silver coin, including all minor coin 


Total_ __ __ 




National bank notes and other U.S. 














Total - . ___ 


28,353-87 


28,353.87 







GASTONIA BANKING COMPANY. 
Jno. F. Love, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

Uniud States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bjnds 

Banking house, furniture and fixtures. 

All o her real estate owned 

Demand loans 

Due from banks and bankeis 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency '. 

National bank notes and other U. S. 

notes 

Revenue stamps 



Total 391,461.60 



$170,850.06 
2.81 



16 1, 800. 00 



4, 142.60 
25,585.86 

7,5i3.6i 
12,501.74 

2,804.31 



913-61 
5, 347- °o 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscouuted— 
Bilis payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit- 
Due to banks and bankers 

Cashier's checks outstanding- 
Certified checks 



Total 391,461.60 



$20, OOO.OQ 

43, 000. 00 
4, 799- 09 



40, 000. o© 



88,128.89 
184,138.6+ 



9,188.84 
2, 206. 14 



CHARLES T. GEYER & SONS, BANKERS, SOUTHERN PINES. 

Russell E.^ever, Member. William T.Geyer, Member. 



RESOUKCES. 



Loans and discounts 

Overdrafts 

Uniud Slate bonds on hand 

Nor h Carolina State bonds 

All ot her stock s, b >nds and mortgages. 

Premium on bonds 

Banknig house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due to banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Revenue stamps 

Total 



$3,224.98 
36.30 



512.75 



1, 108.65 
"~82.%o~ 



1,195.00 

44.32 

6, 399. 04 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided pr> fits 

Divi iends unpaid 

Notes and bins rediscouuted ___ 

Hills payable 

Time certificates of dep >sit 

Deposits MibjVct to check 

Demand certificates of depos t. 

Due to banks and b inkers 

Cashier's checks outstanding.. 
Certified checks 



Total- 



Si, 000. oa 



97.24 
800. 00 



l,237.7o 



264. 10 



6,399-°4 



REPORT ON CONDITION OF STATE BANKS 



407 



GILLAM & LYON, BANKERS, WINDSOR. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All oiher stocks, bonds and mortgages 

Premium on bonds 

Banking honse, furniture and fixtures. 

All oth<-r real estate owned 

Demand !• ans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

cunency 

National bank notes and other U. S. 

notes 

Revenue stamps 



Total. 



$50, 192.09 
6, 800. 00 



2, 200. 00 
1,248,03 



4,550.00 
6, 200. 00 



4, 849. 08 

125.00 

1,248.50 

6, 538. 00 



, 950. 70 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscouuted 

Rills payable 

Time certificates of deposit 

Dt posits subject to check 

Demand certificates of deposit- 
Due to banks find bankers 

Cashier's checks outstanding- 
Certified checks 



Total. 



$4 , 000. 00 
6, 000. 00 
3,525-50 



4,500.00 



25, 650. 00 
40,275.20 



83, 950. 70 



HERTFORD BANKING COMPANY. 

J.Elmer White, President. 



RESOURCES. 



Loans and discounts 

Overrlra't-s 

United states bonds on hand 

North Caro ina State bonds 

All other stocks, b mdsand mortgages. 

Premium on bonds 

Banking house, furniture and fixtures. 

Ah other real estate owned 

Demand loans 

Due fr >m banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currencv 

National hank notes and other U. S. 

notes 

Revenue stamps 



Total. 



$16,892. 10 
2, 968. 83 



1,650.00 
1,300.00 



6,928.5,8 
571-79 
i35-oo 

936. 15 
1,027.00 



32,409-45 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivi en profits 

I) vi»1end> unpaid 

Notes and bills rediscounted__. 

hills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certifi ates ot deposit. 

( me to banks and bankers 

Cashier's checks outstanding... 
Certified checks 



$3, 000. 00 
2, 000. 00 



26, 647, 96 
761.49 



Total 1 32,409.45 



KINGS MOUNTAIN BANK. 



F. Dilling, President. 




L. R. Hagood, Cashier. 


RESOURCES. 

Loans and discounts . 


$5,701.75 
107.48 


LIABILITIES. 

Capital stock paid in 


$5,000.00 


Overdrafts . . 








326. 50 








AU other stucks, bonds and mortgagts. 














Banking house, furniture and fixtures- 


300. 00 


Time certificates of deposit 

Deposits subj ct to check 

Demand certificates of deposit 

Due to banks and backers _ _ 


43,187.90 




11, 120.42 
27,735.09 


Due from banks and bankers . 












1,000.00 
1,349.66 
1, 200. 00 






Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 


Total 














Total 


48,514.40 


48,514.40 







40 



N. O. CORPORATION COMMISSION. 



MERCHANTS AND FARMERS BANK, DUNN. 
E. F. Young, President. V. £,. Stephens, Cashier. 



RESOURCES. 


$42,765.12 
4,672.42 


LIABILITIES. 


$20, 500. 00 










1, 149- 54 








All other stocks, bonds and mortgages- 






9, 000. 00 






Banking house, furniture and fixtures. 






1 , 030. 00 
22, 235. 23 














4,582.99 




321.24 
382.99 




Cashier's checks outstanding 






Silvtr coin, including all minor coin 

currency 

National ba> k notes and other U. S. 




Total— . 




2, 364. 52 
233- ^5 




Revenue stamps and stationery 




Total — 


54,619.00 


54,619.00 







ROUSE BROS., BANKERS, LaGRANGE. 

Jas. E. Carraway, Chief Clerk. 



RESOURCES. 



Loans and discounts 

Ovt-rdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bond.-, and mortgages 

Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Duelrotn banks and bankers 

Cash items 

Gold coin 

Silvei coin, including all minor coin 

currency 

Naiional bank notes and other U. S 

notes 

Current expenses, less undivided profits 



Ton 1. 



$2,825.00 



250. 00 



5,699.20 

500. 00 

666.97 

1,000.00 
153- 10 



11,094.27 



LIABILITIES 



Capital stock paid in 

Surplus lund 

Undivided profits 

Dividends unpaid 

Notes and bills redisccunted— _ 

Bills payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding-. 
Certified checks 



Total. 



$4, 5C0. 00 



6, 240. 65 



353-62 



11,094.27 



SCOTLAND NECK BANK. 



A. McDowell, President, 



Frank P. Shields, Cashier. 



RESOURCES. 

lyoans and discounts 


832,600.09 
618. 24 








All other stocks, bonds and mortgages- 


5,459.9^ 


Banking house, furniture and fixtures- 


613.19 
86b. 06 






9,93^.04 
486. 18 
500. 00 

1,000.00 

3, 697. 06 
26 i . 00 






Silver coin, including all minor coin 


National bank notes and other U.S. 






Total — . __.. _ 


56,038.82 





LIABILITIES. 



Capital stock paid in 

Surp'us fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted... 

Bills payable 

Time certificates of deposit 

Dep iMts subjet-t to chtck 

Demand certificates of deposit- 
Due t«' banks and bankers 

Cashier's checks outstanding. . 
Certified checks 



Total. 



$5, 000. 00 
5,000.00 
1,627.63 



4,020.17 



5,986.23 
32,817.51 



1,203.12 
384. 16 



56,038.82 



REPORT ON CONDITION OF STATE BANKS. 



409 



SHUFORD'S BANK, NEWTON. 



A. A. Shuford, President. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds 

All other stocks, bonds and mortgages. 
Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Revenue stamps . 



$57*215.50 
21.15 



1 , 300. 00 



3,897.00 
3, 283. 35 



A. H. Crowell, Cashier. 



Total i 90,275-83 



15,306.67 

696. 00 

1,840.00 

1,936.46 I 

4,518.00 
261. 70 



LIABILITIES. 



Capital stock paid in 

Surplus fui.d 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted__. 
Bills payable 

Time certificates of depo-.it 

Deposits -ubject to cht ck 

Demand certificates of d' posit- 
Due t<> banks and bankers 

Cashier's checks outstanding-. 
Certified checks 



Total . 



$12,000.00 

600. 00 

5,540.05 



54,980.88 

11,888.26 

4, 808. 10 

458-54 



90,275.83 



CABARRUS SAVINGS BANK, CONCORD AND ALBEMARLE. 
D. F. Cannon, President. James C. Gibson, Cashier. 



RESOURCES. 


$171,325.42 
i,793-38 


LIABILITIES 


$25,000.00 
12,500.00 
8,432.25 














Dividends unpaid .. 


All other stocks, bonds and mortgages- 







Bills pa\able 


37,572-88 


Banking house, furniture and fixtures- 


3,361.26 






157,201.38 










50, 483. 89 




1,361.95 
844.21 








6, 872. 50 
4, 730. 19 
10,217.00 




Silver coin, including all minor coin 




5, 870. 97 


Total _ _ __- 


National bank notes and other U. S. 
notes _ __ 








Total ... 


248,783.64 


248,783.64 







CITIZENS SAVINGS BANK, DURHAM. 



J. S. Carr, President. 



265. 44 



RESOURCES 

Loans and discounts ; $35,811.44 

Overdrafts I 

United States bonds on hand i 

North Carolina State bonds | 

All other stocks, bonds and mortgages- 
Premium on b^nds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S. 

notes 

Expense account 



Total 44, 237.69 



4,745-17 

1 , 267. 70 

80.00 

114. 18 

283. 00 
1,670.76 



W. H. Oakey, Cashier. 



LIABILITIES 



Capital st^ck paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscouuted 

Rills payable 

Time certificates of d posit 

Deposits subject to check . 

Demand certificates of deposit. 

Due to banks and banker* 

Cashier's checks outstanding _. 
Certified checks 



Total. 



$20,432.97 



19,499.00 
2,883.54 



9.70 



41,237.69 



410 



N. C. CORPORATION COMMISSION. 



GUARDIAN SECURITY, TRUST AND DEPOSIT CO., WILMINGTON. 

H. C.McQurev. President. F. W. Pick, Cashier. 



RESOURCES. 



Loans and discounts '$128,501.07 

Overdrafts ' 

Uniied States bonds on hand | 

North Carolina State bonds ' 

All other stocks, bonds and mortgages 

Premium on bonds 

Banking house, furniture and fixtures 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin ._ 

Silver coin, including all minor coin 

currency 

National bank notes and other U. S 

notes 

Revenue stamps 



Total 162, 184.49 



7,900.00 
20,633.31 



32.50 
15-61 



5,002.00 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills rediscounted — 
Bi lis pay * b!e 

Time certificates of deposit 

Deposits subject to check 

Demand certificates ol deposit. 

Due to banks and bankers 

Cashier's checks outstanding .. 
Certified checks 



Total. 



$29, 375. 00 
2,288.32 



126,021. 17 
4, 500. 00 



162, 184.49 



MECHANICS AND DIME SAVINGS BANK, RALEIGH. 

Chas. E.Johnson, President. B. L,. L,acey, Cashier. 



RESOURCES. 



Loans and discounts 

Ovei drafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages 

Premium on bonds ^ 

Banking h«/use, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor ccin 

currency 

National bank notes ai:d other U.S. 

notes 

Auxiliary banks 



Total.. 



LIABILITIES. 



$104,974.68 



1,500.00 

572. 50 



26, 784. 69 

1.504-50 

161.39 

1,548.00 

2 SO. OO 



I37,295-76 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bids rediscounted 

Rills payable 

Time certificates of deposit 

Deposits subject to check 

Demand ceriificaies of deposit. 

Due to banks and bankers 

Cashier's checks outstanding.. 
Certified checks 



Total _ 



$15,000.00 



1,798.89 



120,496.87 



137, 295. 76 



PEOPLE'S FIVE CENTS SAVINGS BANK, GREENSBORO. 
J. W. Scctt, President. James A. Hodgin, Cashier. 



RESOURCES. 


$141,866.53 
3, 300. 00 


LIABILITIES. 

Capital stock paid in 

Surplus fund . 






$2,430.17 
3, 609. 32 








All other stocks, bonds and mortgages 








5,785.54 






Banking house, furniture and fixtures. 






Deposits subject to check ... 


159,080.67 








10,651.17 

3, 476. 00 

45-92 

3.00 

165, 128. 16 








Cashier's checks outstanding 

Certified checks 

Total 




Gold coin _ 

Silver coin, including all minor coin 

currency ... . ._.' ... 
National bank notes and other U.S. 

notes 

Revenue stamps 




Total 


165,128.16 



REPORT ON CONDITION OP STATE BANKS. 



411 



PIEDMONT SAVINGS BANK, WINSTON. 



D. H. King, President. 



Iy. W. Pe&ram, Cashier. 



RESOURCES. 



Loans and discounts 

Overdrafts 

United States bonds 

North Carolina State bonds 

All other stocks, bonds and mortgages. 

Premium on bonds 

Banking house, furniture and fixtuies. 

All other ieal estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 




Total 



225. CO 



1,251.76 

1^7-37 
87.50 

310.39 
600. 00 



13,303.66 



LIABILITIES. 



Capital stock paid in 

Surplus lund 

U" divided profits 

Dividends unpaid 

N -tes and hills rediscounted _. 

Bills payable 

Time certificates of deposit 

Deposits subject to check . 

Demand certificates of deposit. 

Due to batiks and bankers 

Cashier's checks outstanding.. 
Certified checks 



Total 



55,000.00 



3*3- 17 
2,465.72 



5,444-77 



13,303-66 



RALEIGH SAVINGS BANK. 



Jno. T. Pullen, President. 




Jas. O. Litchford, Cashier. 


RESOURCES. 


$201,743.58 
41.17 


LIABILITIES. 


$15,000.00 
13,000.00 












43, 000. 00 
51, 250.00 

4, 000. 00 
12,800.00 

2, 300. 00 






All other stocks, bonds and mortgages. 










Banking house, furniture and fixtures. 








349,090.52 








66,008.93 
992. 19 


















Silver coin, including all minor coin 


15-57 
200. 00 




2,594.92 


Total 


National bank notes and other U. S 














Total _ 


382,351.44 


382,351.44 







SALISBURY SAVINGS BANK. 



Dee S. Overman, President. 



RESOURCES. 



Doans and discounts 

Overdrafts 

United States bonds on hand 

North Carolina State bonds .__ 

All other stocks, bonds and mortgages- 
Premium on bonds 

Banking house, furniture and fixtures. 

All other real estate owned 

Demand loans 

Due from banks and bankers 

Cash items 

Gold coin 

Silver coin, including all minor coin 

currency 

National bank notes and other U.S. 

notes 

Revenue stamps 



$68, 564. 07 
1,072.46 



515- 



7,589.64 
5,000.00 



3i,397.».! 

865.21 
1,306.00 

687.68 

3,582.00 



Total 124, 579. 88 



W. F. Snider, Cashier. 



LIABILITIES. 



Capital stock paid in 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes and bills redlscounted___ 

Bi Is payable 

Time certificates of deposit 

Deposits subject to check 

Demand certificates of deposit. 

Due to banks and bankers 

Cashier's checks outstanding.. 
Certified checks 



Total. 



$35,000 .00 



6i9-75 
435- 00 



87,282. 11 
1,243.02 



124,579.88 



412 



N. C. CORPORATION COMMISSION. 



WILMINGTON SAVINGS AND TRUST COMPANY. 

J. W. Norwood, President. C. E. Taylor, Ji 



, Cashier. 



RESOURCES. 


$6So, 638. 79 


LIABILITIES. 


$25,000.00 












26,430.03 
























Banking house, furniture and fixtures- 


200. CO 
3, 000. 00 








754,573-63 








121,215.31 




















Silver coin, including all minor coin 


949- 56 


Total -— - 




National bank notes and other U. S. 
















Total _ _ 


806, 003. 66 


806,003.66 







REPORT ON CONDITION OF STATE BANKS. 



413 



Summary of the Reports of the Condition of the State, 

Private and Savings Ban^s of North Carolina at 

the Close of Business on Sept. 5, 1900. 



STATE BANKS. 



RESOURCES. 



l,oans and discounts $6, 

Overdrafts 

United States bonds | 

North Carolina State bonds 

All other stocks, bonds and mortgages' 

Premium on bonds 

Banking houses 

Furniture and fixtures J 

All other real estate 

Demand loans j 

Due from banks 

Cash items i 

Gold coin 

Silver coin 

National bank notes 

Miscellaneous I 



721,504.11 
132,486.66 

22, 400. 00 

107, 508. 95 

303, 266. 95 

4,805.00 

154,195.14 

80,687.85 
106,417.25 
178,764.70 
677,477.37 
121,807.82 
199,786.95 
104, 609. 45 
366,391.83 
286,^06.51 



Total '' 10, 568, 91 6. 54 



LIABILITIES. 



Capital stock j $2,242,390.92 

391,360.78 

! 338,298.03 

1 1,995.00 

115,912.93 

253,685.00 

429,618.14 

! 5,908,900.29 

j 323,652.65 

1 186,659.32 

1 56,841.27 

1 603.25 

! 318,^98.96 



Surplus fund 

Undivided profits 

Dividends unpaid 

Notes rediscounted 

Bills payable 

Time deposits 

■Deposits subject to check 

Demand certificates 

Due to banks 

Cashiers' checks 

Certified checks 

Miscellaneous 



Total . 10,568,916.54 



PRIVATE BANKS. 



RESOURCES. 

L,oans and discounts 


$1, 123,641.08 

61,808.22 

500. 00 

8, 200. co 

189,307.99 

450. 00 

33.883.84 

16,897.63 

81,290.95 

79,003.72 

231,733-4' 

14,629. 20 

23, 34.<.7i 

19,752.48 

74,416.58 

6, 3 15. q 1 


LIABILITIES. 

Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaio 

Notes rediscounted 

Bills payable 


$274,184.58 
136,456.23 
48,393.9° 






All other stocks, bonds and mortgages 


78, 320. 17 
98, 668. 00 
238,432.26 
1,003,672.55 
22,686.57 
52, 093. 13 
12,249.33 










Demand certificates 

Due; to banks 

Cashiers' checks 












Silver coin 


l 




Total - . 








Total 


1,965,174.72 


1,965,174.72: 







414 



N. C. CORPORATION COMMISSION. 



SAVINGS BANKS. 



RESOURCES. 
Loans and discounts 


$1,544,067.22 

2,907.01 

3, 300. 00 
47, 5 '5- 00 
52,750.00 

4 , 000. 00 
25, 060. 36 

5,839.02 
10, 300. 00 

7, 900. 00 
333,422.05 

4, 262. 03 
i3,35^ o 

6, 080. 93 
21,435.00 

1,670.76 


LIABILITIES. 


$[69,807.97 

27,930.17 

47,650.21 

435- 00 

2, 465. 72 

37,572.88 

I Q, 499. OO 

I,762,o82.66 

4,500.OO 

I,36l.95 
2, O96. 93 
8,465.89 


Ovei drafts _ . 












All other stock*, bonds and mortgages 


















Demand loans _ _ _ . 














Total— _ _. _. 


















Total . 


2,083.868.38 


2,083,868.38 







STATE, PRIVATE AND SAVINGS BANKS. 



RESOURCES. 


$9,389,212.41 
197, 201.89 
26, 200. 00 
163,223.95 
545,324.94 
9, 255- 00 
2i3,i39.34 
103,424.50 
198, 008. 20 
265,668.42 
2, 242, 632. 83 
140,699.05 
2^6,489.66 
130,442.86 
462,243.41 
294,793- 18 








All other stocks, bonds and mortgages 
























Total 


I4,6i7,959.64 





LIABILITIES. 



Capital stock 

Surplus fund 

Undivided profits 

Dividends unpaid 

Notes rediscounted 

Bills payable 

Time deposits 

Deposits subject to check- 
Demand certificates 

Due to banks ., 

Cashiers' checks 

Cert ified checks 

Miscellaneous 



$2,686,383.47 

555,747.i8 

434,342.14 

2,448.00 

106,698.82 

389,925.88 

687,549.40 

8,674,655.50 

350, 8 <9. 22 

240, 114.40 

71, '87- 53 

603.25 

327,464.85 



Total 1 14,617,959.64 



BUILDING AND LOAN ASSOCIATIONS. 



415 



H H 



o 


N 


w 


a 






£ 


m 


s 


a 


£ 


<J 



o 

a W 
a! 3 



►A £ M 



^ £ £ 



t» .75 a 






1 a 
o £ 
•S. P 



« .s « •= 



J « ^ 






* 



8 -2 



o .2 






.£ ^ 2 



33 "2 

.2 "3 

8 « 

in .-I 

CO ca 

<L( "a; 

s e* 



S ."3 H .2 .y .Si ~ 



.2 a 



B & 



s s s s 



S 3 S 55 



"i 3 •- 



416 



N C. CORPORATION COMMISSION. 



o .2 ~ 
S 3 * 



a "8 J3 

in S *t« H 



w * 



u 


£ 


7: 






h 


U 




►A 


£ 



<s J 



<3 «J 



O C ~! ~ 



£i Z. T3 



£ £ 



*£ ■= 5 a 



5 £ £ £ 






o 


r/i 


M 


w 




C 






3 


o 

CO 


s 


ra 


ra 



ACCIDENTS TO PERSONS. 



41 



< 


u 






t-» co oo t}- cn -^ uo 
CN t*- 




CT> CS O ■* vO 

CO CN M 


o 


3 


w 


to i-i rf i O co M 


in 


CN N -<r lO 


CO 


6 
a 

55 

en 

Cu 
en 
w 
Pi 

H 

s 


v 

i- 

s 

a 1 

M 


1/5 


IN ! 00 O 


o 






•d ! M 

M 






fO 






6 
z 

55 

en 
<! 
Ph 

03 


-d 

<u 
u 

p 

'a 

M 


•<*- 


i i i 


■* 

■<*■ 


M ro 


«o 


-a 

3 


Otj 


CN M CN 2" ° 


CN 


M 1 H CO CN 


t^ 


W 
P- 

o 
pj 
Ph 

S 

w 


Ih 

3 


o 


CO u"> CN CN uoOncn CO iO 

1-1 M 00 TT -i 

-" CO 




CO <N - 


00 


M 


CN 




CN ^- CN 


o> 




O 


en 

OS 

w 
o 

B 
en 

en 
< 
Ph 


1 

3 




H M M M - N . t> 

H ro 




CN CN C" 1 


VO 














CN 




§ 

z 


2 

V 

c 

GO 

o 
U 
o 

n 
3 


c 

i < 

a t 
1 3 5 

>< -o J: 

" 1 2 

« C C 
6J rt cc 

« t; * 

H <3 < 

p 

o 
en 


P. ! 

! 4> ! ! 

i J3 

1 3 ! 

1 «0' i 1 

! T3 

! a ' ' 11 

! 08 

I ° 

\ o \ i ! : 

! ,a , 
r ! •* ! ! ! 

Xn <0 

t: cu i i :i -d 

ft a ' 2 >> 4 * 

CO 5 cd £ +J g cfl 

hj Bi a S g S _a 

« a" 1 5 > 1 1 

« -a « a a * o5 
•1 £ « 6 g a o 
v ^ 5 5 « * 5 

<j n I? t» t/> ph ^ 


P 
< 

C 
P 

c 

p 

1 
a 


a 

1 1 1 ! Ih 
1 I J I V 

! 1 i -a 
I . o 
! a ! ! 5 

i. € 1 i ; 5 

5 2 a § s 3 

: a S fl ^ .2 

3 — 03 M M J 

§ S "2 2 2 o 

2 cs 3 c8 c3 cu 

q u Q (4 (A C 

t 

i 

a 





■27 



418 



N. C. CORPORATION COMMISSION. 



1 

< 

H 

H 


•d 

a 
i? 


M H ro 1 N Tj- ■**• 




ON 

On 


"d 

<L> 

5 


P-. i w l-l vo « 


o 


00 


6 
g 

03 
oi 
«! 
ft. 

05 

a 

PS 
H 
H 
O 


-d 

3 




(N 


00 


. i " i i : : i 

v i i j ! ' ! I 

3 ; : . j 






c 
g 

on 

<! 
Oh 

03 

W 

aS 
H 


t5 

u 

3 








T5 


- LO 


VO 


>/; 


oi 

« 

3 

w 


-d 

3 

'5 1 


f» i-i | M. H M 
(MM 


v£> 
ro 


o 

00 


•d 

s 




■* 


00 


03 

PS 

td 

W 
03 

03 

< 
Pi 


-d 
u 

u 

2 


: r^ i i i-i ro 


t-~ 


00 


■d 

'3 






ro 


£ 

i 

J 


4 

< 
5 


2 § i £ J 1 

ja ti 5 -s <u h 
* o £ t 5 £ • 

J. 1 ■s S 5 | 5 . 
§ ; ! § s 1 1 l 

U CS — ™ * > 

s ■b ; i i i i s 

03 


J 

o 

H 


! !| 

1 1 

! 

13 

J 

T3 

a 

i 

a 



COST OF ROAD, CAPITAL STOCK, ETC. 



419 



a 3 



Si 



a; *S 

'O.O 

S3 ^ 
SQ 
ft 



Ox, 



ON O 

*£> O 

1- O 



8 8 



8 8 8 



# 



# 



o 



8 .8 



a £ 



€ a 



05 .5 
*r o 

"H CO 



S S 

> < 



o 5 * 

5 s £ 

a "g 
o * 

a * .-« 

1 | 8 



« & <* 



420 



N. C. CORPORATION COMMISSION. 



.a 

Si 



o 

'I- 






ff 



■as 

35$ 



i o 



<J a 



o o ca 



a ■£ 



o s 



£ H 



Z 



U hJ 



a * 



COST OF ROAD, CAPITAL STOCK, ETC. 



421 



O i O O O 1 O O 1 i o 
O l O O O i O O 1 l o 

d i ri d> d -4 d i vd 

O i O 00 O I ro O I ON 

o i o m o i M o i i ii 

ro i vd~ ro <*T i -tf- M i .d- 






O lOOOOOO lOO 

o oooooo oo 

d i d vd o d w o i io ■<*• 

o iuoiooooo ir^M 
o r^NMiot^o iiO'O 

« cT O ">*■ ■«? ««*" » i oo" ro 






6o , ooo. oo 

385, 349. 00 

89, 743. 00 
6, 000. 00 

50, 000. 00 
30, 000. 00 
160, 000. 00 

765, 750. 00 





d 

in 




to 

00 






00 

LO 

cs 

X 


000. 00 

412.00 
410.00 
300. 00 

000. 00 

000 . 00 

000 . 00 
000. 00 

050. 00 
470. 00 





00 
00 



O |VOVONOOO'0.<0*d- 
■^ ir-^lO'iONU^ro^iro 

1 ^ (S ~-< ro « 


ON 

0* 


■3- 




ft 2 



* Z Z Z 



M- 

v be 

■ = CO 

■sS 






ST. 



422 



N. C. CORPORATION COMMISSION. 



ed tn^ 

v B ° 

Ox- 



KM 

wig's 



« 3 

Big 



Sow 

H Otf! 



•J CO 



CJ\ >-. ►* 




S3 (LI 



C Si 

oj a. 
P.M 

OW 



Hag 

CD o.2 

O) 01 t- 

2.2£ 



CO to CO 



# 



*> 5 ff .a 



o > 



00 M 

M CO 



S ^ J3 S 

CO 

5 



(/)«-• -u 



<j p W £ K to f* 



i fc 3 
« -d 2 
o co a 



<& C4 



RECAPITULATION OF EARNINGS, ETC. 



423 



$ 2f 

CO o 



9 



\0 W M 



lO . VO M 



> On 


o 


m 


ov 


t^ 


r^ 


VO 


i-i 


00 


TJ- 


l-l 


t^ 


~: 


VO 


•* 


o 


o 


t-» 


H 


00 


LO 




►.* 


cm" 


,j- 


r^ 




r^ 


M 




t^» 




ri. 


to 






r-» 




M 




CN 














(N 




LO 


t^ 






o 


N 




CN 


LO 


o 






t^ 




* r-~ 






0) 






<*■ 


^ 


l< i. 


LO 


CO 


<* 


tO 




t 


l 1 


to 











3V VO 

3 ■* 


ts 


VO 
vO 


VO 


o 

co 




■<a- 


Tf 

t^ 


CO 


LO 


■* 


o 






00 


CO 
Ov 


o 
o 


0"l 


vo 
to 




<* 


H 00 

3v r^ 


00 

o 


rO 


OS 

00 


OS 


to 

Ov 

o 


00 


to 

00 


o 

Ov 


Ov 


00 


VO 
Ov 


VO 
O 


to 


o 

o 


00 

to 


LO 


8 


VO 

o 


vO 

o 

LO 


o 

LO 



odd 



-S * 



fc .2 

u o 

a. i- 

o u 



2 * 



£> cc 



a q w 



." *" 



2 5 

3 s 



fc £ 05 rt 



424 



N. C. CORPORATION COMMISSION. 



Operating 

Expenses per 

' Mile of Road. 


8 8 8 

-<r 06 cn 








Earnings 
from Opera- 
tion per Mile 
of Road. 


$906 . 00 

1,495.00 
1,549.00 








Gross 

Income — all 

Sources. 


~"> vo co 

r^ 10 

CN t-~ O 

vo 


CO 
00 
vO* 


vO 
VO 



■*? 
VO 


u 

v . 

Sag 

HO!C 








CO 
co 

d 

O 
CO 

CO 


Income from 
Operation. 

$420. 23d 

277. i6d 

6, 405. 23 


cc 


ro 

ro 

d 

Ov 

00 
u-> 


Operating 
Expenses. 

$22, 185. 70 
i7,933.6o 
16,833.48 


CO 
co 

oc 

u-) 
VO 


00 
00 

vd" 

CO 
CO 

d> 


cd 

(« 03 1h 

2 -2n 


r-~ vo " 

^ Tj- f^ 

uo vd 00° 
vo 10 co 

t^ vO tN 

M 1-1 CS 
*** 


10 

vd 


co 


CO 
00 


Name of Road. 


Miscellaneous Roads— Continued. 

Wellington and Powellsville 

Wilmington Sea Coast 

Winton 


8 

C 

:- 




O 

a 
cd 





RECEIPTS AND DISBURSEMENTS. 



424 a 



RECEIPTS AND DISBURSEMENTS— BUILDING AND LOAN COMPANIES AND BANKS. 





Received. 


Disbursed. 


Received license tax and fees building and loan companies 

Paid to State Treasurer - . - - 


$159. 00 




$159.00 


Received from banks, examination fees, balance 1899 

Received from bank examination fees, 1900 

Paid examiners _ ______ ______ _ _ _ 


210.00 
1,700.00 




1,910.00 






Total- ___ _- 


$2, 069. 00 


$2, 069. 00 


• 



GENERAL INDEX. 



NDEX TO COMPLAINTS AND DECISIONS, SEE PAGE 431. 



Page. 

Act — Corporation Commission (Part 1) 1 

Supplementary Acts, etc 21 

Aberdeen and Ashboro Railroad — assessment of (Part 2) 5 

report of (Part 2) 212 

tariff (Part 1) 64-67 

Aberdeen and Rock Fish Railroad — assessment of (Part 2) 5 

report of (Part 2) 215 

tariff (Part 1) 63 

Accidents (2) 

Albemarle and Chesapeake Canal — assessment of (Part 2) 90 

Assessment — of steamboat and canal companies (Part 2) 90 

Assessment — of express companies (Part 2) 74 

of Pullman Car Company (Part 2) 77 

railroads (Part 2) 2 

by counties ( Part 2 ) 42 

by towns (Part 2) 59 

of telegraph companies (Part 2) 79 

telephone companies (Part 2) 93-95 

Asheville and Spartanburg Railroad — assessment of (Part 2) 3 

report of (Part 2) 160 

tariff (Part 1) 55 

Atlanta, Knoxville and Northern Railroad — assessment of (Part 2) 5 

tariff (Part 1) ... . 73 

report (Part 2) 225 

Atlantic Coast Line Railroad Company — assessment of (Part 2) 2 

reports (Part 2) 98 

tariff (Part 1) 51 

Atlantic and North Carolina Railroad — assessment of (Part 2) 5 

report of (Part 2) 217 

tariff (Part 1) 65 

Atlanta and Charlotte Air Line Railroad — assessment of (Part 2) 3 

report of (Part 2) 152 

tariff (Part 1) 55 

Atlantic and Yadkin (Part 2) report 165 

Banks (Part 2) 37S-382 

Building and loan companies (Part 2) 415 



426 N. C. CORPORATION COMMISSION. 

Page. 

Corporation Commission — Act creating (Part 1) . . . 1 

Caldwell and Northern Railroad — assessment of (Part 2) 5 

report of (Part 2) " , 244 

tariff (Part 1) 74 

Cape Fear and Northern Railroad — assessment of (Part 2) 5 

report of (Part 2 ) 227 

tariff (Part 1 ) 81 

Canal companies — assessment of (Part 2) 90 

Capital stock, funded debt, etc. (Part 2) 419 

Carolina Central Railroad — assessment of (Part 2) 4 

report of ( Part 2 ) 290 

Carthage Railroad — assessment of (Part 2) 5 

report of (Part 2 ) 247 

tariff (Part 1) 72 

Cashie and Chowan Railroad — assessment of (Part 2) 5 

report of (Part 2) 226 

Charlotte, Columbia and Augusta Railroad — assessment of (Part 2) 3 

report included in Southern Railway report. 

Carolina and Northwestern Railroad — assessment of (Part 2) 5 

report of (Part 2) 235 

tariff (Part 1) 71 

Carolina Northern (Part 1) 75 

report of (Part 2) 244 

Circulars — issue by the Commission (Part 1 ) 146 

Counties — assessment of railroads in (Part 2) 42 

Complaints, Decisions, etc. (Part 1) 103 

Danville and Western Railroad — assessment ol (Part 2) 3 

report of (Part 2) 209 

Durham and Charlotte Railroad— assessment of (Part 2) 5 

tariff (Part 1) 72 

report of (Part 2) 246 

Durham and Northern Railroad — assessment of (Part 2) 5 

report of (Part 2) 307 

Earnings — recapitulation of (Part 2) 422 

East Carolina tariff (Part 1) 82 

Report (Part 2) 243 

East Tennessee and Western North Carolina Railroad — assessment of 

(Part 2) 5 

report of (Part 2) 245 

Egypt Railway — assessment of ( Part 2 ) 5 

report of (Part 2) 242 

tariff (Part 1) 73 

Express Company, Southern — tariff (Part 1) 85 

Fertilizer rates (Part 1) 47 

Freight tariff (Part 1) 46 

rules governing (Part 1) 36 

Georgia, Carolina and Northern Railroad — assessment of (Part 2) 4 

report of (Part 2) 298 

tariff (Part 1) 60 



GENERAL INDEX. 427 

Page. 
High Point, Randleman, Ashboro and Southern Railroad — assessment of 

(Part 2) 3 

report of (Part 2) 173 

tariff (Part 1) 55 

Interstate Telephone Company (Part 2) 375 

Lawndale Railroad — assessment (Part 1) 5 

report (Part 2) 275 

Linville River Railroad — assessment (Part 1) 5 

report (Part 2) 275 

Louisburg Railroad — assessment of ( Part 2 ) 4 

report of included in Raleigh and Gaston. 

Moore County Railroad — assessment of (Part 2) 5 

report of (Part 2 ) 248 

tariff (Part 1) 78 

New Hanover Transit Company — assessment of (Part 2) 5 

Norfolk and Southern Railroad — assessment of (Part 2) 5 

report of (Part 2) 250 

tariff (Part 1) 73 

North Carolina Railroad — assessment of (Part 2) 3 

report of (Part 2) 180 

North Carolina Midland — assessment of (Part 2) 3 

report of (Part 2) 190 

North and South Carolina (Part 2) 211 

Norfolk and Western — assessment of (Part 2) 5 

report of (Part 2) 261 

tariff (Part 1) 76-77 

Northampton and Hertford Railroad — assessment of (Part 2) 5 

report of ( Part 2 ) 249 

tariff (Part 1) 75 

Oxford and Clarksville Railroad — assessment of (Part 2) 3 

Oxford and Henderson Railroad — assessment of (Part 2) 3 

report of included in Southern Railway report. 

Palmetto Railroad — assessment of (Part 2) 4 

Passenger tariff ( Part 1 ) 47 

rules governing (Part 1 ) 36 

Petersburg Railroad — assessment of (Part 2 ) 2 

Piedmont Railroad — assessment of (Part 2) 3 

report of included in Southern Railway report. 

Pittsboro Railroad — assessment of (Part 2) 4 

report of included in R. and A. report. 
Postal Telegraph Cable Company. 

assessment of by counties (Part 2) 7-88 

officers (Part 2) 309 

Pullman's Palace Car Company — assessment of (Part 2) 7-77 

officers 377 

Railroads — assessment of (Part 2) 2 

assessment of by counties (Part 2) 42 

by towns (Part 2) 59 

tariffs of (Part 1) 50 



428 N. C. CORPORATION COMMISSION. 

Page. 

Raleigh and Cape Fear — assessment of (Part 2) 5 

tariff (Part 1) 80-84 

report of (Part 2) 273 

Raleigh and Augusta Air Line Railroad Company — assessment of (Part 2) 4 

report of (Part 2) 314 

tariff (Part 1) 59 

Raleigh and Gaston Railroad — assessment of (Part 2) 4 

report of (Part 2) 324 

Refrigerator Companies — assessment 7-97 

officers 376 

Red Springs and Bowmore — assessment of (Part 2) 5 

report of (Part 2) . . , 274 

Reports and Decisions (Part 1) 103 

Roanoke and Tar River Railroad — assessment of (Part 2) 4 

report of (Part 2) included in S. and R. 

Rules of Practice (Part 1 ) 34 

Rules Governing Freight and Passenger (Part 1) 36 

Seaboard and Roanoke Railroad— assessment of (Part 2) 4 

report of ( Part 2 ) 335 

Seaboard Air Line System — assessment of (Part 2) 4 

report of (Part 2 ) 289 

tariff (Part 1) 60 

Southern Railway — assessment of ( Part 2 ) 3 

report of (Part 2) 118 

tariff (Part 1) 55 

Southern Express Company. 

assessment of ( Part 2 ) 75 

tariff (Part 1) 85 

officers 377 

Southern Bell Telephone and Telegraph Company— assessment of (Part 2) 95 

offices (Part 2) 373 

South Carolina and Georgia — assessment of (Part 2) 5 

South Carolina and Georgia — report of (Part 2) 280 

tariff (Part 1) 68 

State University Railroad — assessment of (Part 2) 4 

report of (Part 2) 196 

Steamboat and Canal Companies — assessment of (Part 2) 7 

Street Railway Companies (Part 2) 351 

Suffolk and Carolina Railroad — assessment of (Part 2) 6 

report of (Part 2) 276 

tariff (Part 1) 79 

Table — Recapitulation of earnings (Part 2) 422 

Table— Capital stock, funded debt, etc., (Part 2) 419 

Table — Employees 416 

Table— Accidents 417 



North Ca " ~>-- 



9 



Library 



GENERAL INDEX. 429 

Page. 

Tariff (Part 1) 50 

freight tariffs (Part 1) 4C> 

relation of to Railroad Companies (Part 1) 50 

Passenger tariff (Part 1) 47 

Express Company tariff (Part 1) 85 

Telegraph tariff (Part 1) 47 

Fertilizer tariff ( Part 1 ) 47 

Molasses tariff ( Part 1 ) 49 

Fire wood ( Part 1 ) 49 

Cotton seed (Part 1) 48 

Telephone Companies — assessment 7-93-95 

offices (Part 2) 375 

Telegraph Companies — assessment of (Part 2 ) 79 

tariff (Part 1) 47 

officers (Part 2) 369 

Towns — Railroads and assessments (Part 2) 59 

Transylvania Railroad Company — assessment of (Part 2) 6 

report of (Part 2) 282 

tariff (Part 1) 69 

Warrenton Railroad — assessment of (Part 2 ) 6 

report of (Part 2) 288 

tariff (Part 1) 79 

Wellington and Powellsville Railroad — assessment of (Part 2) 6 

report of ( Part 2 ) 284 

Western North Carolina Railroad— assessment of (Part 2) 3 

report of (Part 2) included in Southern Railway. 

Wilmington, Chadbourn and Conway Railroad — assessment of (Part 2) . . . . 6 

Western Union Telegraph Company— assessment of (Part 2) 7-80 

tariff of (Part 1) 44 

officers (Part 2) 309 

Wilmington, Columbia and Augusta Railroad — assessment of (Part 2) . . . . 2 

report of (see A. C. L. of S. C.) 

Wilmington, New Bern and Norfolk Railroad — assessment of (Part 2) . . . . 2 
report included in Atlantic Coast Line Railroad Company. 

Wilmington and Weldon Railroad — assessment of (Part 2) 2 

report of (Part 2) included in Atlantic Coast Line, 
tariff (Part 1) included in Atlantic Coast Line. 

Wilmington Railway Bridge Company — assessment of i^Part 2) 4 

Wilson and Fayetteville Branch — assessment of (Part *) 2 

report of included in Atlantic Coast Line Railroad Company. 

Wilmington Seacoast Railroad — assessment of (Part 2) 6 

report of ( Part 2 ) 285 

tariff (Part 1) 79 

Winton Railroad — assessment of (Part 2 ) 6 

report of ( Part 2 ) 287 

Yadkin Railroad — assessment of (Part 2 ) 3 

report of ( Part 2 ) ' 203 

tariff (Part 1) (see Southern .Railway ). 



INDEX TO COMPLAINTS. 



Page. 

Atlantic Coast Line to the Commission 10S 

Atlantic Coast Line to the Commission 110-111-115 

Aycoek, C. P. vs. Norfolk and Southern Railroad Company 104 

Assessment of Railroad Property 117 

Bushnell, Citizens of vs. Southern Railway 107 

Canton, Citizens of vs. Southern Railway 107 

Canton, et al., citizens of vs. Southern Railway 108 

Cherryville, Citizens of vs. Seaboard Air Line 106 

Davis, Miss Maud vs. Atlantic Coast Line 115 

Douglass vs. Atlantic and North Carolina Railroad Company Ill 

Edwards & Broughton vs. Seaboard Air Line 110 

Eure, Citizens of vs. Atlantic Coast Line 112 

Hillsboro, Citizens of vs. Southern Express Company 109 

Iredell County Commissioners of vs. Southern Railway 112 

Latta, Wm. L. vs. Atlantic Coast Line 105 

Lin coin ton, Citizens of vs. Western Union Telegraph Company 113 

Mackey's Ferry, Citizens of vs. Norfolk and Southern Railroad Company. . 110 

Manchester, Citizens of vs. Atlantic Coast Line 112 

Mount Airy Furniture Company vs. Southern Railway 109 

Norfolk and Western Railroad Company To The Commission 105 

Red Springs, Citizens of vs. Atlantic Coast Line 114 

Seaboard Air Line To The Commission 115 

Seaboard Air Line, Commissioners vs 103 

Whittier, Citizens of vs. Southern Railway 107 

Wilson Oil Company vs. North Carolina Car Service Association 116 

Wilson Lumber Company vs. Carolina and N. W. Railroad Company 104 

Worth, W. E. vs. Southern Express Company 106 

Waynesville, Citizens of vs. Southern Railway 108 



INTERL1BRARY LOAN 

Date Due 



-*<* — 6-W» 


t 






SEP. 1 6 


198$ 






































































































RESTR 


rTFPl TO 


i icr iM * i 


DDADV 




o i cti> i \j 


Uot 1 !>• LI 






BRODART INC 



Cat No. 23 233 Printed in S A 



STATE LIBRARY OF NORTH CAROLINA 




3 3091 00772 8520 



BOUND TO PLEASE 



H5Y768 

™ v N. MANCHESTER, 
INDIANA